How to Provide Liquidity?
Last updated
Last updated
Providing liquidity to a pool allows you to earn rewards. Follow these steps to add liquidity using the app:
Open the app and go to the Earn tab.
Select Liquidity Pooling -> Available Pools to view all the available liquidity pools
Here, youâll see a list of available pools along with their current APR (you can sort the pools based on various criteria).
Select the pool you wish to add liquidity to (e.g., AVAX in this example).
Choose whether you want to deposit Symmetrically (both assets of the pool) or Asymmetrically (a single asset).
For this example, select Asymmetrical Deposit.
On the next screen, enter the amount of the asset you want to deposit into the pool.
Once you've set the amount, tap Continue.
Review the transaction details carefully on the next screen.
When ready, tap "Add Liquidity Now" to complete the process.
After the transaction is successfully processed on the network, youâll receive confirmation.
To view your liquidity positions, go to Earn -> Liquidity Pooling -> Your Pools.