What is the name of the certificate received in return for providing liquidity to a liquidity pool on a DEX?

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To begin a quiz, open the OverWallet app, select the “Missions” tab, and select “Daily quiz”.

In this guide, you’ll learn the answer to “What is the name of the certificate received in return for providing liquidity to a liquidity pool on a DEX?” in OverWallet.

What is the name of the certificate received in return for providing liquidity to a liquidity pool on a DEX?

Question: What is the name of the certificate received in return for providing liquidity to a liquidity pool on a DEX?

Answer: LP Token.

Further reading

What do we call the entity that provides liquidity to the liquidity pool on a DEX?

What do we call the token trading pairs that DEX creates for AMM?

What is the ordering method used in DEX instead of the order book called?

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