How to Provide Liquidity for PLX-ETH on Uniswap V3
Last updated
Last updated
PLX-ETH LP is using Uniswap v3, which allows users to concentrate their liquidity position within a custom price range.
To provide liquidity on Uniswap v3, follow these steps:
Visit PLX-ETH LP on Uniswap
Make sure the selected token pair is PLX and ETH
The current main fee tier is 0.3%
Set the Price Range for the liquidity position. You can enter a specific range or the full price range. If the price moves out of the set range, the liquidity position will be concentrated into one of the two assets and not earn fees.
Enter the amount of PLX and ETH tokens to deposit into the liquidity pool. Once users enter a Deposit Amount for one token, the other box will automatically populate to adjust to the correct ratio for the set price range.
Preview the liquidity position, then select Add. You may need to complete an approval transaction to approve the tokens used by Uniswap for this transaction.
Once completed, you can view and manage your liquidity position from the v3 Pool Page.