🐳How to Add/Remove Liquidity

How to Add/Remove Liquidity

Participating in the Liquidity Pools

1- click on the “Pool” tab of the menu bar to view the available liquidity pools to select from:

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All available pools will be displayed including information such as:

Trading Pairs: Available liquidity pool token pairs to which you can add liquidity (Example: STX/ALEX)

Liquidity: The amount of total liquidity in USD value.

Volume: The trading volume between the liquidity pair tokens, displaying both 24-hour and 7-day volume.

Fees: The amount of all fees generated from the liquidity pool token pair via swaps which accrues over time.

2- Select the token pair to which you want to add liquidity and click “+ Liquidity.”

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After selecting “+ Liquidity” you’ll be taken to a control panel for that specific liquidity pool, allowing you to “Add Liquidity” or “Remove Liquidity” to that token pair.

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3- If you want to adjust slippage then select the “Setting” icon will open the Transaction Setting panel. Here you can specify:

Slippage Tolerance: Slippage tolerance is the maximum % of price movement you accept between where you agree to enter a transaction and its execution. The default slippage tolerance is set to 4% but you can select a custom percentage. If price movement exceeds the slippage tolerance, the transaction will be cancelled.

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4- Add/Remove liquidity

Example: you insert 1000 STX and will automatically add an equal amount of XBTC in $ value, the pair has a ratio of 50% : 50%

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5- Click “Confirm” which will bring up the smart contract confirmation window where you would select “Confirm” then wait until the transaction is confirmed.

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After successfully adding liquidity, you will be able to see your LP tokens in the ‘My Liquidity’ panel.

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The ‘Pooled’ amount represents the total token holdings of the Liquidity Pool.

The “My Pool Share” reflects your contribution, as a percentage, to the pool’s liquidity for reference.

The “Pooled” amount changes depending on the price action of both assets, which may result in changing values.

Support:

Please reach out to our Community Managers on our Discord and Telegram Channel.