# Liquid Staking of $MLP

In liquid staking, users who have staked – or locked – their tokens for some use are issued new tokens with an equivalent value. The new tokens represent ownership of the underlying ones, are fully transferable and can be unwrapped to reclaim the staked assets. When users deposit approved assets into MadMeX, they are given $MLP, which will generate yields through trading fees conducted on the MadMeX platform.

In the meantime, MLP can be used to further generate yield on farms available on <https://polymm.finance/farms> (Polygon) and <https://cronosmm.finance/farmsv2> (Cronos)\
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You can stake your MLP and MLP/USDC LP to earn more rewards in the form of MMF.

<figure><img src="/files/AzKgQB8WicwnFxVTd1Rb" alt=""><figcaption></figcaption></figure>

To create MLP/USDC LP, you would need both MLP and USDC in equal amounts (in USD) and simply head over to [PolyMM.Finance](https://polymm.finance/) and click on the [liquidity tab](https://polymm.finance/liquidity) or you can use this link generated below for your convenience.\
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<https://polymm.finance/add/0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174/0x0d5665A2319526A117E68E38EBEA4610aA8298F8>

<figure><img src="/files/ob0kB2Hn48HsJiEewwab" alt=""><figcaption></figcaption></figure>


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