MOOX (V2) Whitepaper
LP Token Staking
To encourage community to add more liquidity, Moox developed a liquidity proxy contracts, which stands between user and Pancakeswap liquidity pool for tax free liquidity providing.
Liquidity page interacts with these contracts and serves a whole liquidity management to users.
If all the LP tokens in a wallet are staked, nothing will be listed here.
This is the page where tax free liquidity adding for MOOX-BNB pair can only be done.
It interacts with liquidity proxy contract. So, MOOX token transfer approval is required for adding liquidity the first time.
Adding liquidity on Pancakeswap will cause tax deduction.
After approval of transferring LP tokens, by clicking Remove button on the liquidity listed in the liquidity position page, desired amount of liquidity can be removed.
As the liquidity is removed, LP tokens are burned and the amount for instant ratio of MOOX token and BUSD are sent to the wallet.
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