Liquidity using guide
Introduction
LP (Liquidity Provider) refers to token holders who combine two different tokens (such as RGas
and GROW
) into a token pair and stake it in Rooch’s liquidity pool (Farm). These pools receive liquidity from RGas
and GROW
, and liquidity providers are rewarded based on their contribution to the pool (in the form of $LPXP
). Users holding $LPXP
will have the opportunity to receive $ROOCH
airdrops in the future.
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 Rooch Network Tokenomics (opens in a new tab) article released by Rooch, 5%
of the $ROOCH
tokens will be used to incentivize LP providers, and holding $LPXP
can earn $ROOCH
airdrops in the future.