How to add a new liquidity position to CenturionDEX v2#
CenturionDEX v2 lets liquidity providers add liquidity across the full price range of a token pair.
To add a new liquidity position to CenturionDEX v2:
- Open the CenturionDEX web app and connect your wallet. Then select Pool.
- Select New.
- Select the version drop-down.
- Select New v2 position.
- Select the first token drop-down.
- Select the first token you want to add liquidity with. Consider the Total Value Locked (TVL), trading volume, and token pricing when choosing tokens. The CenturionDEX Explore page provides this information for existing pools.
- Select the second token drop-down.
- Select the second token you want to add liquidity with.
- Select Continue.
- Enter the amount of tokens you want to add liquidity with, or select Max to use the maximum amount available.
- Select Review to see the details of your liquidity.
- Select Create.
- In your wallet, approve CenturionDEX to access your tokens. This step requires a network cost.
- In your wallet, confirm the creation of your liquidity position. This step requires a network cost.
- A confirmation notification appears once the transaction is complete.
Once complete, v2 LP tokens are sent to your wallet. These tokens represent your ownership of the liquidity position. For more information, see Why is liquidity position ownership represented by tokens or NFTs?
You can view and manage your liquidity position in the Pool section of the CenturionDEX web app.