CaviarNine - The Future of DeFi
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  • introduction
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  • audits
    • Order Book
    • Shape Liquidity
    • LSU Pool
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  • Products (FLOOP)
    • Aggregator
      • Aggregator Fees
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      • Overview
      • Placing a Limit Order
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      • Manifests
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      • Overview
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      • Adding Liquidity
      • Your Liquidity
      • Removing Liquidity
      • Understanding Active APY
      • How to Create a Pool
      • Starting Mid Price
      • Shape Liquidity Fees
    • LSU Pool
      • FAQs
      • Liquid Staking on Radix
      • LSU Pool Overview
      • Move Stake and Instant Unstake
      • Adding Liquidity
      • Removing Liquidity
      • Credit Receipt
      • Manifests
      • LSU Pool Fees
    • Simple Pools
      • Overview
      • Create a Pool
    • FEES
  • Ecosystem
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On this page
  • It is soulbound
  • It is burnable (by you)
  • Each wallet only needs 1 NFT
  • Its data is updated based on your activity
  1. Products (FLOOP)
  2. LSU Pool

Credit Receipt

This page is still under construction....

PreviousRemoving LiquidityNextManifests

Last updated 1 year ago

As described in the previous section, the LSU Pool uses a soulbound NFT credit receipt to keep track of liquidity added and removed.

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Possession of LSULP tokens and the credit receipt allows for zero fee removal of liquidity if there is sufficient LSU Pool liquidity of the desired LSU tokens.

Here's some more details about this NFT:

It is soulbound

This means it remains in your wallet, cannot be moved and is associated with you and your LSU Pool activity.

It is burnable (by you)

The NFT is burnable. Since it is soulbound and cannot be moved, it is only burnable by you in your wallet.

Each wallet only needs 1 NFT

If you add multiple different LSUs over time you don't get multiple credit receipts. Instead the data associated with the NFT is updated to include new LSU balances.

Its data is updated based on your activity

Similar to above, if you remove liquidity or later add liquidity, the NFT data is updated to reflect that.

explorer link