How to Provide Liquidity on Osmosis
The $DSM Incentivized Pools Signaling Proposal has just passed! We are one step closer to get $OSMO incentives for Bonded Liquidity. Don’t worry! We are here to guide you through the process.
If you wish to send your $DSM to Osmosis, please refer to this guide.
Buy/ swap $DSM on Osmosis
- Go to [Trade]. Enter the amount of asset to be swapped to $DSM and [SWAP] it.
We’ll be using $OSMO but take note that you can choose any IBC token as an asset to buy $DSM.
2. Keplr transaction confirmation will appear, choose the desired fees and click [Approve].
3. Newly swapped $DSM should appear on the [Assets] tab.
Add Liquidity
4. Go to [Pools] and look for Pool #618 and #619, or you can go directly:
Choose the pool to add liquidity. Click on [Add/Remove Liquidity].
If you wish to add more tokens, simply click [Swap Tokens] to swap available IBC assets to $DSM.
5. The “Manage Liquidity” window will appear wherein you can input your amount of tokens to be added to the pool.
You can also check the box for [Single Asset LP] if you wish to pool using one token.
[Single Asset LP] allows you to provide liquidity using one asset. However, this will impact the pool price of the asset you’re providing liquidity with.
6. Once the amount has input, click [Add Liquidity]. A Keplr transaction confirmation window will appear, choose the desired amount of fees and click [Approve]. The amount of added liquidity should show on below areas:
Now you’ve provided liquidity on the pools, you have the option to bond it and earn incentives on top of the pool APR and swap fees!
