SaucerSwap V1

How to Create a Liquidity Pool: Written Guide

Prerequisites

Launch the web-app and connect your wallet.

Ensure you have sufficient HBAR for network fees and tokens for liquidity provision.

Navigate Interface

Head over to the "Liquidity" page and select the "SaucerSwap V1" tab.

Click on an arbitrary V1 pool to navigate to its subpage

Below the header, find selectors for TokenA and TokenB. Choose the tokens you intend to pool by clicking on each selector and navigating through the menu. Once completed, you will be directed to a new page.

SaucerSwap V1 supports tokens with fractional fees but not those with fixed fees. In fractional fee tokens, the fee is deducted from the transaction amount, such as during a swap. However, for fixed fee tokens, this fee is applied separately. A workaround for fixed fees in SaucerSwap V1 is to set a fractional fee at 0% and use a fallback. For detailed guidance on implementing custom fees in the Hedera Token Service (HTS), refer to the Hedera Docs.

Setting Ratio

In the "Manage Position" tab, input the initial amounts of TokenA and TokenB. The ratio between these tokens sets the pool's initial price. Aim to approximate market prices to avoid immediate arbitrage.

Pool Fee

Be aware that creating a pool incurs a $50 fee in HBAR as a security measure.

Final Step

Confirm all details and click the "Approve & Supply" button to create the pool. You can now view the pool's information on its new subpage.

How to Manage a Position: Written Guide

As a liquidity provider, I want to supply liquidity to a specific pool so that I can earn fees. Once my liquidity is supplied, I wish to stake my LP tokens to accrue additional farming rewards. After waiting for a suitable amount of time to maximize my yield, I want to harvest my farm rewards. Finally, after a second waiting period to accumulate more fees, I aim to unstake my LP tokens and withdraw my liquidity from the pool.

Prerequisites

Launch the web-app and connect your wallet.
Ensure you have sufficient HBAR for network fees and tokens for liquidity provision.

Navigate Interface

Available pools are found on the "Liquidity" page
Existing positions are accessible via either the "V1 Positions" tab of the "Portfolio" page or directly from the "Liquidity" page.

Supply Liquidity

Navigate Interface

Inside the "Manage Position" tab, select "Supply."

Add Liquidity

Enter how much of TokenA or TokenB you want to add.
Click "Approve & Supply" and complete the transaction in your wallet.

Withdraw Liquidity

Navigate Interface

Inside the "Manage Position" tab, select "Withdraw," and locate the "Remove Liquidity" section.

Remove Liquidity

Specify the number of LP tokens you wish to redeem.
Click "Approve & Withdraw" and complete the transaction in your wallet.

Note: In contrast to V2, where fees are manually claimed, fees in V1 directly accumulate in the pool, increasing the value of each LP token. To claim your share of earned fees, simply withdraw liquidity.