Pool

Liquidity pools are place to pool tokens so that users can use them to make trades. These pools are created by users who want to profit from their usage. To pool liquidity, the amounts a user supplies must be equally divided between two coins with one of them usually being KCS or a stable coin. When providing liquidity the user will receive KoffeeMug tokens which represent their share of the liquidity pool. Every time another user uses the pool to trade between the two pooled tokens, a 0.3% fee is taken on the trade. 0.25% of that trade goes back to the LP pool. The value of the KoffeeMug tokens, which represent the shares of the total liquidity each pool, is updated with each trade to add their value relative to the tokens the pool uses to trade.