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  • What are liquidity pools ?
  • How to provide liquidity?
  1. Resources

How to provide liquidity?

This is much more easier than it sounds. Let us walk you through.

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Last updated 2 years ago

What are liquidity pools ?

A liquidity pool is essentially a pool of tokens locked by a smart contract. The main purpose of these pools is to help provide liquidity and facilitate trading on exchanges. They do this by giving users of the exchange a means to buy and sell.

Providing liquidity is possible on . Head over to the Liquidity tab on the left side of your screen. Connect your wallet (Make sure your Metamask is on the Avalanche network). Now you have to choose Ingredient A and B. Ingredient A will be AVAX and ingredient B will either be GLAD or GLADSHARE. If GLAD or GLADSHARE do not show up, please copy/paste the address shown below manually.

Liquidity pools are used by Automated Market Markers (AMM) to minimize drastic price changes (volatility) on crypto exchanges. This characteristic makes liquidity pools ideal for new coins or tokens that do not have a large user base.

How to provide liquidity?

  1. Go to

  2. Search for the GLAD-AVAX or the GLADSHARE-AVAX pools and click on them

  3. On the right side select the desired amount

  4. Press Supply and confirm the transaction.

TraderJoe
https://traderjoexyz.com/pool
🌊
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