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Earn by Staking LLP

 

What is LLP?

LLP consists of an index of assets used for swaps and leverage trading. It can be minted using any index asset and burnt to redeem any index asset.

On Lif3 Trade, they found on two different chains with the following assets:

Fantom LLP:
  • $FTM
  • $ETH
  • $BTC
  • $BOO
  • $USDC 
BNB Chain LLP:
  • $BNB
  • $ETH
  • $BTC
  • $BUSD
  • $USDT

This platform allow users to be part of the liquidity that traders will use to leverage their positions and be rewarded for it. This mean users can supply their assets to the LLP and earn incentives as $FTM or $BNB (depending on the chain they are using Lif3 Trade) fees from the platform and $esLIF3 as an additional reward.

How to supply your assets to the LLP index:

1. Head to the Liquidity section of Lif3 Trade

2. Input the amount of the asset you want to supply, and make the necessary Approval transaction, if needed.

3. Press supply and confirm the transaction.

4. Voila! You are officially earning rewards with your assets being part of the LLP index.

5. You can check your rewards on the Earn tab at Lif3 Trade

 

If you are a visual learner feel free to learn about this topic using the tutorial below:

 

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