Providing Liquidity
Last updated
Last updated
Providing liquidity on Mero is simple and works similarly to other DeFi protocols. Any user who holds supported pool assets can deposit them into a single-asset pool in exchange for LP tokens. The steps to providing liquidity are further outlined by the following:
Connect wallet to Mero (currently supports MetaMask and WalletConnect)
Deposit assets into a liquidity pool
Receive Mero LP tokens
Users can withdraw their liquidity at anytime in exchange for their LP tokens. Liquidity that is registered to an Action must be unregistered prior to withdrawal.
