Trading Pools
Last updated
Last updated
UrDEX Liquidity Providers (LPs) can select the level of risk they are willing to take, isolating long-tail risk more effectively.
The Pools range from the lowest-risk Guardian Pool, the medium risk Archon Pool to the highest-risk Divine Pool, each representing a pool of assets like BTC, ETH, and stablecoins.
Start by connecting your wallet to the platform.
Go to the Liquidity page on the platform.
Choose the specific Pool in which you want to deposit your funds to buy the LP tokens.
Look for the 'BUY' button and enter the desired amount of LP tokens you wish to buy.
After entering the amount, click on 'APPROVE' and a pop-up transaction will appear in your wallet.
Confirm the transaction by signing it in your wallet.
Proceed by clicking on "BUY ... LP" and confirm the transaction in your wallet when the pop-up appears.
To complete the process, click on "Deposit... LP" and confirm the transaction in your wallet once again.
After a few seconds, a "Successful" pop-up notification will appear. Congratulations! Your LP tokens have been deposited, and you can now start earning fees and rewards.
Begin by selecting the Pool from which you want to remove your LP tokens.
Look for the 'SELL' tab and choose the source of the LP tokens you want to sell:
If you want to sell LP tokens from your Staked Balance, select 'Withdraw and Sell'.
If you want to sell LP tokens from your Wallet Balance, choose 'Sell from wallet'.
Enter the amount of LP tokens you wish to sell.
Select the asset into which you want to sell your LP tokens.
Click on 'Sell ...LP' and confirm the pop-up transaction in your wallet to proceed with the LP token sale.
After a few seconds, a "Successful" pop-up notification will appear in your wallet, indicating that your LP tokens have been successfully sold to your chosen asset.
