FLP token

Paticipate in liquidity provision, by depositing funds to the FLP vault

Fermi Liquidity Provider (FLP) is a automated market making bot, that provides liquidity to high volume pairs, and maintains tight spreads for users. It is also the fallback market maker when external MMs back out (due to volatility etc.), ensuring consistent liquidity on the platform.

Users can deposit their capital in the FLP vault, to earn passive yield from the market making activity. Funds deposited in the vault can also be used as margin to trade (upto 90% of NAV). This provides a low opportunity cost way to place limit orders, while earning yeild on your collateral assets. You can even continue to earn yield once your position is open - potentially offsetting some or all of the funding rate being paid.

Historical performance of the FLP token is shown below. Note that while aiming to minimize volatility in its portfolio, the value of FLP is not guarenteed to rise, and may fall during times of heightened volatility or adverse selection.