DEX Liquidity
psXDC is paired with XDC on the XSWAP DEX, enabling trading and liquidity provision for participants in the XDC Liquid Staking ecosystem.
Why Provide Liquidity?
Enable trading
A liquid psXDC/XDC pool allows seamless swaps between the two tokens.
Earn fees
Liquidity providers earn trading fees on every swap in the pool.
Support the ecosystem
Deep liquidity strengthens psXDC utility and adoption.
Stable ratio
psXDC and XDC maintain an approximate 1:1 ratio.
How to Add Liquidity on XSWAP
1. Access XSWAP
Go to the XSWAP platform and connect your wallet.
2. Select the psXDC/XDC Pair
Find the liquidity pools section and search for the psXDC/XDC trading pair.
3. Prepare Tokens
Ensure you have an approximately equal value of psXDC and XDC in your wallet (the ratio is ~1:1).
4. Add Liquidity
Enter the amounts you want to deposit and confirm the transaction. You will receive LP tokens representing your pool share.
5. Track Your Position
Monitor your position and earned fees through the XSWAP interface.
Managing Your Position
Monitor the ratio - psXDC:XDC is generally ~1:1 but fluctuates with market activity.
Impermanent loss - Be aware of IL risk if the ratio diverges significantly. Use available tools to estimate.
Rebalance - Add or withdraw liquidity periodically to maintain an optimal position.
Claim fees - Trading fees accrue automatically in your LP position. Withdraw LP tokens to claim.
Withdrawing Liquidity
Go to the liquidity pool section on XSWAP.
Select your psXDC/XDC position.
Choose the amount to withdraw.
Confirm the transaction to receive your share of psXDC and XDC plus accrued fees.
Best Practices
Stay informed on staking rewards and market activity.
Diversify across pools to mitigate risk.
Compound returns by reinvesting trading fees.
Follow PrimeStaking and XSWAP updates for pool parameter changes.
Last updated