LP & Nitro Implementation Protocols
Last updated
Last updated
DonutSwap offers an open-access protocol, allowing anyone to contribute liquidity and establish their own Nitro Pool to incentivize liquidity provision. This feature is particularly beneficial for emerging projects seeking tools to boost their liquidity rewards.
The flexibility of Nitro pools allows them to accommodate LP tokens or single assets, catering to various use cases.
Through this system, protocols can enhance returns on their distributions, while communities gain incentives for long-term liquidity provision.
For instance, a protocol on DonutSwap might create a Nitro pool that rewards users who have locked in their deposits for three months or have contributed a specified amount. However, the conditions like lock duration and other requirements are flexible, depending entirely on the pool creator's discretion.