🦊LittleFox Pool UI🦊

Providing liquidity is not without risk, as you may be exposed to impermanent loss. “Simply put, impermanent loss is the difference between holding tokens in an AMM and holding them in your wallet.” — Nate Hindman​

‌It’s not all bad for liquidity providers as you will also be given a reward in the form of trading fees. Whenever someone trades LittleFox, the trader pays a 0.2% fee, of which 0.17% is added to the liquidity pool of the swap pair they traded on.‌

For example:‌

• There are 10 FLIP tokens representing 10 FOXS and 10 BNB tokens.
• 1 FLIP token = 1 FOXS + 1 BNB
• Someone trades 10 FOXS for 10 BNB.
• Someone else trades 10 BNB for 10 FOXS.
• The FO/BNB liquidity pool now has 10.017 FOXS and 10.017 BNB.
• Each FLIP token is now worth 1.00017 FOXS + 1.00017 BNB.‌

To make being a liquidity provider even more worth your while, you can also put your FLIP tokens to work whipping up some fresh yield on the FOXS farms (here), while still earning your 0.17% trading fee reward.