There are currently multiple Solo
#LPX pools being tested by a group of beta testers. Some of them have chosen to deploy $PRVX into Solo LPX pools.
The image shows some recent LPX market activity on the ProveX token.
LPX acts as a market maker, selling into strength and accumulating anchor tokens, then using those anchor tokens to rebuy the fund token on dips.
During this process LPX is also capturing arbitrage inefficiencies that would normally be extracted from passive liquidity pools, securing that value for the liquidity provider instead.
Unlike traditional AMM liquidity that sits continuously exposed, LPX liquidity is productive and conditional, executing only when parameters and profitability thresholds are met. This eliminates exposure to MEV and arbitrage extraction.
There is currently a $PRVX loading phase pool on the LPX frontend that anyone can join:
LPX.PlusX.app
The pool currently holds ~263M $PRVX and will begin market making on March 17th at ~12PM Eastern.
When combined with the $PRVX already deployed across private SOLO LPX pools, there is currently over 1.2B $PRVX inside LPX pools.
If you want to learn how LPX works or how to earn
#yield on idle tokens, join our Telegram:
TG.PlusX.app