How to add liquidity on MerlinSwap?
Last updated
Last updated
Navigate to MerlinSwap at https://merlinswap.org/home, connect your wallet and tap on the "Pools" feature.
You can view all popular pools on Merlin and their respective pool information, such as liquidity, 24-hour volume, and current APR. Tap the “Add Liquidity +” button to provide liquidity.
Choose which pair you would like to provide liquidity for, and select the fee tier. Here we will use the WBTC - iUSD pair as an example.
Input the amount of tokens you will provide and take note of the current price. Set the LP price range, and we recommend a range of plus or minus 50%. Within this range, you can earn a higher APR and it's less likely to exceed the range.
Approve your token and double-check all your related liquidity settings, then tap "Add".
After successfully adding liquidity, you can view your position at https://merlinswap.org/trade/liquidity.
Please note that providing liquidity carries the risk of "Impermanent Loss." Ensure you have sufficient experience before participating. Learn more here.