VyFinance
LINKS
  • 🏠Welcome
  • 📱Contact Us
  • ❓Getting Started
    • Connecting Your Wallet
      • Connecting Eternl Wallet
      • Connecting NAMI Wallet
      • Connecting GeroWallet
    • Getting Cardano Tokens
  • 🆘Support
    • Common Errors
      • No Collateral
      • Wallet Fracked
      • An unexpected error has occurred
      • Error 400
      • Dapp account not connected
    • Common issues with staking
      • Tokens / NFT left wallet but cannot see tokens / NFT staked on platform
      • Cannot read properties of null
    • Common issues with harvesting
      • Cant see tokens / NFT that was staked
      • Dust transaction has left the wallet but nothing has happened
      • Wallet could not send the TX when trying to send dust
      • Cannot read properties of null
    • Support Links
  • 👨‍💼Team
  • IMPORTANT
    • 🗄️Tokenomics
    • 💱VyFi Token Swap Instructions
    • 🗺️Road Map
    • 📔Public Testnet
      • Guidelines for bug reports
      • Cardano Faucet
      • Set up your wallet on Pre-Prod Environment (ETERNL)
      • Set up your wallet on Pre-Prod Environment (NAMI)
  • PRODUCTS
    • ♻️BAR
      • Deposit VYFI to BAR
      • Withdraw VYFI from BAR
      • Serve the BAR
        • Embedded Liquidity Pools (ELPs)
        • Liquidity Pools Principal Token
        • The Serve Operation
        • An example of ELP’s in Action
    • 💱DEx
      • How to Add Liquidity
      • How to Zap
      • How to Remove Liquidity
      • How to Farm
      • How to Trade
      • On Order / Cancel Order
      • Slippage
      • Layer 2 Liquidity Pools
      • Risks and Impermanence
      • Farming Set Adjustments
    • 🧑‍🌾Farms
    • 🔐Vaults
      • Token/LP Token Staking Vaults
        • Staking Tokens/LP Tokens
        • Harvesting from the Token Vault
      • NFT Vaults
        • Staking NFTs
        • Harvesting from the Vault
    • 🔁Safe Swap
      • Private Swap
      • Public Swap
      • Claims
      • Fee Distribution
      • Bulk Import
    • 🎰Lottery
      • How to Buy Tickets
      • How to Claim Lottery Rewards
      • FAQ
    • 🗳️Governance
      • Guide
Powered by GitBook
On this page
  1. PRODUCTS
  2. BAR
  3. Serve the BAR

Embedded Liquidity Pools (ELPs)

The Bar is built into every single liquidity pool that is on our dApp. It sits inside any trading pairs liquidity pool as an Embedded Liquidity Pool (ELP). These ELPs’ collect the 0.1% that has been generated from every swap, and perform a transaction which sends these fees towards the Bar upon executing the ‘Serve’ operation.

The fees collected in the ELPs’ are in both currencies. Upon creation of any trading pair that isn’t linked to ADA, the creator determines which token will be the Principal Token (PT) of the liquidity pool. Upon execution of the ‘Serve’ operation, the ELP will convert all fee’s into the PT, and send these fee’s forward to the closest ADA linked pair.

PreviousServe the BARNextLiquidity Pools Principal Token

Last updated 2 years ago

♻️