Protocol Owned DEX Liquidity (Coming Soon)

The protocol is using 25% of its WCFX borrowing fee to buy LP tokens from the users. All purchased GOL/WCFX LP tokens are owned by the Goledo protocol and locked forever. This ensures more stable liquidity and reduces the available GOL tokens.

With the Protocol Owned Dex Liquidity function, users could exit their LP positions by directly selling the positions to the protocol. To incentivize users, Goledo is offering 10% premium on GOL/WCFX price such that 100 dollars worth of LP could sell for 110 dollars worth WCFX.

Please note that the amount of WCFX users can swap depends on the amount of user's locked GOL and available WCFX available in the treasury.

Last updated