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  • Use Case
  • Mint LP3
  1. Tokenomics

LP3

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Last updated 9 months ago

Use Case

LP3 is a resilient, cross-chain liquidity vault that works with key dApps across many L1 and L2 networks. As a L3X-native universal vault solution, LP3 sets a new standard for liquidity provisioning and packages DeFi's strongest assets into a single yield-bearing token.

Day 1 use case of the LP3 Vault includes acting as a counterparty of traders on the DEX. This opportunity allows traders to take leveraged positions, where losses benefit LP3 holders and trader profits may lead to losses for LP3 holders. For taking this risk, LP3 earns up to 80% of all DEX fees.

Mint LP3

Pre-launch opportunities allow users to stake a variety of stablecoins, ETH assets, and LRTs in order to begin earning L3X points. After the initial phase has elapsed, we will enable bridging and minting of the LP3 token. To mint LP3, you can stake any of the following assets:

Check back soon for full details.