> For the complete documentation index, see [llms.txt](https://phemex.gitbook.io/phemex-web3-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://phemex.gitbook.io/phemex-web3-whitepaper/incentives/liquidity-provider-rewards.md).

# Liquidity Provider Rewards

12.5% of total token supply, or 125 million tokens will be distributed as incentive rewards for liquidity providers. 

### Coming Soon