Im looking into providing liquidity on Pancake Swap for OBOT

Question

Im looking into providing liquidity on Pancake Swap for OBOT

token because OBOT / Obortech is new on Pancake and BSC, im thinking it could provide good rewards.
My question is though I see on the CMC profile shows it paired with USDT on Pancake but I would think it would also be paired with WBNB on Pancake too right because WBNB would be a lower gas fee transaction pair than USDT right? Could I provide liquidity for either pair?

#cake #cryptocurrency #de-fi #english

0

03.06.2022

3 ответов

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Combot

When you provide liquidity That liquidity is used for AMM to people can swap those tokens in DEX. When that pair is swapped an LP fee + txn fee is paid. Txn fee goes to blockchain validators LP fee goes to LP providers 0.17% for liquidity providers , 0.03% for treasury LP fee is shared among providers based on their pool share (think like power on amount ) And LP fee shares are added automatically to the LP bags of LP providers Also if you stake your LP tokens to related farm, you will earn cake rewards.

0

03.06.2022

Matthew9900 (OFFGANG) Автор вопроса

Combot
When you provide liquidity That liquidity is used...

Ok, I think I understand that. But what I was wondering is if I can provide liquidity for OBOT & WBNB pair or just for OBOT & USDT pair since just the USDT pair is the one listed on the OBOT CMC profile? Does it matter?

0

03.06.2022

Ceddi || Cake Midas · Accepted Answer

Ceddi || Cake Midas

!lpfees

0

03.06.2022

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Im looking into providing liquidity on Pancake Swap for OBOT

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