NFT LP Tokens

Once you provide liquidity on TONCO, you’ll receive an NFT LP instead of traditional LP tokens.

Because a liquidity position can be opened at any price range, including both in range and out of range positions, each position has a unique ID and is represented by a unique NFT.

This NFT acts as a smart contract that contains all the data and accumulated fees associated with your liquidity position. There’s no need to stake this NFT in order to participate in V3 Farms.

As the owner of the NFT, you have full control over your position, allowing you to modify or burn (remove liquidity) it at any time. These NFTs are fully tradable, and any earned fees can be claimed by the holder whenever they choose.

An NFT contains key details about your LP position, including the price range, pool address, and token addresses associated with the pool. If an NFT is lost, or sold, the liquidity it represents will also be lost!

NFTs for position at USDT/TON pool on TONCO: https://getgems.io/collection/EQD25vStEwc-h1QT1qlsYPQwqU5IiOhox5II0C_xsDNpMVo7

You can view your NFT in any blockchain explorer, marketplace, wallet or directly within the TONCO platform. The NFT description provides key details about your liquidity position, including the pair symbols, and the minimum and maximum price ranges set by the liquidity provider.