How will Liquidity Pools function?
Creating a liquidity pool is very simple.
Last updated
Creating a liquidity pool is very simple.
Last updated
To create a pool, a holder must have a minimum of 50 NFTs.
The holder will lock up these NFTs at tiers of 50, 100, or 150 to create the pool. The number of NFTs they decide to lock up will determine their "split". There are 3 split tiers, and they are as follows:
Split Tier 1 - 50 NFTs: 65% for UGS | 35% for the pool.
Split Tier 2 - 100 NFTs: 55% for UGS | 45% for the pool.
Split Tier 3 - 150 NFTs: 45% for UGS | 55% for the pool.
Liquidity Pools can be made private or public.
Private pools are exclusive to the creator.
Public Pools, anyone can add liquidity and earn a yield proportionate to their TVL of that pool.