# SeeSwap Pool Tokens

All pools in SeeSwap are also HRC20 tokens known as SPTs (SeeSwap Pool Tokens), which represent proportional ownership in the pool's liquidity. SPT tokens represent a liquidity provider’s shares of the total pool reserves. After a liquidity provider deposits HRC20 tokens into a pool, SPT tokens are minted and accounted to the provider’s address, pro-rata to his liquidity contributed to the pool.&#x20;

SPT tokens and can be redeemed for the underlying assets at any time. Liquidity providers can also choose to sell, transfer, or otherwise use their liquidity tokens in any way they see fit.


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