04. Liquidity Pools & Staking
Last updated
Last updated
Providing liquidity can be criterion for receiving airdrops. By contributing liquidity, you're essentially making it easier for transactions to occur on that network, which can be valuable to the protocol's functioning and growth.
In addition to potentially receiving airdrops from the main network for your liquidity contributions, there's also a chance to be rewarded by protocols that don't have their own native token. In such cases, your contribution of liquidity might be recognized and rewarded in different ways, potentially through other tokens or forms of compensation linked to the protocol's ecosystem or its partners.
KyberSwap offers two types of liquidity pools: KyberSwap Classic and KyberSwap Elastic. If you’re interested in adding liquidity to an existing pool, you can follow the guide on how to add liquidity to an existing liquidity pool on Elastic or Classic.
Select pool you want to supply
Set the price range in which your liquidity will be active
Choose how much you want to supply
Confirm
Symbiosis owns liquidity pools on various chains such as Uniswap on Ethereum, Sushiswap on Arbitrum, and Pancakeswap on the BNB chain 2. The liquidity pools are used to run cross-chain operations, and every cross-chain operation performed via Symbiosis passes through one of the Octoppols 3. Any user who adds assets to an Octoppol becomes a liquidity provider and receives rewards for providing liquidity
Click "pools" on menu bar
Select interesting pool from the list
Add liquidity
Check our full guide for more assistance
