Pool Actions
Initial Setup Requirements
Network Connection: Ensure your digital wallet is properly configured and connected to the Klaytn network. This connection enables direct interaction with liquidity pools either through the dedicated interface or via contract API.
Making a Deposit
Procedure: Access the Deposit feature, choose a specific asset (ETH or USDC), and specify the amount you wish to contribute to the pool.
Asset-Specific Exposure: Depositing into a single-asset pool limits your exposure to the profit/loss (P/L) and fees associated with that specific asset. For broader exposure to trading activities across different assets, consider dividing your investments between both the ETH and USDC pools.
Initiating a Withdrawal
Process: Utilize the Withdraw function to select an asset and determine the amount you aim to extract from the pool.
Withdrawal Timing: Funds can be retracted from the pool following a brief cooldown period subsequent to your latest deposit, typically spanning a few minutes to ensure transaction security and stability.
Understanding Fees
Withdrawal Fees: Governed by the platform's governance structure, withdrawal fees are designed to counteract potential risks. These fees, paid by individuals withdrawing funds, are redistributed as rewards among the remaining pool participants, proportionate to their pool share.
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