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Learn more about how to provide liquidity, the risks and benefits of providing liquidity for yourself, and the benefits for the project.
Liquidity can be provided in a few easy steps:
- 2.Add the number of PRE/ETH or PRE/USDT (equivalent in value) you’d like to add to the liquidity pool.
- 3.Approve spending for PRE/ETH on Uniswap, after this smart contract interaction has been approved, click on: ‘Supply’
- 4.That’s it, you’re now a liquidity provider for Presearch on Uniswap!
Providing liquidity on Uniswap comes with volatility risk. If you’re inexperienced, we’d like to recommend you to read about Uniswap pools before doing so. Based on supply and demand, the pool changes and you could end up with a different ETH/PRE or USDT/PRE balance.
Providing liquidity also comes with benefits. Uniswap charges 0.3% transaction fees which liquidity providers share among the total pool. That being said, the more liquidity you provide, the bigger your pool share, the bigger % of total trading fees you receive.
By having more liquidity, PRE will be more accessible for larger clients, traders and new token holders.