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  • Welcome to Litra Finance
  • GENERAL
    • Minting
    • Redemption
    • Swap
    • Providing Liquidity
  • APPENDIX
    • Glossary
    • Security
    • Whitepaper
    • Twitter
    • Medium
    • Smart Contract
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  • Why provide liquidity?
  • Add liquidity
  • Remove liquidity
  1. GENERAL

Providing Liquidity

Provide wNFT liquidity to earn more

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Last updated 1 year ago

Why provide liquidity?

You can provide wNFT liquidity and earn the transaction fees as a liquidity provider. The wNFTs and their LP tokens have excellent composability and scalability so we can expect other projects to build use cases for them.

Add liquidity

After minting wNFTs, you will be directed to the page with an adding liquidity option.

Input the number of wNFT or/and ETH and click ADD LIQUIDITY to add liquidity to the liquidity pool. You can choose to add wNFT or ETH only, or both of these two assets. If this is your first time to add liquidity, you need to approve it in your wallet.

Or you can find the option of adding liquidity after selecting the NFT collection and clicking POOL. With the same operation mentioned above, you can add liquidity to the pool.

After adding liquidity, you will receive the LP tokens which represent the share of the liquidity provided by you. You can claim the transaction fees or other rewards with the LP tokens.

Remove liquidity

Find the removing liquidity option after selecting the NFT collection and click POOL. Select the Remove Liquidity tag on the page to remove liquidity.

Input the share of liquidity you would like to remove, in which you can choose to remove wNFT or ETH only by selecting the corresponding options. Click WITHDRAW to remove the liquidity you have provided before.