Liquidity Pools User Guide
Last updated
Last updated
Welcome to the Liquidity Pools User Guide!
This guide is designed to help you navigate the world of liquidity provisioning. Within this guide, you'll find detailed step-by-step instructions on how to add your tokens to liquidity pools.
Whether you're new to cryptocurrency or an experienced user, this guide provides the information you need to participate in liquidity provision.
In this User Guide, you will find the following relevant sections to get you started:
Let’s get started!
Go to https://mantra.zone/
On MANTRA Zone, go to the ‘Liquidity Pools’ tab on the left hand menu.
Click on ‘Connect Wallet’ from the top navigation tab.
You can choose your preferred Cosmos wallet and connect to the MANTRA network
To provide liquidity, you'll need an amount of both tokens for your chosen pair.
If you need to acquire any tokens, you can easily swap for them. Check out our Swap User Guide for more information.
To provide liquidity on MANTRA Zone, follow these steps:
On Liquidity Pools page, once you have connected your wallet, you'll find a list of all available pools. Choose your desired pool by clicking on ‘Add Liquidity.’
On the Add Liquidity panel, you can view the token pair, your available wallet balance for both the tokens, and the exchange rate for the pair.
Enter the amount of token 1. The equivalent value of token 2 will be automatically calculated and pre-filled for your confirmation. Once you are satisfied with the amounts to provide liquidity, click on confirm.
An approval transaction will be initiated, prompting you to sign the transaction in your MANTRA wallet.
After you approve it, and the transaction is successful, you will be able to view the details on the successful card pop-up.
When you close the success pop-up, you will be redirected to your manage position page for this pool, where you can see the added liquidity, its equivalent value and option to add more liquidity.
Once you have provided liquidity in any pool, you can always return back add more :
On the main pool list page, click on the ‘Manage’ button for the pool you have provided liquidity, from where you will be redirected to your position page and then select to ‘Add Liquidity’.
Once you have provided liquidity to a pool and received LP tokens , you can withdraw your liquidity at any time.
Navigate to the pool where you provided liquidity and click on the Manage button. In the Pool Position panel, you will be able to select ‘Remove Liquidity’.
After clicking on Remove Liquidity, you can view the percentage slider , both tokens that will be removed from liquidity and the current liquidity position.
Now, you can choose the percentage of liquidity you want to withdraw. As you adjust the slider, you will see the amounts of both tokens you will receive after removing liquidity. Once you've selected your desired amount, click on Confirm.
An approval transaction will be initiated, prompting you to sign the transaction in your MANTRA wallet.
Once you approve it & the transaction is successful, you can view all details in the successful card pop-up and the removed liquidity tokens will be added in your wallet.
