Celestium Network
  • Introduction
    • Overview
    • About Us
  • Getting Started
    • Node Installation
    • Running a Full Node
    • Connecting to Celestium Network
  • Deploy on Celestium
  • Guides
    • Submitting Transactions
    • Querying Blockchain Data
    • Using Wallets
    • Developing Smart Contracts
  • Monitoring
    • Node Performance Metrics
    • Logging & Troubleshooting
  • Consensus
    • CelesBFT Overview
    • Proof of Authority + AI (PoAi)
    • Finality & Block Time
  • Execution
    • Asynchronous Execution
    • Parallel Execution
    • Optimistic Execution
  • Database
    • CelesDb Overview
    • State Storage Optimizations
  • Transaction Lifecycle
    • Transaction Submission
    • Mempool Propagation
    • Block Inclusion
    • Local Execution
    • Querying the Outcome
  • System Design
    • Accounts & Transactions
    • Gas Fees & Priority Gas Auction
    • Linearity of Blocks & Transactions
  • Hardware Requirements
    • Recommended Node Specifications
  • Tokenomics
  • DEX GUIDE
    • How to Add Liquidity
    • DEX Testnet Contracts
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  • Prerequisites
  • Step-by-Step Guide
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  1. DEX GUIDE

How to Add Liquidity

PreviousTokenomicsNextDEX Testnet Contracts

Last updated 4 days ago

Providing liquidity on Celestium Swap Testnet allows users to contribute assets to liquidity pools, enabling seamless token swaps while earning rewards from transaction fees. Follow the steps below to add liquidity to the Celestium Swap Testnet.

Prerequisites

Before proceeding, ensure you have the following:

  • A MetaMask wallet or any Web3-compatible wallet.

  • Sufficient CLT tokens and the paired token in your wallet.

  • Connected to the Celestium Testnet network.

  • Access to Celestium Swap Testnet.

Step-by-Step Guide

1. Connect Your Wallet

  1. Navigate to Celestium Swap Testnet.

  2. Click "Connect to a wallet" in the top-right corner.

  3. Select MetaMask or another compatible wallet and approve the connection.

  4. Ensure that you are connected to the Celestium Testnet.

2. Navigate to the Add Liquidity Page

  1. Click on the "Liquidity" tab in the navigation menu.

  2. Select "Add Liquidity" to proceed.

3. Select Tokens & Input Amounts

  1. Choose CLT as the first token.

  2. Select a second token from the available options.

  3. Enter the amount of CLT and the corresponding amount of the second token.

  4. Ensure both token values are correctly balanced based on the pool’s ratio.

4. Approve Tokens for Liquidity

  1. If this is your first time adding liquidity, click "Approve" next to both tokens.

  2. Confirm the approval transaction in your wallet.

5. Supply Liquidity

  1. Click "Supply" to proceed.

  2. Review the transaction details, including pool share and expected returns.

  3. Confirm the transaction in your wallet.

  4. Once confirmed, your liquidity is successfully added, and you will receive Liquidity Provider (LP) tokens.

6. Verify Your Liquidity

  1. Navigate to the "Liquidity" tab.

  2. Check the list of liquidity pairs where you have contributed funds.

  3. Your added liquidity and earned rewards will be displayed.

Additional Notes

  • Removing Liquidity: To remove liquidity, go to the "Remove Liquidity" section, select your LP tokens, and withdraw your assets.

  • Gas Fees: Transactions on the testnet may require a small amount of test CLT tokens.