Adding Liquidity
Important Points to note while adding liquidity:
- While adding liquidity to existing pools users should ensure that liquidity is being added to the correct pool (stable or volatile)
- The relative price of assets in the pool is correct (especially while new pools are being added)
- Attaching a veVOLT NFT to earn boost
When a user adds liquidity for the first time, the user has to undergo 3 approvals;
- 1.Approve spend of token 1 by Voltswap smart contract
- 2.Approve spend of token 2 by Voltswap smart contract
- 3.Deposit token 1 and token 2 into the liquidity pool