💰How to provide liquidity
Everyone can become a liquidity provider of Sudo.
Sudo enables trading with Liquidity Pools funded by SLP (Sudo Liquidity Provider) token. SLP is a certificate of a user's stake in our liquidity pool. A user can mint SLP with native tokens supported by Sudo (SUI, USDC, USDT). SLP will initially have the value of $1 per token.
SLP holders will share the protocol profit earned from trading fees. The more people trade on Sudo, the more profits will SLP holders earn. SLP holders can redeem them into Sudo-supported native tokens at any time.
SLP price will fluctuate with the underlying token prices, trader profits and losses and protocol fees.
Visit https://app.sudo.finance/pool to mint or redeem SLP.
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