Providing Liquidity on Osmosis
Osmosis is the most popular decentralized exchange (DEX) on Cosmos ecosystem. SYNT token can be traded on app.osmosis.zone against any other asset listed there thanks to the Osmosis swap router.
SYNT liquidity can be added to the SYNT/USDC pool. The process is straightforward, as it is done via UI:
- Head to the pool page.
- Connect Keplr wallet with SYNT and/or USDC liquidity. Note you will still need USDC, OSMO or another asset, which is accepted as gas fees in this address.
- Click Create Position.
- Select Manual strategy (you can also use Managed, if you know what you are doing, but this guide doesn't cover this option).
- Select the amounts and volatility strategy.
- Click Add Liquidity.
- Sign with your wallet and confirm. You are now a liquidity provider.
Supercharged liquidity pool uses similar logic as concentrated liquidity pool on Uniswap V3.