Pair Deposit(v2)

Pair deposit is a deposit method where two assets are deposited into a pair pool, and in return, interest income can be obtained. By depositing assets into a pair pool on the BSC network, users can receive UNX rewards based on the UNX daily distribution, their stake within the pool.

Liquidity Provision and LP Token Supply

Users can deposit their assets into pools of their preference, and we refer to these ecosystem participants as Liquidity Providers (LPs). By providing liquidity to a pool, LPs receive LP tokens as evidence, and the number of LP tokens received represents their share (%) of the total pool. When withdrawing all assets from a pool, LP tokens are automatically returned, and users can receive the following rewards from the pool through LP token proof during the asset deposit period.

UNX Distribution Reward

When users supply liquidity to the UNX reward pool, they can receive UNX mining rewards based on their LP share (%) in the pool and the STARTER option.

Transaction Fee Reward

When users supply liquidity to a regular pool, they can receive transaction fee rewards based on their LP share (%) in the pool. Transaction fees are accumulated in the pool, and upon withdrawal, the total withdrawal amount includes the transaction fee reward, which is processed according to the exchange rate at the time of withdrawal.

Impermanent Loss

Users can deposit two types (pairs) of assets into Unchain X to earn UNX profits, trading fee profits, and potential airdrop profits.

According to the comparison example, impermanent loss can occur.

If the current market price of the assets deposited by the user significantly increases or decreases compared to the price at the time of deposit, there is a possibility of an evaluation difference at that time that the actual expected profit, which could have been held without depositing the assets, could have. This loss occurs when the user withdraws assets from the pool, but there is no actual loss if the price difference of the assets in the deposit state before withdrawal is recovered as the price of the dice to be deposited in the pool. Additionally, there is a total profit. Verify the expected results considering both the UNX distributor and the trading fee distribution profit.

Last updated