Providing Liquidity
Last updated
Last updated
Make sure to have some BNB in your wallet to pay for the gas fees in transactions. You will not gain yields by simply providing liquidity on Wombat; you MUST stake your assets to start reaping the rewards.
Click the POOL tab on the panel to visit the pool page.
Locate the pool you wish to deposit to. Expand the card and click LIQUIDITY.
Enter the desired amount to deposit or stake; you may also click MAX to deposit all of your token balance.
Once you have entered the amount, transaction specifics will be displayed. After inspecting all details, click APPROVE and confirm the transaction in your wallet to grant Wombat access to the asset.
Two options (DEPOSIT and DEPOSIT & STAKE) will be available upon approval. If you wish to provide liquidity without staking the asset, click DEPOSIT and confirm the transaction in your wallet.
A user can get more LP tokens than a deposit. When the coverage ratio deviates from 1, depositors will get a deposit reward as they help converge the coverage ratio. Details can be found at Deposit Gain and Withdrawal Fee
You can navigate the withdrawal page by clicking the toggle at the top of the window.
Wombat allows users to choose which assets they wish to withdraw from. It is equivalent to a withdrawal followed by a swap.
For example, if you have deposited USDC in our main pool, you can withdraw in the tokens of your choice, i.e., USDC, USDT, DAI, or BUSD.
