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Liquidity Pools

Liquidity pools provide liquidities for token swaps. When you add your tokens to a liquidity pool, you will receive the corresponding Liquidity Pool (LP) tokens.
Take an example of the SERVE-USDC pool, you receive the SERVE-USDC LP tokens once you deposit SERVE and USDC into the pool. The number of LP tokens represents your position in the pool which determines the percentage of rewards you receive in the form of trading fees. You can redeem your funds at any time by removing the liquidity.
To receive more rewards, you can put your LP tokens in the farming pools to earn Yield Farms in addition to the trading free reward.
The liquidity pools can be managed through either ServeSwap, or PancakeSwap. They share the same pools.