Azimuth Finance
  • Azimuth Finance
    • βš›οΈAbout us
    • πŸ’ŽPre-Launch
    • πŸ“ŠRisk Insurance Fund
    • πŸ›οΈTreasure
    • πŸ”₯The Bonfire
    • πŸ’²Tokenomics
    • 🀝Referral Program
    • πŸ—ΊοΈRoadmap
    • πŸ“ŽOfficial links
    • βœ…Audit & KYC
    • ❓FAQ
  • Nodes
    • πŸ’»Nodes from Azimuth Finance
    • ❓Nodes - FAQ
  • Farming
    • πŸ’±Exchange
    • βš–οΈLiquidity Pool
    • 🚜Farming
    • πŸͺ™LP Tokens
    • ❓Farming - FAQ
  • Miner
    • ⛏️About Miner
    • πŸ’°Miner APR
    • ❓Miner - FAQ
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  1. Farming

Liquidity Pool

When you add liquidity to the pool, you will get LP tokens. When someone makes a token swap, a transaction fee of 0.2% will be charged. 0.2% will be returned to liquidity providers in the form of a fee reward. The liquidity pool will also allow you to stake your LP tokens to earn AZM tokens in the Β«FarmsΒ». Hence, apart from earning income from token swap transactions, a user will be able to stake LP tokens and earn AZM tokens. Farming fee mechanism is built in smart contract of AZM token. It uses commission fees of 2% from all trading operations of AZM token to ensure high APR values of all liquidity providers.

For instance, if you add liquidity to $AZM / $BUSD, you will receive AZM-BUSD LP tokens. The number of LP tokens you receive represents your share in BNB-BUSD liquidity pool. You can always request the withdrawal of your funds by removing your liquidity.

Please note that when adding liquidity you will need to have a sufficient amount of each token. Let’s say you want to add the following liquidity: 10 AZM / 6 BUSD. If you have less than 6 BUSD or less than 10 AZM, you will not be able to proceed. You need to have a sufficient amount of each token.

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Last updated 2 years ago

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