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Adding and removing liquidity

Anyone can fund the LP pool to provide liquidity for betting and earn yields.

UBET Sports platform supports multiple tokens as currencies for betting, including USDC, USDT, DGEN, GOON, and CAW tokens.

Adding liquidity

Here we will show two steps to add liquidity to the funding pool. The two steps are:

  1. Approve the liquidity pool address.

  2. Add funding

An example of funding liquidity using GOON tokens (applies exactly the same for other tokens with appropriate addresses in the table above.)

Get the token address and pool address of the token you would like to add from the table above.

  1. Copy the pool address.

  2. Go to polygonscan and enter the token address that you would like to fund. Click the contract

  3. Look go for approval under Write Contract tab.

  4. Copy the pool address underspender (address),enter the amount, and select the decimal places (see the table above). Click Write.

  5. Go to polygonscan and search for pool address. Click the contract

  6. Click addFunding under Write Contract. Enter the amount of liquidity you would like to provide and select the decimal places (see the table above). Click Write.

  7. Click reserve under Read Contract. You will be able to see the total amount of funds in the liquidity pool.

Removing liquidity

Once you would like to withdraw the funds. You can look for removeFunding under Write Contract from the polygonscan/pool address.

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