RE: 77.67% APR on SPS - SWAP.HIVE - My first steps with liquidity pools on Tribaldex (2022.10.03)
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I checked his post about this. Now I understand it somewhat better. So liquidity pools let people exchange (swap/convert) two tokens without having to use an actual exchange, and the liquidity providers are earning rewards from the fees generated by the pool, and the fees are paid by the users, who use the pool to convert (swap) one token into another.
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yes, that's how that works.
The pools shown on splinterlands.com get extra rewards in form of airdrops. That's what you can claim there.