For liquidity providers

Dekant's CFAMM doesn't need an order book; it needs liquidity. LPs deposit collateral, earn a share of trade fees, and can withdraw any time before resolution.

The deal

Deposit USDC into a market. The protocol scales all reserves up proportionally and mints you LP shares.
Earn 50% of every trade fee paid into that market for as long as you hold the shares.
Withdraw any time before the market resolves by burning your LP shares. You get your share of the current reserves plus accumulated fees.

What you're actually warehousing

Because Dekant uses an L2-norm constant-function AMM with the invariant Sum(x[i]^2) = k², your liquidity sits across all outcomes simultaneously. You're not picking sides; you're absorbing whatever direction trades come from.

This means:

You earn fees regardless of how the market resolves. Trade volume, not directional outcome, determines your return.
You take on impermanent-loss-like exposure if the implied probabilities at resolution are very different from when you deposited. The CFAMM smooths this, but the underlying exposure is real.
Resolved markets close out cleanly. If you're still in the pool when the market resolves, your remaining LP shares redeem against the final reserves automatically.

When to add vs. withdraw

You should add liquidity when	You should withdraw when
Market is active with healthy volume	Market is approaching resolution and you'd rather lock in fees
You want passive exposure to trade flow	Implied probabilities have moved sharply against your initial entry
You've been an LP before and understand the fee/IL trade-off	You need the capital elsewhere

What you don't get

No vote on resolution. Oracles are role-gated; LPs are not oracles.
No fee changes. The fee schedule is set by the superadmin and the same for everyone.
No directional position. If you want to bet a specific outcome, that's a trade, not LP.

If you want a directional view and fee income, you can hold an LP position and a directional trade independently.