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My Liquidity Partner is a rewards token that utilizes liquidity pools. What is a liquidity provider? A liquidity provider is an agent who provides capital, in the form of crypto assets such as ETH, USDC, and BTC, for a liquidity pool they own to facilitate trading. What is a Liquidity Pool? A Liquidity Pool is a collection of cryptocurrency coins used to collect fees from trades. These pools are locked in and secured in unique smart contracts, which are used to facilitate trades on decentralized exchanges (DEXs). Instead of traditional markets, decentralized finance (DeFi) platforms use automated market makers (AMMs) and liquidity pools to enable automatic and permissionless trading of digital assets. Trades on the Uniswap platform are executed between USDC and ETH. Whenever these trades occur, transaction fees are collected, and liquidity providers earn a percentage of these fees as passive asset growth based on their pool contribution. Liquidity Partners receive a weekly partnership fee starting at 0.75% on their Ethereum (ETH), Bitcoin (BTC), Shiba (SHIB), Ape Coin (APE), and USDC (*Limited time offer & other promotional offers may apply). Partners can choose to receive weekly payouts or opt for the Hyper-Compounding option. My Liquidity Partners also operates a BTC pool with a minimum deposit of 1 BTC. Each partner must complete a full KYC approval prior to contribution, with no lock-in period. Liquidity Partners can earn up to 2.5% per week on their initial contribution, based on the value of their funds in the pool. My Liquidity Partner mitigates risk through matched coin allocation, and all permanent risk associated with pool management is absorbed within the platform. The Total Value Locked (TVL) is $350M and steadily increasing. The 24H trading volume is currently over $50M and steadily growing. This creates an opportunity to collect $400K worth of fees within one pool. Instead of receiving the weekly 2.5% payout as USDC, partners can choose to re-stake their commission, which means using the weekly payout to purchase more assets and increase the overall asset count in the pool. My Liquidity Partner's pool is set up to hyper compound, with returns of 117% APR and 218% APY. Partners also receive an MLP Token as a loyalty reward for their participation. The MLP token allows non-participating individuals to join the pool and earn rewards while having access to immediate liquidity. Token holders can donate their tokens to the Ruby Family Foundation, a transparent blockchain-based foundation that allocates 100% of the funds towards global outreach programs for children and mothers. By donating reward tokens to the Foundation, partners directly contribute to its mission efforts.
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- Can you explain in detail how MLP trading works in the cryptocurrency market? What are the key features and benefits of MLP trading? How does it differ from other trading strategies in the cryptocurrency market?2021-11-28
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- Can you provide a list of MLP companies that offer investment opportunities in cryptocurrencies? I'm interested in finding out which MLP companies are involved in the cryptocurrency market and offer investment options for individuals. It would be great if you could also provide some information on the types of cryptocurrencies they are involved with and any potential risks or benefits associated with investing in these companies.2021-11-28
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