You might already know that the Waves blockchain allows you to quickly and easily create tokens. Waves.Exchange not only supports this functionality but also significantly develops it. Waves.Exchange users can create their own tokens and verify them in order to draw the attention of other users to these tokens and increase the degree of trust in their projects. Moreover, we developed functionality that allows users to increase the attractiveness of their tokens: if the token successfully passed the verification, its creator can run a liquidity pool with this token working on the Waves.Exchange trading bot basis. Any Waves.Exchange user can invest funds in this liquidity pool and earn income from the pool's LP token price growth (base APY).

Also, in the very near future, user's liquidity pools will be able to participate in the distribution of WX, which will attract even more users to the pool.

To create a pool with your verified token, log in to the Waves.Exchange account where you created the token, go to the Pools tab and click the Setup Pool button.

You will be suggested to fill in a form in which you need to specify the amount of your token and the amount of USDN that you will transfer to the trading bot to initialize your pool. The more USDN you invest in the pool, the higher the price of your token will be at which the trading bot start placing orders. But 10,000 USDN and 100,000 minimum units of your token (for example, for tokens with 3 decimal, this is 100) are the minimal amount you can invest.

Important: the pool creation process can take up to 3 days.

That's all! After 3 days or early, your pool's trading bot will be launched, your pool will appear in the general list in the Pools tab, and any Waves.Exchange user will be able to invest tokens in it.

If you have any questions related to Waves.Exchange, feel free to contact us via customer support

tags: create liquidity pool wx invest passive income reward voting verify token

Did this answer your question?