Liquidity Pools
1.1 Log in to the app
Liquidity pools is the flagship investment product of WX.Network — the decentralized cross-platform multi-currency app based on Waves blockchain technology that allows holding, transferring, trading, investing crypto, creating own tokens and much more.
1.2 Top up your wallet
Before you start earning with Liquidity Pools, make sure that you have crypto tokens in your wallet.
If you are new to WX.Network and your wallet is empty, you will need to top it up with some tokens first. There are liquidity pools that accept deposits in all the popular tokens such as BTC, ETH, WAVES, USDT, EGG etc, so you will need to deposit from other wallets or buy some of these with a bank card.
2.1 Select a pool
Navigate to the Liquidity Pools page and select a pool from the list.
There are pools with various token pairs that correspond to the spot trading pairs. Every pool has its own APY level that depends on the spot trading activity and can also be regulated by the community voting.
The Total Annual Percentage Yield (APY) consists of vAPY and tAPY
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vAPY (variable) is based on today’s spot trading activity of the related trading pair — more activity means higher percentage.
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tAPY (token) is based on the current price of the reward token (WX) and the reward rates regulated by the community voting.
2.2 Deposit and stake
Navigate to 'Deposit' tab and specify the amount to deposit. Please note that you can make a deposit either with two tokens of a pool, for example with WAVES and USDT or with just one token (any of the pair).
Click 'Deposit & Stake'. Well done, your transaction is on the way.
3.1 Boost your rewards up to x3!
Please note that boosting requires locking WX token.
If you don’t have WX token yet, there are few ways to get it:
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You can become a liquidity provider by investing in a liquidity pool. You will receive an LP token in return. You can stake your LP token to receive regular rewards in WX.
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You can get WX token by trading on WX.Network just like any other verified token.
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You can buy WX token with a bank card.
3.2 Lock WX
On the 'WX staking/Boosting' page, specify the 'Lockup Period' and the 'Amount', then click 'Stake WX'. Well done, your transaction is on the way.
4. Claim rewards
Track your investment progress and claim accumulated rewards on the Dashboard page.
Want to get started?Meet WX.Network
Great rewards and the lowest fees. Retain full control over your funds. WX.Network is fully decentralized. Earn passive income from your crypto tokens, all you need to do is provide liquidity.
