Liquidity Pool

On a decentralized exchange, users themselves can help fill liquidity pools by depositing their own assets or "liquidity" into the pools. Users can deposit tokens in pairs to provide liquidity to the DEX's liquidity pools. Users who deposit their token pairs are called liquidity providers and are essential members of the ecosystem as they supply tokens (in other words, liquidity) to the pools.

How to deposit liquidity pairs

  1. On the app, tap the Pool button at the bottom to navigate to the Pool page.

  2. You will see all available liquidity pools along with their volumes and return rates. Locate the pool you want to deposit to and tap on its Deposit button.

  3. Enter the amount of tokens you want to deposit.

  4. Tap the Deposit button and continue through the transaction process to deposit your liquidity pair.

It doesn't always take two to tango!

If you have only one asset of the token pair, the protocol will offer to automatically convert roughly half of the assets you have into the other asset of the pair, allowing you to deposit the token pair immediately without having to manually swap the tokens beforehand.

How to withdraw your tokens

  1. On the app, tap the Pool button at the bottom to navigate to the Pool page.

  2. Locate the pool you want to withdraw from and tap on its Manage button. You can also tap on the My Deposits tab to see a list of the liquidity pools you've deposited to.

  3. Under the Withdraw tab, enter the amount of tokens you want to withdraw.

  4. Tap the Withdraw button and continue through the transaction process to claim your tokens.

Liquidity providers receive rewards for depositing their token pairs to liquidity pools. You can check how much rewards you’ve earned whenever you’d like on the Pool page, and easily receive the rewards to your wallet with a few taps. Follow the instructions below to claim your token rewards.

How to claim your token rewards

  1. On the app, tap the Pool button at the bottom to navigate to the Pool page.

  2. Locate the pool you want to claim rewards from and tap on its Manage button. You can also tap on the My Deposits tab to see a list of the liquidity pools you've deposited to.

  3. You can check the amount of Claimable tokens on the top of the page. Tap on the Claim Rewards button to the right.

  4. Tap Confirm to claim your token rewards.

Last updated

#184: 12/4

Change request updated