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How to LP on Pablo

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Providing liquidity on a decentralized exchange (DEX) like Pablo can be a way to earn passive income by providing assets to liquidity pools Here is a guide on how to provide liquidity on the Pablo DEX. Release 2 will begin with 3 pools on launch which are as follows:

  • KSM/USDT
  • PICA/USDT
  • PICA/KSM

The Picasso Council has proposed to set the fees for these inaugural pools at 0.3%. Users can provide liquidity to earn a portion of the fees accrued by these pools. The total fee charged on a swap, buy, or sell is calculated as a percentage of the swap size and distributed to liquidity providers in proportion to their share of the pool.

For a step by step tutorial on how to swap tokens on Pablo, explore this guide.

How to provide liquidity

pool_page

  1. On app.pablo.finance, connect your wallet:
  2. Navigate to the "Pool" page
  1. Choose one of the availabe pools

pica_ksm_pool

add_liquidity

  1. Click 'Add Liquidity', then enter the amount of Token A (note that an equal amount for the other trading pair (Token B) will be calculated automatically.)

transaction_details

  1. Click "Supply" to provide liquidity to the pool.

confirm_supply

  1. Review transaction details in the pop-up and click "Confirm Supply"

sign_transaction

  1. You will be asked to sign the transaction using your password.

transaction_initiated

  1. The notification "Add liquidity: Initiated" will appear as the transaction is being processed and confirmed.

transaction_finalized

  1. Users can be redirected to view their transaction on Subscan by clicking the button below.

In this Guide you learned how to become a liquidity provider on Pablo. See our guide on how to take part in governance via Polkassembly.