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Hey guys I have a question that might have an obvious answer but wanted to make sure.. How is the value of an LP token assigned? If im going to add liquidity and have 1 EGLD and the right amount of Mex to match the pool ratio would that be 1 LP token? Represented by the 1 underlying asset, EGLD in this case?
I noticed that if you put 1EGLD and same amount of ride or mex. You will get different ratio of lp. You would have 1000$ egldmex that would be 1LP and egldride would be 0.5LP for example. Its not same for everything. But i dont know how its calculated