> For the complete documentation index, see [llms.txt](https://skol.gitbook.io/skol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://skol.gitbook.io/skol/the-lp-system.md).

# The LP System 

- [The Four Pillars](https://skol.gitbook.io/skol/the-lp-system/the-four-pillars.md): Four Pillars that make SKOL Unique
- [Arb Bots](https://skol.gitbook.io/skol/the-lp-system/arb-bots.md): How Arbitrage Bots Work in Skol's Multi-Chain Multi-Pool Liquidity System
- [Impermanent Loss](https://skol.gitbook.io/skol/the-lp-system/impermanent-loss.md): What is Impermanent Loss?
- [Burned LP](https://skol.gitbook.io/skol/the-lp-system/burned-lp.md): What Is Burned Liquidity in Skol’s LP System?
- [Liquidity Pool Pairs](https://skol.gitbook.io/skol/the-lp-system/liquidity-pool-pairs.md): SKOL Liquidity Pool Pairs