PolyDEX is deccentralised exchange where liquidity plays vital role in facilitating efficient and more price accurate token swaps. PolyDEX has a migration feature where existing liquidity providers on existing DEXes can migrate the liquidity easily and participate in yield farming easily.
How Migration Works?
The process takes the LP tokens from other DEXes into the contract. Contract takes care of converting these LP tokens into PolyDEX-LP tokens for the same pair. Once PolyDEX-LP tokens are created, they are automatically staked in the respective farm for the pair. Thats it!
Lets say that we have LP tokens i.e we have provided liquidity for Sushiswap's ETH-AAVE.