> For the complete documentation index, see [llms.txt](https://docs.betbase.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.betbase.xyz/sportsbook-legacy/liquidity.md).

# Liquidity

Any participant can provide liquidity to the protocol and will receive BetBase Liquidity Token (BLT) in return. BLT's value will fluctuate depending on the pools performance.

BLT holders provides liquidity for bettors and will make a profit when bettors lose and vice versa.\
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When buying BLT, one is taking a position against individual bettors. Buying BLT does not offer a risk free return.

BLT can be bought or sold for USDC in the "Financials" tab.

<figure><img src="/files/lxjmGrAXTneC3XyygoRZ" alt=""><figcaption></figcaption></figure>

To trade BLT click “Buy” or “Sell”.

<figure><img src="/files/HTxe2MEOHVV0H59WLTI1" alt=""><figcaption><p>When hovering the "Fees may apply caption" current swap fee can be noted</p></figcaption></figure>

**\*\*BetBase is a permissionless and decentralized platform running immutably onchain in smart contracts. No single entity is able to offer refunds in case of bugs or loss of funds. Please exercise caution\*\***

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