Planet Finance
Liquidity Pools
"Provide liquidity to the decentralized world & earn crypto"

What's a liquidity pool & how are yields generated?

Liquidity pools are pools of two tokens or more locked in smart contracts that provide liquidity in decentralized exchanges. This ensures that you can trade some amount of the crypto's in the LP at any time. When you place your funds into a liquidity pool you're able to earn some of the transaction fees that the buyer/seller pays to transact. In addition to trade fees you can also earn AQUA. If the vaults are aggregated from another protocol, Planet Finance's protocol will automatically take the additional reward token you earn and convert it for you into the tokens you've deposited into the liquidity pool.

How to Transform Tokens & access liquidity pools?

Several liquidity pools now exist directly on Planet Finance. Whenever you use the swap, you're using liquidity that's within Planet Finance's AMM.
To add liquidity you can use Transform Tokens which can be found within any LP vaults by clicking it to reveal the drop down. Transform Tokens allows you to instantly convert the crypto you have into the LP that you want to start earning inside of a vault.
To access liquidity pools manually on Planet Finance, you'll need to get LP tokens to deposit them on Planet Finance. To get LP tokens here are the steps:
  1. 1.
    Click Swap on the left side menu
  2. 2.
    Click Liquidity
  3. 3.
    Click Add Liquidity
  4. 4.
    Select the tokens you want to add
  5. 5.
    Click Supply
  6. 6.
    Click Confirm Supply
For any further questions on this you can ask in our telegram community here:โ€‹

How do I convert LP tokens back into tokens?

We created a seamless way to do this that we call "Convert LP".
You can find the pink "Convert LP" button by clicking on any vault to expand it.
When you're here you can select the token that you want to receive and then click convert.
Last modified 3mo ago