💧Pools
Provide liquidity to the pool and receive part of every swap's fee.
Here you will learn about the liquidity pools, their types on DeDust, how they work, how to deposit and withdraw the liquidity to/from pools. And how to earn on providing liquidity.
What is a Liquidity pool
Very simplified, liquidity pool is a 'trading pair' of two cryptocurrencies on a decentrilized exchange (DEX), serving to allow users to swap one crypto for another, e.g. TON to USDT.
If more complicated, liquidity pool is:
a kind of vault, a storage, containing a combination (usually a pair) of cryptocurrency tokens (usually in 50/50 proportion), allowing users to buy from (or sell to) that pool one token for another,
and on the other hand,
a smart contract deployed in the blockchain — a program code with a set of strict rules, defining how a specific liquidity pool operates and executes the swaps, initiated by users.
Once a pair of assets (tokens) is placed to the liquidity pool, users can start trading those assets. Then, putting certain amount of one token to a pool ('selling' it to the pool) user gets in return some amount of another token from that pool ('buying' it from the pool), according to its exchange rate.
Only the proportions (amounts) of two assets in a pool define one's "price" expressed in another, and define their exchange rate in that specific pool. The more liquidity (or assets, in total) the pool contains, the less will be the price impact (exchange rate deviation) with every swap in it.
For every exchange in a pool it withholds a fee, called Trade fee — from a user performing the swap.
How it works on DeDust
The trading fees might vary in different pools.
70-80% of trading fees, depending on pool type, are distributed between all pool's liqiudity providers, according to their share.
20% of fees is used to buyback $DUST tokens from market and reward holders for staking.
The fee may be deducted either from trader's amount of tokens that he spends, or from amount of tokens he gets after swap. Depending on pool's properties and swap direction.
All fees are withheld from traders and distributed to liquidity providers instantly, at the moment of swap.
The trading fee is only withheld if a swap was successful.
With every swap each liquidity provider's portion of trading fee earnings is:
auto-compounded to the total amount of provider's tokens in the pool (added to his position), in case of Classic and Stable-swap pools, or
accumulated on a separate balance and available for claim anytime, in case of CPMM v2 pools.
Exploring pools
Open DeDust Pools section, from a Homepage or using a taskbar.
In the top you'll find basic stats on major DeDust liquidity pools.
Switch from All pools to My pools tab, to see details only on pools you're providing liquidity to.
Pools with the same pair of tokens are by default grouped in one record.
Most traded token pairs by volume will always be in the top of the list.
Scroll to the left and right, to see pools key performance values including APR, and your rewards.
Use filters to find relevant pools for specific cases:
Pool type — choose between different volatile pool types and stable-swap pools
Coins filter — use search or pick some from the list, to view only pools with selected tokens
Boosted — pools with additional boost rewards
Pools containing at least one non-whitelisted token will be shown on Pools page only after you import the non-whitelisted token(s).
Learn more
Once you filter pools with more than one token, pairs containing both tokens will be shown first.
Expand / collapse pools within a grouped pair. Press "Show all" to display more than five pools.
Group TVL, Volume, Fees and APR values — are shown as total / average of pools within a pair.
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