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2024-04-11

How to Make Money Providing Liquidity on Permaswap?

Title: How to Make Money Providing Liquidity on Permaswap?

Abstract:

Taking the AOCRED/AR trading pair as an example.


Preparation

  1. Download and Install Arconnect Wallet: Download the Arconnect browser-extension wallet and complete the installation.

    Download link: https://www.arconnect.io/

  1. Create a New Address for LP: Please create a new address specifically for LP in the Arconnect wallet.

  2. Register an everPay Account: Register an everPay account using your LP address.

    Registration link: app.everpay.io

  3. Deposit LP Funds: After completing the account registration, please deposit the assets you intend to use for LP into your everPay account.

Running Nodes

  1. Download the LP Client: Download and install the corresponding version of the LP client based on your system type.

    Download link: https://app.permaswap.network/staking

  1. Running LP Nodes:

  • You need to complete steps such as importing the keyfile, setting the range, adding assets, etc., in sequence. We provide detailed video tutorials for your reference.

Permaswap - How to provide liquidity on Permaswap.mov

Stay Online

  1. Keep the Node Online: Keep your LP node online. Every transaction your node processes earns you transaction fees and liquidity mining rewards, so make sure your node stays online 24/7!


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<aside> 💡 Initiated by everVision and sponsored by Forward Research (Arweave Official), PermaDAO is a "Cobuilding Community" focus on the theme of Arweave consensus storage. All contributions from PermaDAO contributors form the bedrock of data consensus. Let's embark on a journey starting with data consensus and delve into a novel paradigm for decentralized collaboration - Decentralized Autonomous Organizations (DAOs)!

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