Description:
This article explains how to add or remove liquidity pool on Gala Swap.
Purpose:
The Gala Swap Decentralized Exchange enables users to securely swap and receive tokens built on GalaChain anytime, anywhere, providing seamless access to digital token swaps on the go. This guide walks you through how to add or remove liquidity from a pool to ensure a smooth and hassle-free experience.
Assumptions made:
This article assumes the reader understands the information in the following article:
How to create and connect an Accountless GalaChain Wallet using a Web3 Wallet
What is a client| and eth| Wallet Address in the GalaChain Ecosystem
How to set up a GalaChain Mobile Wallet
How to import an existing wallet seed phrase or Gala Games Account into the Gala Wallet Application
Where To Get GALA
How to Connect a Wallet to Gala Swap
How to Create a new pair for liquidity on Gala Swap
How to Collect fees from a Liquidity Pool on Gala Swap
Step 1: Access the Gala Swap website and click on "Connect Wallet". (<- Link to article) and then click on the "Pool" tab.
Step 2: Select the Liquidity Pool you would like to add or remove to or from.
Step 3: In the top corner, please select "Increase Liquidity" or "Remove Liquidity".
Step 5: To Add Liquidity, select your desired fee tier and price range. Then, deposit the amount of the paired tokens you would like to add.
Step 6: Your web3 wallet extension should now appear with a pop up. Click on "Accept" to proceed, or "Reject" to decline.
Step 7: Congrats! Your liquidity has now been added.
Step 7: To Remove Liquidity, go back to your position and select "Remove Liquidity" and select the percentage amount you would like to remove.
Step 7: Confirm the details of your request, and confirm the transaction in your Web3 wallet.
Step 7: Congrats! Your liquidity has now been removed.