Skip to content

Update lpstaking.md #158

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Open
doctorrobinson wants to merge 1 commit into
base: master
Choose a base branch
from
Open

Update lpstaking.md #158

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
6 changes: 6 additions & 0 deletions content/pokt/wpokt/lpstaking.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -13,6 +13,12 @@ aliases:
description: Guidance for liquidity pool staking for you wrapped POKT.
---

### Where can I find the Uniswap Liquidity Pool?

https://v2.info.uniswap.org/pair/0xa7fd8ff8f4cada298286d3006ee8f9c11e2ff84e

<img width="1424" alt="image" src="https://github.com/pokt-foundation/docs/assets/6369871/a662d3a6-0a5d-4f49-94e8-e1c8e2d583b0">

### How does providing liquidity for wPOKT work?

Providing liquidity for wPOKT will be done through Uniswap v2, an automated market maker on Ethereum. In taking a liquidity provider (LP) position in Uniswap v2, you are providing both wPOKT and ETH in equal portions of USD value and putting them into a constantly rebalancing 50/50 basket, rebalancing in line with market price movements. For wPOKT, Uniswap v2 was chosen over the more recently deployed Uniswap v3, as v3 requires a much more active process of dynamically adjusting price ranges to provide liquidity, limiting community participation as LPs. Uniswap Liquidity providers help improve the liquidity of wPOKT while allowing LPs to earn Uniswap trading fees and POKT liquidity incentives provided by the DAO. You can learn more about how Uniswap works here - [Uniswap 101](https://blog.uniswap.org/what-is-uniswap).
Expand Down