# Frequently Asked Questions

## What is $LICO?

$LICO is Liquid Collectibles' native currency.

It's a BEP-20 governance token that's also used to incentivize liquidity.

Token address: 0x4F3266a56589357B4f8082918b14B923693e57f0

LICO is also Liquid Collectibles' short name 😎

For more information about the $LICO token [***check this***](https://docs.liquidcollectibles.io/tokenomics/the-lico-token).

## How do I buy $LICO or NFTi tokens?

You can buy $LICO and NFTi tokens on [**apeswap.finance**](https://apeswap.finance/swap). If you want to buy NFT indexes, then make sure to click "manage", then activate the LICO index list to see all our index tokens.

## What is the slippage for $LICO and $NFTi tokens?

You don't need to set a specific slippage for trading NFTi and $LICO. However, make sure slippage is not much higher than 0.5% so that you won't be worrying about front-run bots.

## What is the emission rate for $LICO and $LIMOi?

If you want to learn more about tokenomics of $LICO and $LIMOi, please follow these links:

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td></td><td><strong>The $LICO Token</strong></td><td></td><td><a href="../../tokenomics/the-lico-token">the-lico-token</a></td></tr><tr><td></td><td><strong>The $LIMOi Token</strong></td><td></td><td><a href="../../tokenomics/the-limo-token">the-limo-token</a></td></tr></tbody></table>

## Are you audited?

Yes, we were audited by HashEx. If you want to read the audit, follow the link below.

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td></td><td><strong>Audit</strong> </td><td></td><td><a href="../../ecosystem/audit">audit</a></td></tr></tbody></table>

## Does Liquid Collectibles charge any fees?

Fees are an important part of tokenomics and are essential to the success of the platform. These are the fees we charge:

5% Tokenizing fee\
4% Yield deposit fee (Non-core yields only)\
5% Target collect fee

## Where can I check $LICO and $LIMOi prices?

$LICO | [Bogged Finance](https://charts.bogged.finance/0x4F3266a56589357B4f8082918b14B923693e57f0) and [Poocoin](https://poocoin.app/tokens/0x4f3266a56589357b4f8082918b14b923693e57f0)

$LIMOi | [Bogged Finance](https://charts.bogged.finance/?c=bsc\&t=0x79534DedaE71b7b672Fc997b4a77748AE5fdF5AD) and [Poocoin](https://poocoin.app/tokens/0x79534dedae71b7b672fc997b4a77748ae5fdf5ad)

## Where can I find info about tokenomics?

You can follow the links below to find about our tokenomics.

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td></td><td><strong>The $LICO Token</strong></td><td></td><td><a href="../../tokenomics/the-lico-token">the-lico-token</a></td></tr><tr><td></td><td><strong>The $LIMOi Token</strong></td><td></td><td><a href="../../tokenomics/the-limo-token">the-limo-token</a></td></tr><tr><td></td><td><strong>NFTi Tokens</strong></td><td></td><td><a href="../../tokenomics/nfti-tokens">nfti-tokens</a></td></tr></tbody></table>

## Can I get rewards for using Liquid Collectibles?

Yes. To incentivize more liquidity, we use the platform fees to reward anyone staking LP on our website with NFTi; we also reward users with $LICO tokens. E.g., Imagine you get some $NFAi (Non-Fungible Apes NFT index) build LP tokens, and you stake them in our yield section; by doing so, you'll be getting rewards in every block in the form of $NFAi and $LICO tokens 🤤

## What's the difference between stake and yield?

Staking: Single asset staking, you don't need to add liquidity in order to deposit your tokens on the [***Staking***](https://liquidcollectibles.io/stake) page.

Yielding: In order to yield you need to first provide liquidity and then deposit your LP tokens on the [***Yields***](https://liquidcollectibles.io/yield) page.

## How can I stake?

Clicking the card below, you will find our tutorial to stake on Liquid Collectibles.

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td></td><td><strong>Staking Tutorial</strong></td><td></td><td><a href="../../tutorials/staking">staking</a></td></tr></tbody></table>

## How can I yield?

Clicking the card below, you will find our tutorial to yield farm on Liquid Collectibles.

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td></td><td><strong>Yielding Tutorial</strong></td><td></td><td><a href="../../tutorials/yielding">yielding</a></td></tr></tbody></table>

## Can I earn NFTs by staking $LICO?

You cannot earn NFTs directly by staking $LICO. However, you can get NFTi tokens, and once you get 105 of these NFTi tokens, you can buy an NFT with them.

## When will you add more staking pools?

Since each pool is linked to a collection, new ones are usually added when listings take place. Join us on Telegram ([***Main group***](https://t.me/liquidcollectibles) / [***News channel***](https://t.me/LiquidCollectiblesNews)) and follow us on [***Twitter***](https://twitter.com/LiqCollectibles) to be among the first ones to know.

## What's the price of minting a Liquid Monster?

Liquid Monsters are all minted, still, you can get a Liquid Monster at [liquidcollectibles.io](htps://liquidcollectibles.io/collections) for 105 $LIMOi or the equivalent in $BNB.

## How can I tokenize my NFT?

Clicking the card below, you will find our tutorial to tokenize your NFT on Liquid Collectibles.

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td></td><td><strong>Tokenizing Tutorial</strong></td><td></td><td><a href="../../tutorials/tokenizing">tokenizing</a></td></tr></tbody></table>

You can also check *our deeper article about tokenizing* [***here***](https://liquidcollectibles.medium.com/nfts-to-liquid-assets-4605bebc4e44).

## Where can I follow the announcements?

You can follow our Twitter account and join our Telegram announcement channel to stay up to date with the latest LiquidCollectibles news!&#x20;

Check out our twitter at [***https://twitter.com/liqcollectibles***](https://twitter.com/liqcollectibles) \
Join our Telegram announcement channel [***https://t.me/liquidcollectiblesnews***](https://t.me/liquidcollectiblesnews)
