🐋Orca Liquidity Pools
Documentation for adding liquidity to CMFI liquidity pools on Orca.so
Last updated
Documentation for adding liquidity to CMFI liquidity pools on Orca.so
Last updated
On Solana, you can provide CompendiumFi liquidity on Orca. This enables you to receive a dynamic APY% incentive for supplying liquidity.
There is a risk of Impermanent Loss (IL) while supplying liquidity for decentralized pools. Please ensure you are familiar with this practice before providing liquidity on any decentralized protocol.
To supply liquidity on Orca, simply head to https://www.orca.so/pools.
Connect a Solana-supported wallet by clicking the top right tab “Connect Wallet.” Find CMFI liquidity pool by filtering your search by writing CMFI in the text box.
To deposit funds simply click “Deposit” and determine the amount of CMFI you wish to deposit into the liquidity pool.
After you click deposit, you will be required to approve the transaction via your wallet extension.
To remove your deposit from a liquidity pool, you need to click “Withdraw” on the Orca dashboard. This will open a new display that enables you to withdraw any percentage amount of your deposit.