🚰How to add liquidity to pools?
Last updated
Tradoor User Guide V2
Last updated
Here’s a concise guide on how to add liquidity to pools on Tradoor:
Start by connecting a compatible wallet to Tradoor.
On the Perps or Options page, select Pool.
Check details like Total Supply, Price, and APR.
Note: APR stands for Annual Percentage Rate.
It represents the annualized return on your investment in the liquidity pool, expressed as a percentage. This rate is an estimate of how much you could earn by providing liquidity to a pool over the course of a year, based on current trading volumes, fees, and rewards.
The APR in liquidity pools is typically calculated by taking into account factors such as: Transaction fees: Each time someone trades on the platform and uses the liquidity in the pool, a fee is paid. A portion of these fees is distributed to liquidity providers. Yield farming rewards: If the platform offers additional incentives (such as tokens) for liquidity providers, these rewards are also included in the APR calculation. Pool share: Your share of the total liquidity in the pool, which determines how much of the total fees and rewards you will earn. It's important to note that APR is not guaranteed and can fluctuate due to changes in trading activity, liquidity, and reward distribution. APR can vary widely based on the pool, market conditions, and the assets being traded.
Select Buy TLP and enter the value of $USDT you wish to provide to the pool. select Confirm.
The Tradoor Liquidity Provider (TLP) Pool is a liquidity pool that acts as a counterparty to traders — when traders seek to open leverage positions, they borrow tokens from the pool. The TLP token is the liquidity provider token where its value is derived from trading fees, funding fees, rollover fees, and price impact
You will receive liquidity pool TLP tokens.
Earn a share of trading fees and accumulate $DOOR points, track your contributions and rewards through Pools.
To withdraw, go to Pools, select Sell TLP. Confirm the transaction to receive your $USDT and rewards.
By following these steps, you can easily add liquidity to Tradoor pools and enjoy a sweet passive return!
