๐โโ๏ธLiquidity Providing
SolidLizard allows users to earn income through liquidity provisioning. By adding liquidity to the incentivized gauges, users will receive a share of the rewards allocated to those gauges based on the amount of liquidity they have provided.
Approximately 62% of SLIZ
's supply is directed towards liquidity providers and 33% will go to the veSLIZ holders at the epoch 1.
However the veSLIZ holders will see their share of the emissions increase every week. Rewarding our long term investors. The team receives 5% of the total emissions.
However, the liquidity providers do not receive any swap fees from the gauge's trading volume. Instead, their income is generated from the rewards distributed by veSLIZ
to the gauge.
50% of the swap fees are given to veSLIZ
users who have voted on the gauge, which encourages the generation of swap fees and voting on gauges with higher trading volume. The 50% remaining will be used for buybacks of the SLIZ
token and deepen the liquidity.
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