Add Liquidity

YouSwap allows you to provide liquidity by adding tokens to the fund pool.

When you add tokens to the liquidity pool, you will receive liquidity pool (LP) tokens.

For example: if you deposit YOU and USDT into the liquidity pool, you will receive YOU-USDT LP tokens.

The number of LP tokens you receive represents your share in the YOU-USDT liquidity pool.

⚠️Note: The initial liquidity addition can customize the exchange ratio of the two tokens. To avoid your loss, please confirm the ratio of the two tokens added.

Add Liquidity: Join the LP to get LPtoken

1. Select the corresponding currency pair to add liquidity (taking YOU/USDT for example).

• Select the corresponding token, and enter the volume in the input box to automatically calculate the required volume in another currency.

• The price of currency pair and its pool share can be checked on the interface.

• Ensure that the volume entered in two currencies <= corresponding balance.

• approve the corresponding currencies separately and pay the Gas fees (it takes a certain time for authorization to be confirmed by the block).

2. After approve, the [Supply] button turns green from gray, and click the [Supply] button to add liquidity.

3、 The pop-up window says “You will receive XXX YOU/USDT Pool Tokens”. Click [Confirm Supply] and pay Gas fees, and the transaction will be completed.

4. Click [My Liquidity] to check whether liquidity has been added successfully. If there is no display, click [Import it] to import the liquidity.

Providing liquidity is not without risk, because you may suffer a loss without a taste.

To put it simply, no taste loss is the difference between the amount of tokens deposited in AMM and in the wallet.

“Simply put, impermanent loss is the difference between holding tokens in an AMM and holding them in your wallet.” - Nate Hindman

For liquidity providers, you can pledge LP for mining to obtain YOU income. Learn about pledge mining