Liquidity using guide
Introduction
LP tokens can be used to earn compound interest in liquidity mining, take out cryptocurrency loans, or transfer ownership of staking liquidity.
Rooch now launches staking for RGas
and GROW
token pairs, and follows up with a simple demo to show the staking process.
- Website link: https://portal.rooch.network/trade/liquidity (opens in a new tab)
- Portal FAQ: https://rooch.network/learn/miscellaneous/portal#faq (opens in a new tab)
Staking process
Enter the Portal page, select Liquidity
and click on the Add
button on the right:
Just fill in the RGas
and the LP pair will automatically calculate the GROW
dosage:
The amount is calculated based on the official Swap pool, and the calculation form is:
point = x / x pool * 100%
y = y pool * point
Check the estimated income of the LP group, click the Confirm
button to complete the LP staking:
You can see the LP situation of the group just now:
Click the Remove
button on the right to unstaking:
Earn token pairs
After forming an LP, you can stake the LP to Farm to obtain the income of the token pair. If you simply form a token pair, there will be no income.
Click the Stake LP
button to stake token pairs:
After staking an LP, you can obtain $LPXP
income.
In the future, $LPXP can be used to exchange initial liquidity to support this part of $ROOCH token, accounting for %5 of the total. For details, please refer to this article (opens in a new tab).