> For the complete documentation index, see [llms.txt](https://docs.meridianfinance.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.meridianfinance.net/earning-with-meridian/mlp-liquidity-pool/buying-and-selling-mlp.md).
# Buying & Selling MLP
Investors can provide liquidity and receive a share of the [Leverage Trading](/trading-meridian-trade.md) and [Zero Slippage Swap](/trading-meridian-trade/meridian-trade/zero-slippage-swaps.md) fees by depositing ETH and/or USDM in return for MLP tokens. MLP tokens can be purchased through the [MLP Liquidity page](https://trade.meridianfinance.net/#/buy_mlp).
The price of MLP is determined by the aggregate value of all tokens in the liquidity pool after allowing for all current profits and losses from open trades.
To purchase or sell MLP follow these steps.
1. First go to the [MLP Liquidity page](https://trade.meridianfinance.net/#/buy_mlp).
2. Select whether you wish to **buy** or **sell** MLP. In order to buy you will need to provide an amount of one of the whitelisted tokens. If selling you can elect to receive your funds in any of the same whitelisted tokens, initially USDM or ETH.
3.
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4. After entering either an amount that you wish to pay or an amount that you wish to receive, the other data entry box will be populated automatically.
5. Depending on the assets being transacted a transaction fee will be displayed below the data entry box. This fee has two key purposes.
* To prevent the buying and selling of MLP being used to achieve achieve zero swap fees.
* To incentivise the optimal token ratios within the MLP pool. If the transaction improves the composition ratios then the fees will be lower and conversely if the transaction drives a deterioration in the composition ratio then the fee will be higher. More information on MLP Rebalancing can be found [here](/earning-with-meridian/mlp-liquidity-pool/mlp-rebalancing.md).
1. Once the amount's data entry boxes have been filled the current rates fees available for each token type are displayed in the table at the bottom of the MLP page. Investors may be able to get a more favourable fee by depositing different assets into the pool.
2.
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3. Once you are happy with the amounts and fees the transaction can be completed by pressing the Buy or Sell button.
4. After buying MLP your **tokens will be automatically staked** so that you will start [earning fees](/trading-meridian-trade/meridian-trade/fees-and-costs.md) and [MST ](broken://pages/lW8NnnFG1Yt8zwNwsRlg)rewards.
#### [Launch Meridian App](https://www.meridianfinance.net/#/)
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