EOS token issuance and naming rules:
- The token name can be up to 7 letters
- Consist of 26 letters from a-z
- One contract can issue multiple tokens
Based on the above rules, the LP Tokens issuance and naming rules are as follows:
- The LP Tokens naming method is BOX + liquidity pool ID (the liquidity pool ID is displayed in decimal system to 26 system)
- Each LP token corresponds to a different liquidity pool
- Defibox LP tokens are all issued by the contract lptoken.defi(if you need to transfer it, please carefully identify the contract name)
- LP Tokens represents your liquidity share in the liquidity pool and is also the only proof to withdraw liquidity assets
- The ID of EOS+NDX liquidity pool is 1; then the name of LP token issued by this liquidity pool is BOXA;
- The ID of EOS+EIDOS liquidity pool is 27; then the name of LP token issued by this liquidity pool is BOXAA, and so on.
Defibox cannot judge the security of any third-party DeFi protocols, nor can it prevent the third-party DeFi protocol from launching application scenarios based on the Defibox LP Tokens. Therefore, it is strongly recommended that you decide whether to transfer LP Tokens after carefully identifying the security of the third-party DeFi protocol.