Farming on Octopools

Unlock Rewards with the Symbiosis Liquidity Program: receive rewards for providing assets to Symbiosis liquidity pools (Octopools).

Rewards for Providing Liquidity

The Symbiosis protocol owns two AMM multi-token liquidity pools: Octopools to implement cross-chain operations. The Symbiosis Octopools are located on the Symbiosis Host Chain.

Once you supply liquidity to one of these pools, you will become a liquidity provider and receive a share of liquidity provider fees at the time you will withdraw your assets from the pool. The longer assets stay in a liquidity pool, the more you receive.

You can withdraw assets in full at any time at your convenience.

Liquidity Provider Fees

The liquidity provider fees are charged for all swaps performed on Octopools. The fees taken during trades are added to the total liquidity of the pool. When a liquidity provider withdraws their assets from the pool, they also receive a proportional share of all fees collected since the liquidity was first added. This mechanism is a part of the AMM pool protocol. The main points here:

• You get rewards once: when you withdraw liquidity,

• The rewards are in the tokens of the pool,

• The reward amount depends on the trading activity in the pool.

User Guide

Adding Assets to Octopool

To add assets to a Symbiosis liquidity pool:

1. Open https://app.symbiosis.finance/liquidity-v2/pools

2. Connect your wallet.

3. Press the Manage button below the token you are going to add.

4. If you see the Switch network to <Network name> button, switch to the network by pressing the button and confirming the action in your connected wallet:

5. Enter an amount you are going to add and hit the Add Liquidity button below.

6. Once tokens get added, you will find them in Symbiosis WebApp > the Pools tab > the My liquidity section

Done ∎

Checking and Claiming Rewards

Liquidity providers are eligible for proportional shares of all fees collected since the liquidity was first added. The reward amount depends on the trading activity in the pool and the liquidity providers will receive the reward at the time the assets are withdrawn from the pool.

To withdraw liquidity, please refer to Octopool: Withdraw Liquidity

Withdrawing Liquidity

To withdraw liquidity, please refer to Octopool: Withdraw Liquidity