Liquidity Provider Staking

LP Staking

Another unique component of SMC ecosystem LP token staking.

With liquidity proxy contract, community members are encouraged to take active role on price stabilization and market making without any tax deduction.

The first benefit of liquidity providing is sharing a fee of 0.17% on each trade on Pancakeswap.

This is a very small award with respect to the contribution done for the price stabilization.

In SMC ecosystem a remarkable amount of buy and sell fees are go to LP token staking awards. This will bring a high demand for adding more liquidity in the community.

Below table shows the fee taken for LP token stake award for each phase of Long-term Interest Cycle.

DurationBuySell

1st year

1%

1%

1st year - 3rd year

0.5%

0.5%

So, LP token staking awards will not be fixed, depend on trading volume.

The more SMC token is traded, the more LP token staking awards are.

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