Removing Liquidity
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Liquidity providers can burn their FLYP-LP tokens at any time to withdraw their proportional share of ETH and LP tokens from the pools. The formulae for ETH and LP withdrawals are as follows :
ETH and LP tokens are withdrawn at the current exchange rate (reserve ratio), not the ratio of their original investment. This means that some value may be lost due to market fluctuations and arbitrage.
The fees taken during trades are added to total liquidity pools without minting new liquidity tokens. Because of this, ETHWithdrawn and LPWithdrawn include a proportional share of all fees collected from the time that the liquidity was first added.
