ARMswap Docs - Add Liquidity
Users can contribute to liquidity pools to earn rewards and actively participate in the growth of the platform. ARMswap charges a 0.35% swap fee, of which 60% is distributed among liquidity providers. In addition to a share of the fees, liquidity providers also receive ARMSP tokens as rewards.
Steps to Add Liquidity
To add liquidity, users should follow these steps:
- Navigate to the "Pools" page.
- Select the desired liquidity pool from the available options.
- Enter the amount of tokens they wish to contribute.
- Confirm the transaction to complete the liquidity provision process.
The process of adding liquidity is designed to be user-friendly and is similar to executing a swap transaction.
The "Add Liquidity" window will display the status of liquidity additions on each network.
- Upon successfully adding liquidity on the first network, a MetaMask window will prompt the user to switch networks in order to add liquidity on another network.
- Once liquidity is successfully added, the contributed amount will be visible under the "My Position" section for each respective network.
This cross-network liquidity provision flow ensures a seamless and intuitive user experience for managing liquidity across multiple blockchains.
