Stable Swap Pool
Best suited for similarly priced tokens like stablecoins.
Last updated
Best suited for similarly priced tokens like stablecoins.
Last updated
A stableswap is an automated market maker (AMM) optimised for similarly priced tokens and provides minimum slippage and efficient liquidity provision.
Stableswap combines the constant product and constant sum functions to achieve minimum slippage and provide a balanced pool. This function acts as a constant sum when the pool is balanced, providing low slippage trades, and shifts towards a constant product as the pool becomes more imbalanced to ensure the pool never runs out of liquidity.
For an in-depth explanation of Stable Swap Pools by Dexter, click here.
Step 1: Go to Pools page. https://app.dexter.zone/pools
Step 2: Click "Create New Pool" button.
Step 3: Choose Pool Type - in this case, Stableswap Pool is selected as the preferred pool type.
Step 4: Select Token Pair for Stable Swap Pool
Step 5: Assign token weight and repeat until all tokens have been added; ensure weights add to 100%.
[Optional] Step 6: Add Liquidity by entering a >0 amount of each token to add liquidity to the pool upon creation.
[Optional] Step 7: Set Pool Rewards Schedule by selecting reward token and amount, and rewards time period.
Step 8: Confirm Pool and Fee Summary Details
Step 9: Create Proposal for setting up the Stable Swap Pool. Title and Description for the proposal are pre defined as per the pool details. Additional information, if necessary, can be included within the additional message text box.
Step 10: Continue to approve the transaction with the connected wallet.
🥳 Congratulations! You have created a Stable Swap Pool with your preferred tokens, a confirmation message would be displayed in the bottom right.
Proposal is created and upon approval from the Persistence Governance, the pool will be created and accessible on the UI.