🏋️Weighted Pool
Suits all assets
Last updated
Suits all assets
Last updated
A custom weighted pool AMM mechanism inspired by Balancer, which allows users to create a custom pool of assets and choose their weightage for each asset, such as pools with 60/40 or 60/20/20 weightage, in contrast to the constant product AMM mechanism, which only offers 50/50 weightage. This pool type supports up to 8 assets in a single pool.
For an in-depth explanation of Weighted 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, Weighted Pool is selected as the preferred pool type.
You will need 250 XPRT to create the pool and 3500 XPRT as a proposal deposit for the governance proposal.
Step 4: Select Token Pair for Weighted Pool
Minimum of 2 tokens will need to be selected in order to Create a New Pool.
Step 5: Assign token weight and repeat until all tokens have been added; ensure weights add to 100%.
The default settings for Swap Fee follows protocol recommendations but can be modified to align with your preferences.
[Optional] Step 6: Add Liquidity by entering a >0 amount of each token to add liquidity to the pool upon creation.
If there's an insufficient balance for any assets, users can deposit those assets first and then proceed to add liquidity to the pool during its creation. Dexter recommends bootstrapping the liquidity with a minimum of $1,000 in the ratio selected.
[Optional] Step 7: Set Pool Rewards Schedule by selecting reward token and amount, and rewards time period.
Setting up the rewards schedule is optional and can be done post pool creation. To set a rewards schedule for pool, click this link.
If there's an insufficient balance for any assets, users can deposit those assets first and then proceed to add liquidity to the pool during its creation.
Step 8: Confirm Pool and Fee Summary Details
Step 9: Create Proposal for setting up the Weighted 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 Weighted 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.
If you need any additional support, please raise a ticket on our Discord server, and the Dexter Team will be available to help.
