⚙️Provide & Manage Liquidity

📌 What is Liquidity Providing?

Liquidity providing refers to adding tokens to an existing Liquidity Pool (LP) to facilitate trading and earn rewards. By supplying liquidity, you help maintain a healthy trading environment while earning a portion of the transaction fees.

💡 Why is Providing Liquidity Important?

Without sufficient liquidity, swaps can experience high slippage or fail entirely. By adding liquidity, you ensure smooth transactions and benefit from fee earnings.

🚀 How to Provide Liquidity

👉 Go to Liquidity Pool: https://dexlab.space/pools

Providing liquidity on Solana is simple! Just follow these steps to create your own liquidity pool and start earning fees. 🚀

📌 Overview: Provide Liquidity Steps

1. Connect Your Wallet – First, connect your Solana wallet to interact with the liquidity pool.

2. Select a Liquidity Pool – Choose an existing liquidity pool where you want to add liquidity.

3. Enter the Amount to Provide – Specify how much of each token (Token A & Token B) you want to deposit.

4. Confirm & Add Liquidity – Approve the transaction to provide liquidity and receive LP tokens.

5. Withdraw or Lock Liquidity – Manage your liquidity by withdrawing funds or permanently locking LP tokens.

Step 1: Connect Your Wallet

📌 Before creating your liquidity pool, connect your Solana wallet.

• Click "Connect Wallet".

• A pop-up will appear—select your preferred wallet. (e.g, Phantom, Solflare ...)

• Approve the connection request.

• Your wallet will be used to approve transactions and manage your token.

✅ Once connected, proceed to the next step!

Step 2: Select Liquidity Pool

📌 If you want to provide liquidity to an existing pool, follow these steps:

• Find the Pool

  • Use the search bar to look for a specific liquidity pool.

  • Alternatively, browse the pool list to find the pair you want to add liquidity to.

• Click "Deposit"

  • Once you’ve found the right pool, click the "Deposit" button on the right.

  • This will take you to the liquidity provision page, where you can add funds to the pool.

💡 If the pool doesn’t exist, you may need to create a new one instead.

✅ Once you've selected your pool, proceed to the next step! 🚀

Step 3: Enter the Amount to Provide

📌 Now, decide how much liquidity you want to add to the pool.

• Enter the Token Amount

  • Input the amount of Token A (e.g., DXL) and Token B (e.g., SOL) you want to provide.

  • The system will automatically calculate the required amount for the second token based on the current exchange rate.

• Check the Overview

  • Verify the token pair, fee tier, and current price before proceeding.

  • Ensure that you have enough tokens in your wallet to complete the transaction.

• Click "Add Liquidity"

  • Once you're satisfied with the entered amounts, click "Add Liquidity" to proceed.

  • A confirmation pop-up will appear for you to approve the transaction.

Step 4: Liquidity Successfully Provided! 🎉

📌 Once your liquidity transaction is completed, you will see a confirmation message.

• Transaction Confirmation

  • A green "Transaction Complete" message will appear in the bottom left corner.

  • You can click the transaction link (Tx result) to view details on Solana Explorer.

🚀 Managing Your Liquidity: Withdraw & Permanent Lock

📌 If you have provided liquidity to this pool, you have two management options:

1. Withdraw Liquidity

• Click "Withdraw" to remove your liquidity from the pool

• Enter the amount to withdraw

  • Input the amount of LP tokens you want to withdraw in the provided field.

  • You can use the HALF or MAX buttons for quick selection.

• Estimated Output Tokens

  • The system will calculate the corresponding amounts of Token A & Token B you will receive.

  • The final amount depends on the current liquidity pool ratio.

• Click "Withdraw"

  • Confirm the transaction in your wallet to finalize the withdrawal.

  • Your tokens will be returned to your wallet.

2. Permanent Lock

📌 By permanently locking your LP tokens, you give up control over withdrawing liquidity. This ensures long-term stability for the pool.

• Click "Permanent Lock" to lock your LP tokens forever.

• Enter the amount to lock

  • Input the amount of LP tokens you want to lock in the provided field.

  • Use the HALF or MAX buttons for quick selection.

• Estimated Locked Tokens

  • The system will display how much of Token A & Token B is being permanently locked.

  • Once locked, these tokens can never be withdrawn.

• Confirm & Lock

  • Check the "I agree to lock LP" box to acknowledge the irreversible action.

  • Click "Permanent Lock" to finalize the process.

⚠ Warning:

🔴 This action is irreversible. Once locked, the LP tokens cannot be recovered or withdrawn.

🔴 Make sure you fully understand the consequences before proceeding.

✅ Once confirmed, your liquidity will be permanently locked! 🔒🎉