Skip to content

Liquidity Baking functionality addition  #394

@vgaudis

Description

@vgaudis

We want to offer the possibility for the Tezos ecosystem to provide Liquidity on the different Liquidity Pools (LP) options available and access to it directly through Galleon wallet.
We are going to start by adding the Liquidity Baking (LB) which is a unique flavor of Liquidity pool that was released during Granada upgrade. More details on the LB below.

UX-wise we want to propose 2 options:

  1. Adding a Liquidity section on the left of the wallet between Beacon Status and Tokens.
    Then the screen "Add Liquidity" will be displayed with XTZ first then tzBTC -> XTZ/tzBTC
    Here are 2 examples of such a screen ->
    https://quipuswap.com/invest/add-liquidity
    https://raydium.io/liquidity/
  2. Adding a Liquidity tab to both the wallet Manager landing page (which is also the XTZ token landing page) and the tzBTC token landing page. The same Add Liquidity screen will appear on both cases.
    You could do 1) - 2) or both. TBD

On the XTZ/tzBTC add liquidity page, we will add a message to specify that this is Liquidity Baking and not liquidity addition to a regular Liquidity Pool. Message TBD.

More context on Liquidity baking:
https://midl-dev.medium.com/liquidity-baking-in-granadanet-how-it-works-e60c82bee6f1
http://www.liquidity-baking.com/

Example of existing Tezos app allowing to participate to Liquidity Baking:
https://quipuswap.com/invest/add-liquidity/KT1PWx2mnDueood7fEmfbBDKx1D9BAnnXitn
https://madfish.crunch.help/quipu-swap/i-have-added-liquidity-to-quipu-swap-how-much-will-i-earn-what-is-the-apy-of-your-dex

Metadata

Metadata

Assignees

Labels

No labels
No labels

Type

No type

Projects

No projects

Milestone

No milestone

Relationships

None yet

Development

No branches or pull requests

Issue actions