Liquidity
Last updated
Last updated
A liquidity pool (LP) is a collection of funds locked in a smart contract. Meta Pool liquidity pool works for swapping:
stNEAR tokens to $NEAR
stAUR tokens to $AURORA
mpETH tokens to $ETH
LP tokens represent the user's share of the total amount of locked liquidity in several tokens (usually two tokens), in liquidity pool on the Meta Pool platform.
Being a liquidity provider in Meta Pool you will receive a % of the payed liquidity fees.
The liquidity provider gets reward every liquid-unstake operation. The APY is fully based on liquid-unstake fees.
Calm market, no operations => 0 fee, 0% APY; Active market => lot of fees, high APY.
Note: LP APY can be high if the LP pool is depleted, so you may see a similarly high commission up to 3%. Liquid unstake fee is 0,3%-1.5% are normal.
The liquidity fee is the commission that you pay to swap tokens when unstaking.
$stNEAR to $NEAR
$stAUR to $AURORA
$mpETH to $ETH
Meta Pool liquidity fee is in a range from:
$mpETH to $ETH: 0.3% to 5%
$stAUR to $AURORA: 2%
$stNEAR to $NEAR: from 0.3% to 3%
It varies linearly according to the quantity of liquidity available in Meta Pool liquidity pool (LP).
We take the LP price measure in NEAR/AURORA/ETH from 7 days ago, and the LP price now.
Divide /7 to get a day-to-day increase.
Multiply by 365 to annualize, compute the price in a year if the current trend is maintained.
Compute APY based on current price vs price in a year.
Anyone who provides $NEAR/$AURORA/$ETH tokens to Meta Pool for allowing liquid unstake be done.
Anyone can be a liquidity provider in Meta Pool, you just need to go to and go to Liquidity section and click to add liquidity.