Description:

This article explains how to collect fees from a 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 collect fees from a liquidity pool position 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 Add or Remove Liquidity from a pool on Gala Swap

Step 1: Access the Gala Swap website and click on "Connect Wallet" and then click on the "Pool" tab.

Step 2: Select the Liquidity Pool you would like to collect fees from.

Step 3: While viewing your liquidity position, click on "Collect Fees". 

Step 5: Your accumulated fees will be displayed. Click on "Confirm" to continue.

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 position fees have now been collected.