canine-docs/docs/protocol/modules/lp.md
2023-04-28 15:29:22 -04:00

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LP Module (Coming Soon)

The lp (Liquidity Provision) module is a vital part of the Jackal Protocol, enabling the creation and management of liquidity pools for trading and swapping tokens. This module provides a decentralized solution for users to contribute liquidity to the ecosystem and earn rewards in return.

Overview

The lp module manages the following aspects of liquidity pools:

  1. Liquidity Pool Creation: Allows the creation of new liquidity pools for token pairs.
  2. Liquidity Provision: Facilitates users to add or remove liquidity from existing pools.
  3. Token Swaps: Enables decentralized trading and swapping of tokens within the liquidity pools.
  4. Rewards: Distributes rewards to liquidity providers proportionate to their contribution.

For a more detailed guide on the 'lp' module, please refer to the module documentation on GitHub.