LP tokens represent a liquidity provider’s share of a pool. For example, if you contribute $10 USD worth of assets to a liquidity pool that has a total worth of $100, you would receive 10% of that pool’s LP tokens. You receive 10% of the LP tokens because you own 10% of the crypto liquidity pool. The LP tokens become your claim to your share of the pool’s assets. Holding these LP tokens gives you total control over when you withdraw your share of the pool without interference from anyone — even the FlatQube platform.