> For the complete documentation index, see [llms.txt](https://whitepaper.rank.trading/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.rank.trading/rank-token-and-governance/ran-token-details/token-swap.md).

# Token Swap

Users are given the opportunity to stake liquidity into RAN swap pools in return for a percentage of the  swap fees. This is done by simply staking both tokens into the respective liquidity pool in return for an  LP token. LP tokens represent a user’s proportional share of the liquidity pool. For every swap, a  0.25% fee will be deducted from each transaction and distributed as follows:&#x20;

* 0.17% allocated to liquidity providers&#x20;
* 0.08% allocated to the Rank platform&#x20;

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdukusCgOBcgTvzMfz3E8x_AJ5Zpc3-CpjzOgcFI6Tjn_N6rjmH1qVXoKRdXGWtHpEjJNmSbYtDbHnzzwAY_F87ycpY1W-peJt-kpT6B4nR87ZJ1HeXLk43z9s2hYSr-gnJob4GbtXAYW5bRKury8-a6DAo?key=Jm-GCny7ZKi5W-N-LzqWRA" alt=""><figcaption></figcaption></figure>


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