> For the complete documentation index, see [llms.txt](https://rollx-docs.gitbook.io/rollx/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://rollx-docs.gitbook.io/rollx/rlp-pool.md).

# ⛲️ RLP Pool

RLP, the liquidity provider token of RollX, is backed by a pool of assets. Users have the opportunity to participate as liquidity providers by acquiring RLP using specified assets. The RLP pool serves as a direct counterparty to on-chain perpetual traders on V1.

RLP Pool:

Initially priced at USD$1, the value of RLP is influenced by the performance of the pool, including profits or losses, as well as income generated from trading fees, funding fees, and liquidations. Users who mint RLP benefit from platform fees, which contribute to the net asset value of RLP. Additionally, users can stake RLP to earn rewards points. Stay tuned for further updates!

Note: Following the purchase of RLP, users are unable to transfer it to other wallet addresses. Presently, only selling, staking, and redeem functions are supported.


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