> For the complete documentation index, see [llms.txt](https://nemesisdao.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nemesisdao.gitbook.io/whitepaper/features/liquidity-management-system.md). # Liquidity Management System The Liquidity Management System is one of the stand-out features within the Nemesis Ecosystem. It supports [Automated Buyback System](/whitepaper/features/auto-buyback-system.md) and [Range Bound Stability](broken://pages/W1xvCUekVER6neCVcKFb) to ensure NMSP price stays above the higher wall in the 90-day moving average.\ \ While LP Bond increases liquidity when required, LMS withdraws 2% of the POL and an equal amount of NMSP/BUSD from the NMSP liquidity pool on Pancakeswap. Then, it sends 100% of the NMSP tokens to the Treasury (for providing rewards) and adds 100% of the BUSD to the auto buyback wallet, which is to add to the liquidity pool at a later time via an [Automated Buyback System](/whitepaper/features/auto-buyback-system.md). In a downward trend, LMS operates normally, whereas, in an upward trend, it will either slow down or shut down temporarily. LMS aims to strengthen the price impact of buybacks by decreasing the number of tokens in liquidity and accelerating the frequency of buybacks. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://nemesisdao.gitbook.io/whitepaper/features/liquidity-management-system.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.