# Protocol Overview

## Participants

![](https://1563666604-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FExVtY885R6zefiJOQZzR%2Fuploads%2FZDkfKKGwLBItOfdhxvQE%2F%E1%84%89%E1%85%B3%E1%86%AF%E1%84%85%E1%85%A1%E1%84%8B%E1%85%B5%E1%84%83%E1%85%B32-07-26-22_23-39-24-154.png?alt=media\&token=2ca4ab08-8528-4d23-83fc-bbdb2f6d0b16)

### Traders

* Traders swap tokens using the liquidity pool provided by Pangea Swap’s liquidity providers (LPs.)
* For token swaps, a swap trading fee(may vary depending on token pairs) is levied. The fee is distributed to LPs and the stakers who have voted.

### Liquidity Providers

* LPs deposit token pairs in liquidity pools and receive a part of the swap fee paid by traders as interest.
* LPs may expect higher interest if they choose to provide liquidity in a concentrated price range by providing concentrated liquidity.
* When adding liquidity to whitelisted pools, LPs may receive additional STONE rewards by staking LP tokens to the Gauge.

### Governance Participants

* Participate in Pangea Swap governance through DAO