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How to provide liquidity on Emeris
On Emeris, users can participate in LIKE liquidity pools for liquidity providing to earn swap fees.
Please note providing liquidity may result in impermanent loss, assess the risks before you dive into the ecosystem.
Liquidity providing requires registration of Keplr wallet
and depositing LikeCoin to Keplr.
Providing liquidity to the liquidity pool
Step 1: Connect Emeris
Go to the Emeris website https://app.osmosis.zone/, click the top right hand corner "Connect wallet".
On Connect your wallet, click "Connect Keplr".
Step 2: Select Pool
Login and select "Pools".
Then select ATOM-LIKE liquidity pool.
Step 3: Add liquidity
On the ATOM-LIKE pool, click "Add liquidity" on the right hand side of the screen.
The ratio of ATOM-LIKE pool is 50%/50%, fill the number of ATOM and the number of LIKE will be filled in automatically and vice versa. You can check on the Receive LP asset which is your proportion in the liquidity pool and Fees (included), If everything is OK, click "Continue".
Step 4: Bring LIKE into the Cosmos Hub
The operation of Emeris is on Cosmos Hub, therefore you have to transfer your LIKE to Cosmos Hub. On Pools are on the Cosmos Hub, click "Continue".
The following shows the LIKE is transferred from LikeCoin chain to Cosmos Hub and the Transaction fee, Click "Confirm and continue".
On Keplr pop-up screen, click "Approve" to continue.
The Transferring screen appears.
Transfer completed and showing the Transferred screen, you can click on "View on explorer" to check on the details, then click "Continue".
Step 5: Confirm adding liquidity
Ｏn Review your pool liquidity provision, showing the ATOM and LIKE that you add to the liquidity, receive (estimated) LP asset and the Transaction fee. If everything is OK, click "Confirm and continue".
On Keplr pop-up screen, click "Approve" to continue.
The Adding liquidity screen appears.
Liquidity is added successfully, you can click "View on explorer" and go to Mintscan to check the transaction.
Click "Done" and back to the ATOM-LIKE liquidity pool, on Equity will show the liquidity that you provided. Click "Add" can add more, or "Withdraw" to withdraw liquidity.
Emeris is on Beta and there are no liquidity mining rewards at the moment.
Last modified 5mo ago