Skip to main content
PT/STRIP liquidity providers deepen the market between principal claims and STRIP. The incentivized path runs through the PoolWrapper, which issues sWLP, the fungible, stakeable LP token. Only wrapper liquidity earns STRIP emissions and boost.

​
Provide canonical liquidity

1

Hold both sides

You’ll deposit PT and STRIP proportional to the current pool ratio. The pool is weighted 90/10 in favor of PT. See PT/STRIP Liquidity.
2

Deposit through the PoolWrapper

In the app’s liquidity view, enter your deposit. The wrapper takes both tokens at the prevailing ratio and mints sWLP representing your share of the canonical LP position.
3

Stake your sWLP

Stake sWLP in the LP staking pool to earn STRIP emissions and become eligible for Lockless Boost. Unstaked sWLP still represents your LP share and earns the LP portion of swap fees, but it does not earn emissions.

​
What LP positions earn

IncomeSourceRequirement
LP share of swap fees10% of the 0.3% fee, accruing in pool reservesHold the LP position
STRIP emissions + boostEmission scheduleStake sWLP
stSTRIP fee flow70% of the feeStake earned STRIP into stSTRIP

​
Exit

Unstake your sWLP (this resets boost to 1x) and redeem it through the wrapper. sWLP redeems back into PT and STRIP at the prevailing pool ratio.

​
Direct LPs

You can provide liquidity to the underlying Uniswap v4 pool directly, at any weighting you choose. Direct LPs earn their share of pool fees like any other LP, but receive no sWLP, no emissions, and no boost. If you want the incentivized path, use the wrapper.
LP positions carry two-sided market exposure, including impermanent loss. Read Risks before providing liquidity.