What Exactly Is The Liquidity Pool?
- trade.io’s Liquidity Pool (LP) is a lending facility. Participants will use their Trade Token X (“TIOx”) as an access key to enter the Liquidity Pool (“LP”). After the LP has been launched on October 9th, 2018, the participants can loan their TIOx to the LP.
- In return for the TIOx that are contributed to the LP, trade.io will pay back interest to reward these users for their participation. Participants will receive their original principle of TIO back once they choose to exit the LP.
- Interest is paid in any cryptocurrency that trade.io has excess in after utilizing the loaned TIOx for that day. This means your interest could be remunerated in BTC, ETH, TIOx, or any other cryptocurrencies at trade.io’s discretion.