How To Provide Liquidity
Last updated
Last updated
To provide liquidity, you’ll need to deposit the two tokens making up the pool of your choice.
In this process, liquidity providers are rewarded by newly minted LP tokens. LP tokens represent the liquidity provider’s share in the pool and provide the benefit of earning trading fees, which are accumulated into the pool on every swap transaction.
During this example, we are going to add liquidity to the CSPR/dETH pool:
Head over to https://friendly.market/add
2. Enter the number of tokens you want to deposit in the pool.
3. Click "Add Liquidity."
To view your current liquidity positions, visit the Pool page. If you have connected your wallet and you have supplied liquidity you'll see your positions like shown in the screenshot below.