Open a position in a Liquidity Pool
Last updated
Last updated
Navigate to the Pools section on the Saturn platform
Select the pool you want to open a position in - In this example we will use BESTINSLOT.XYZ
Select the pool for the token you have chosen with the fee rate that you desire
Click deposit to add to liquidity the pool
Enter the amounts - Enter the liquidity amounts that you want to deposit into the pool. Review all pool details, including tokens, liquidity amounts, and fee tier. If this is a new pool and there is no liquidity, the amount of liquidity that you provide will set the initial price of the pool. TIP: Ensure you double-check the token details to avoid creating a pool with the wrong assets.
Click Submit - Submit and approve you transaction. Congratulations, you have added to liquidity to a pool! NOTE: Creating a pool incurs network fees on the Bitcoin base layer. Review the fees before confirming.