Liquidity Providers

Fractit's AMM pool is seeded and maintained entirely by Liquidity Providers (LPs). There is no protocol-owned liquidity.


Who can be an LP

Any KYC-verified, whitelisted participant can become an LP by depositing equal values of DFMREIT tokens and USDC/CC into the AMM pool.


What LPs earn

LPs earn a share of the 0.25% trading fee collected on every swap that passes through the pool.

Fee earnings are distributed pro-rata to LPs according to their share of the pool at the time of each trade. There is no separate reward token — all LP returns are denominated in the pool assets and accumulated fees.


Adding liquidity

  1. Navigate to Markets → DFMREIT → Add Liquidity

  2. Enter the amount of USDC/CC you want to deposit

  3. The platform calculates the equivalent DFMREIT amount required to maintain the pool ratio

  4. Confirm — your LP position is recorded on-ledger immediately

You receive LP tokens representing your proportional share of the pool. These are used to track your share of accumulated fees and are required to withdraw.


Removing liquidity

  1. Navigate to Portfolio → LP Positions

  2. Select your DFMREIT/USDC pool position

  3. Enter the amount you wish to withdraw

  4. Confirm — DFMREIT and USDC/CC are returned to your wallet, including your share of accumulated fees

There is no lock-up period. Liquidity can be removed at any time.


Impermanent loss

As the AMM price of DFMREIT moves relative to USDC/CC, the pool automatically rebalances between the two assets to maintain the constant product. This means an LP's position changes composition over time — holding more of the asset that has fallen in relative price and less of the one that has risen.

The difference between holding LP tokens versus holding the two assets separately is called impermanent loss. It is called impermanent because if the price ratio returns to its original level, the loss disappears. However, if you remove liquidity at a different price ratio from when you entered, the loss is realised.

LP trading fees partially or fully offset impermanent loss depending on pool volume.


Risk summary

Risk
Description

Impermanent loss

Pool rebalancing causes composition drift relative to a static hold

Smart contract risk

Canton-native contracts may contain undiscovered vulnerabilities

Liquidity risk

In low-volume conditions, fee income may not offset impermanent loss

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