$LLP Pool

Earn through LuckyStar Liquidity Pool.

$LLP (LuckyStar Liquidity Provider Token) is the decentralized “House” for betting. It functions as the "House", and anyone can be a part of it by holding $LLP tokens. $LLP holders provide liquidity to the gaming pool and profit from the losses of the gamers and vice versa. Currently, $LLP can only be minted using $SUI and redeemed for $SUI. The initial minting and redemption price is 1:1 with $SUI, and the value is adjusted dynamically based on the counterparty's profits and losses.

Benefits of Joining the $LLP Pool

• Earn $SUI: 30% of the protocol profits are distributed to LLP holders.

• Increase in $LLP price because of the "house edge": a 2% house edge adds additional value to $LLP tokens.

• Earn $esLUCK rewards: Stake $LLP tokens to earn $esLUCK rewards.

Buy $LLP

To buy $LLP tokens, click "Buy" in the $LLP module on the Earn page and enter the desired amount. A 1% protocol tax will be deducted on the purchase amount, and the purchased $LLP tokens will be staked automatically.

Sell $LLP

By selling $LLP tokens, click "Sell" in the $LLP module on the Earn page and enter the desired amount. A 1% protocol tax will also be deducted on the redemption amount.

Potential Risks Involved

Although attempts are made to mitigate risk through testing and auditing, caution should always be exercised when interacting with any smart contract or blockchain application.

Counterparty risk: The $LLP pool is the counterparty of gamers, and the value of $LLP tokens may temporarily decrease due to gamers' wins.