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Supply liquidity

Learn how to supply assets to a liquidity pool on Balanced.

You can supply assets to the Balanced exchange to increase the liquidity available for trades. Liquidity pools receive 50% of the trading fees, and if you supply liquidity to an incentivised pool, you’ll earn BALN daily.

Each pool requires an equal value of two assets, so the supply ratio will fluctuate over time. Use this impermanent loss calculator to see how price changes will affect your position.

Supply assets​

Go to Trade > Supply, then:

  1. Choose the primary asset to supply, and pair it with bnUSD or sICX.
  2. Enter an equal value of both assets to supply, or create a new pool to set your own price ratio.
  3. Click Supply or ‘Create pool’, then follow the prompts to add your liquidity to the pool.
The Supply tab on the Trade page, set to supply liquidity to the INJ/bnUSD pool
Can’t see your liquidity?

If you supply liquidity but don’t see it in the app, or you leave the page before the transaction is complete, try to supply a small amount to the same pool. The confirmation modal will include your assets, which you can then remove.

Make sure you leave at least 2-3 ICX in your wallet to cover transaction fees.

Stake LP Tokens​

To earn rewards for incentivised pools, you need to stake LP Tokens (which represent your position in the pool):

  1. Click to expand the pool in the Liquidity Pools section.
  2. Click ‘Adjust stake’ and use the slider to stake your LP Tokens.
  3. Confirm the transaction.
The Liquidity Pools section, set to 'Your pools' with a pool expanded to demonstrate how to stake LP Tokens

You’ll earn rewards as long as your LP Tokens are staked, and you’ll need to unstake them before you can withdraw your liquidity.

Lock up BALN

To earn maximum BALN rewards for your liquidity position, lock up Balance Tokens.

Withdraw liquidity​

To withdraw liquidity, click to expand your pool in the Liquidity Pools section.

Unstake your LP Tokens if staked, then choose the amount to withdraw and complete the transaction.

If you don’t see your liquidity details for a third-party liquidity pool, make sure you haven’t staked your LP Tokens on another platform.

About the liquidity pools​

Some of the liquidity pools on Balanced behave differently to others, as outlined below.

BALN-incentivised pools​

Liquidity pools that are important for trading on Balanced are incentivised with some of the daily Balance Token inflation.

To view all liquidity pools that offer incentives, go to Trade > Supply and check the Liquidity Pools section.

To earn BALN for supplying liquidity to these pools, stake your LP Tokens. To maximise your BALN rewards, lock up Balance Tokens.

To influence the liquidity incentives, learn how to incentivise liquidity pools.

Third-party liquidity pools​

Every pool receives 50% of the fees generated by swaps routed through it.

Liquidity providers may be able to earn additional rewards by staking their LP Tokens on another platform. While your LP Tokens are staked, you won’t be able to view your liquidity details for that pool on Balanced, and will have to unstake your LP Tokens before you can withdraw your assets from the pool.