LP tokens in DeXe Investment are a bit different from the LP tokens you’re used to hearing about in the past few years, but not by that much. Classic LP In classic DeFi, LP stands for Liquidity Provider tokens, usually referring to a token representing a specific pair on an AMM such as ETH-USDC or DEXE-BUSD. Depending on the AMM, the liquidity provider adds the tokens 50–50 or in some other proportion and receives a number of LP tokens proportionate to his share of the liquidity pool. …