Defibox
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  • Defibox Whitepaper V4.2
    • Review of Major Events in Defibox
    • 2022 Defibox Annual Report
    • Defibox 2022 Roadmap for Q2
  • RAM/bRAM operation tutorial
  • Create a Free EOS Account by EOS Helper
  • Security
    • Development Documentation
    • Security Audit
    • Multi-signature Contract
    • Code Open Source
    • Bug-bounty Program
    • Announcement On Defibox Account
  • Q&A
    • Defibox Tutorial
      • EOS Profit Tutorial
      • USDT Profit Tutorial
        • How to do a lossless arbitrage with USDT?
        • USDT Yield Guide: How to Earn Stable Earnings in a Bear Market?
      • USN Profit Tutorial
      • Balance Tutorial
        • How to make market EOS+sEOS and receive rewards
      • Vault Tutorial(Take EOS as an example)
    • Swap Questions
      • Swap Related Questions
      • Liquidity provider questions
        • About DEFIBOX SWAP independently on the burning token description
      • LP Tokens Questions 1
      • LP Tokens Questions 2
    • USN Stablecoin Questions
      • About USN Agreement Revenue
      • USN Currency Parameter Table
      • The Automatic Adjustment Mechanism of USN Annualized Rate
    • Lending Questions
      • Lend currency parameter table
    • Vault Questions
      • Vault User Document(Take EOS as an example)
      • Vault Q&A
    • BOX Mining Questions
    • BOX DAO Questions
    • Defibox Mining Rules
    • Balance Mining Rules
      • Balance Trading Algorithm
    • Link to Clear Cache
    • Desktop wallet download address
    • How to create an EOS wallet (source TokenPocket)
  • About WAX
    • WAX FAQ
      • Create WAX Cloud Wallet (WCW)
      • How to stake resources ?
      • Defibox Market Making and Mining Tutorial
      • Swap protocol mining rules
    • Defibox Points Treasure Hunt Event
    • WAX ecological information
      • Alien World
      • WUFFI
    • WAX monthly news
  • Defibox DAO
    • DefiboxDAO Charter V5.0
    • Board Members
    • Report of the 3rd DefiboxDAO Board
    • About Luckybox
    • bp.defi Node Matters
      • Defibox BP Proposal
        • Proposal to change eosio.saving funds transfer process
        • Explanation on the multi-signature setting of the EVM smart contract account by the EOS Foundation a
      • Multi-Sig Proposal
        • Announcement on the Defibox BP executions of multisig for EVM boot
        • Announcement on Defibox BP passing the proposal: MSIG to enable IBC for WAX<>EOS
        • Announcement on Defibox BP passing the proposal: MSIG to approve CEX whitelist (EOS EVM)
        • Announcement on bp.defi's approval of EVM version update multi-signature
    • Board Resolution
      • Board Resolution on the Use of Risk Reserves as Vault Protocol Security Audit Advance Payment
      • Regarding the transfer of 2,000 BOX in the apply.defi account for the Board resolution of the BSS In
      • Explanation on the incident of bad debts concerning DEX token in the liquidation process of the Defi
      • Defibox DAO Board Announcement on “3.29” BOX Price Fluctuation Event
      • Board resolutions on raising the satellite protocol Balance handling fee to 0.1%
  • Defibox Events
    • Defibox and Noah joint event airdrops 80,000 USD
    • Defibox 3rd Anniversary Event "Defibox 3rd Anniversary, Share 15,000 BOX"
      • Winners of "Defibox 3rd Anniversary, Share 15,000 BOX" Event
    • Defibox Launches "Recruiting Concise Version Experience Officers, Sharing 800 BOX Rewards" Campaign
      • Winners of Defibox Recruiting Concise Version Experience Officers, Sharing 800 BOX Rewards" Event
    • Defibox's 2nd anniversary event "Do tasks to earn points and win 10,000U rewards"
    • Defibox Global Essay Contest of “Play” DeFi, “Build” Block
      • Defibox "Play DeFi, Build Block" Global Essay Contest Winners List
    • Defibox and OKEx Open the BOX Trading Contest to Divide 15,000 USDT
    • "Defibox, Improve the Efficiency of Global Value Circulation” Article Contest
      • "Defibox, Improve the Efficiency of Global Value Circulation" Article Contest Starts Voting
      • The Winner List of Article Contest "Defibox, Improve the Efficiency of Global Value Circulation"
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  1. Q&A
  2. Swap Questions

LP Tokens Questions 1

LP Tokens represent your liquidity share in the liquidity pool. The transaction fee income will be accumulated to your LP asset and your LP Tokens are the only proof to withdraw liquidity assets.

·After you add liquidity, you will immediately obtain the corresponding LP Tokens, which is a standard EOS token and can be transferred freely. Different liquidity certificate corresponds to different liquidity pool.

·EOS accounts with LP Tokens can freely withdraw the corresponding liquidity assets and claim the corresponding liquidity mining rewards (BOX)

·EOS accounts with LP Tokens can claim the corresponding liquidity mining rewards (BOX). When you transfer the LP Tokens to other EOS accounts, the corresponding right to withdraw liquidity assets and the right to claim subsequent liquidity mining rewards will also be transferred

·Adding LP Tokens to Swap will not participate in the distribution of BOX rewards

bTokens represent your share in the lending market. By bToken exchange rate you can earn interest, and bTokens are the only proof to withdraw your assets.

·After you participate the market, you will immediately obtain the corresponding bTokens, which is a standard EOS token and can be transferred freely. Different bTokens correspond to different markets.

·When the liquidity in the market is sufficient, EOS accounts with bTokens can freely withdraw the corresponding assets and claim the corresponding mining rewards (BOX) and bTokens rewards.

·EOS accounts with bTokens can claim the corresponding lending mining rewards (BOX). When you transfer the bTokens to other EOS accounts, the corresponding right to withdraw assets and the right to claim subsequent mining rewards will also be transferred.

Special Note

The third-party DeFi protocol will launch the application scenario based on the Defibox bTokens to help you revitalize your assets and yield profit. Defibox cannot judge the security of any third-party DeFi protocol, nor can it prevent the third-party DeFi protocol from launching the application scenarios based on the Defibox bTokens. Therefore, it is strongly recommended to identify the security of the third-party DeFi protocol before you make a careful decision whether to transfer your bTokens or not.

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Last updated 6 months ago