Provide Liquidity.
1. Are you new to Liquidity Pooling?
If this is your first time, we'll run you through some simple training so that you hrasp the intricacies.
2. Watch the "Basic Concepts" video
Have you ever exchanged money when travelling? Liquidity Providers are the ones who would give money to the exchange office for travellers to convert in-and-outof. They earn fees for providing that service.
3. Watch the "Providing Liquidity" video
Before we teach you more advanced concepts, you should understand that you always need to provide 50% ASSET / 50% RUNE in liquidity in pools.
- Either you add liquidity "symmetrically", meaning ASSET + RUNE (this would require ou get your RUNE / ASSET beforehand).
- Or you can add liquidity "asymmetrically", meaning ASSET (this would sell half of your ASSET into RUNE os that you pool 50/50).
Basically, you either get your 50/50 aplit beforehand, or you let the system sell some of your asset to get you the necessary RUNE to join the liquidity pool.
4. Select the chain/asset you'd like to pool
THORChain currently supports BNB chain assets, but they're soon adding BTC, ETH, ATOM, DOT, XMR. Remember, you'll need equal value of RUNE as the asset you pick to use for providing liquidity to buy RUNE, the system can sell half of your selected asset to enter you into the pool with 50% asset / 50% RUNE split required.
Not one of the above? Select or type the asset in the field. The data will be useful to gauge next priorities.
5. Learn about Impermenent Loss aka "IL"
An indirect cost to Liquidity Providers comes in the form of impermanent loss (IL). It leads to potential loss of liquidity provider purchasing power as a result of price slippage in pools. Hoever, this is minimised by THORChain's slip-based fee. On the long term Liquidity Providers should always win however thay may experience some IL as assets diverge from one another. It shouldn't stop one from participating as a liquidity provider because in exchanfe thaey're rewarded in fees. Some call it HODL 2.0 because thay get to stack fees while providing a service with their unproductive assets. Play with the yellow silders to see IL as pooled assets change in vaule and diverge.
RUNE
ETH
RUNE (0%) ETH (0%)
IL (0%)
Worried about IL?
The ETH pool has on average had 40% fees earned which means
that it still yields a 34.4% APY after IL (40% - 5.6% = 34.4%).
6. Discover pools and simulate outcomes
Take the time to reflect on which pool you'd pick, and more importantly, why? You may also simulate yields if you would've had joined the selected pool on the selected date. Click on the asset to expand the view.
ALL
1W
1M
3M
6M
Symbol
APY
Depth
24H Volume
BTCB-1DE
BNB
43%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
BNB
BNB
39%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
ETH-1C9
BNB
40%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
USDT-6D8
BNB
69%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
BUSD-BD1
BNB
65%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
AVA-645
BNB
52%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
TWT-8C2
BNB
94%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
BCH-1FD
BNB
45%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
FTM-A64
BNB
73%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
LTC-F07
BNB
48%
$0
$0
LP vs. HODL
Simulate LP vs HODL
Would you have been better off joining this THORChain Liquidity Pool or HODLing? Enter the amount invested and pick a starting date to find out.
$
+9.6% LP over HODL
+10% Earned Fees
-0.8% Impermenent Loss (IL)
$2,019.97 New Value
+55% APY
Coming Soon
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Last updated 2 minutes ago
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