Crema Finance is a Powerful Concentrated Liquidity Protocol built on the Solana blockchain. We are characterized by maximizing the utilization of capital with higher market depth and lower price slippage.
In the Mainnet version, users are allowed to set a specific price range to add liquidity as we mentioned before. The USDT-USDC pool is live now. With CLMM’s price range settings, users can make range order trading to meet their various trading needs, which enables users to maximize their capital efficiency.
Now the question is How to use Crema?
First, you need to Connect your Wallet.
We support many wallets, such as Phantom, Sollet, and more, however, we will use Phantom as an example to show.
Since Crema has launched the Mainnet Beta version, you will be able to swap any token you want on Mainnet. At the moment, we only provide USDT-USDC trading pair on CLMM Liquidity Pool in the very first Mainnet Beta version, however, more liquidity pools will be updated and released in the later version.
How to Swap?
First, we will introduce the Swap page of Crema to our users.
The Swap page is similar to the other Swap pages you may have seen before.
Then set your Slippage tolerance for this trade. In this example, we will use 1% slippage tolerance, which is also the default setting on Crema.
Once you submit the order and get approved, the transaction should be confirmed quickly. You can see the confirmation notification in the bottom-left corner. It seems everything is going well.
How to Add/Remove liquidity?
Select the trading pair (eg. USDT-USDC) and set the Price Range to Add Liquidity. Currently, we will use the liquidity pool of USDT-USDC as an example to show, and more liquidity pools will be updated and released in the later version. Please notice that you will be able to set up different positions with different price ranges at the same time.
For our users who noticed that the fee tier is fixed at 0.05% if you choose USDT-USDC, we will say that the rate of 0.05% is best for stablecoin trading pairs. We also suggest our users choose a reasonable price range by themselves to maximize their capital efficiency, within which they might experience the most concentrated liquidity and the best depth according to the market.
For our users who already added liquidity into a pool, you can click My Positions and choose your LP that you’d like to Increase Liquidity.
For our users who would like to Remove Liquidity, you can click My Positions and choose your LP to Remove Liquidity.
About Crema Finance
Crema Finance is a powerful liquidity protocol built on Solana that provides superior performance for both traders and liquidity providers. It changes the Solana DeFi game by introducing a series of innovations to improve capital efficiency and trading depth.
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Official Website:https://www.crema.finance
Twitter: https://twitter.com/Crema_Finance
Discord: https://discord.gg/cremafinance
Medium: https://medium.com/@Crema.finance
Telegram Channel: https://t.me/cremaofficial
Telegram Group: https://t.me/cremafinance
