📊
Polkawallet
  • Welcome
  • 📚Getting Started
    • General FAQ
    • Creating a Wallet
    • Switching Addresses
    • Receiving and Sending Tokens
      • Parachain Bridging Guide
    • Migrating from Polkawallet to Browser extension
    • Importing Your Account to Polkawallet
  • 🥩Staking (Regular)
    • Staking FAQ
    • How to Stake
    • How to Unstake
  • 🙌Crowdloans
    • Crowdloan FAQ
    • Contributing to a Crowdloan
  • 🅰️Acala and Karura
    • 🌊Liquid Staking
      • Liquid Stake FAQ
      • How to Liquid Stake
      • How to Unstake Liquid Tokens
    • 🔄Swap and LP
      • Liquidity Pools FAQ
      • How to Provide Liquidity
      • How to Remove Liquidity
      • How to Collateral Stake
      • Swapping Tokens
    • 💰aUSD Vaults
      • aUSD Vaults FAQ
      • How to Mint aUSD
      • Add Collateral to aUSD Vault
      • Withdraw Collateral from aUSD vault
      • How to Payback aUSD
  • ⚠️Common App Errors
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  1. Acala and Karura
  2. Swap and LP

How to Provide Liquidity

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Last updated 2 years ago

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Video:

1) Starting on the homepage, let's navigate to the Metahub and then to the DeFi tab.

2) Clicking on the Earn option, you’ll be greeted with all the liquidity pools on offer natively within the protocol.

3) Let’s choose ACA-aUSD and pressing on it will open another page which will showcase the APR, how many LP tokens you’ve staked, as well as your share of the pool.

4) Pressing on Stake, we’ll now be able to stake both LP tokens, or the individual tokens in the pool individually.

5) We’ll now have to acquire the tokens in this pool, namely, aUSD and ACA. Let’s navigate back to the swap tool.

6) The pools are 50/50 so ensure you have enough of each token of the pool (keeping some for transactions).

7) Returning back to the Stake ACA-aUSD LP page we can now select the amount of ACA and aUSD tokens we’d like to contribute to the pool. We’ll choose 5 ACA, and the interface will automatically select the necessary amount of aUSD to balance them in the pool.

8) Pressing “stake” you’ll then be greeted with a confirmation page. Once you press submit you’ll be prompted to enter your wallet password to continue.

9) Once successful, you’ll now be able to check your LP position by navigating back to the ACA-aUSD LP page from earlier.

10) Once you start accumulating rewards, you’ll be able to claim them on this very same page with the Claim Reward option.

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