Providing liquidity on @prjx_hl | A visual guide Below an attempt to explain as simply as possible what providing liquidity means and the steps you need to take to provide liq on Project X. Honestly, I find the UX super intuitive but many may have not provided liquidity before so explaining it should help. > In general, providing liquidity is a great way to farm fees especially on super volatile assets while at the same time slowly selling your position/accumulating more of your desired token without affecting the price (if position is large). A great way to DCA in and or out of a project. Things to always monitor: - Current price vs your range: If price moves outside your range, you're no longer earning. So you need to close/adjust your liq position - Trading volume: More volume = more fees. - Impermanent loss risk: Maybe a topic for another day, just know if prices shift a lot, you might end up with more of your less desired token and less of your desired one. - Pool incentives: Some pools offer extra rewards i.e. $kHYPE from @kinetiq_xyz Some tips if it's your first time: - Start with wide ranges to avoid going inactive too quickly. - Pick stable pairs (e.g. HYPE / USD₮0) if you're just experimenting, they’re less volatile. - Don’t “set and forget.” Check your position every few days, especially in volatile markets. -------- Hope this helps, tap/click the image to open it in full.