Providing Liquidity
π§DF Pools (DeXFun Market Pools): The Heart of DeXFun!
Last updated
π§DF Pools (DeXFun Market Pools): The Heart of DeXFun!
Last updated
Liquidity on DeXFun is all about the awesome DF Pools! πββοΈ These DeXFun Market Pools are where the magic happens. As a liquidity provider, you can earn some sweet fees from all the leverage trading action. Jump in, make a splash, and let your liquidity work for you! π¦π°
Index Price Feed: This is your go-to price feed that helps determine when to open or close long and short tokens.
Long Token: This token backs all those exciting long positions youβre aiming for!
Short Token: This little guy supports your short positions when you think the marketβs going down.
Index Price Feed: ETH/USD is your guiding star!
Long Token: ETH tokens are here to back your long adventures.
Short Token: USDT tokens help you navigate the short side.
Dive in and explore the liquidity magic! ππ°
Hey DeXFun community! Ready to jump into the thrilling world of DF Tokens? Weβve got a super simple guide to help you make your purchases smoothly! π
Visit the Pools: Go to DF Pools to kick things off!
Pick Your Pool: Scroll down to find the "Pool" for the DF token you want.
Click the Buy Button: Ready to buy? Just hit the "Buy" button!
Keep an eye on the price impact! Depending on whether your purchase increases or decreases the token balance in the pool, your purchase can change the price. Check the "Buy" box for real-time updates! π
To sell your DF tokens, simply return to the DeXFun Pools. This is your go-to spot for selling!
When selling DF tokens on DeXFun, remember that liquidity is capped based on the total open interest in the market. Hereβs how it works:
Liquidity Cap: The amount of tokens available for redemption is limited by: Tokens in the pool x Pool's Reserve Factor β Reserved tokens.
If the liquidity cap is reached, you might need to wait for one of the following:
Positions to close, freeing up liquidity.
Other liquidity providers add more tokens.
In such cases, the borrow fee rate may increase, which helps encourage other users to deposit more tokens, boosting liquidity for everyone.
Now that you know how to buy and sell DF Tokens, dive in and start trading! The DeXFun community is excited for you to explore and enjoy all the benefits our tokens offer. Happy trading! ππΈ
For more details, check out our DeXFun Pools page!
Did you know the price of DF tokens dances to the tune of long and short token prices, along with the net pending PnL from all the open positions? Letβs dive into the fun world of fees and see how they can sway DF Token prices! ππ
Fees Increase Prices:
When you trade with leverage, those fees can give the price of DF tokens a little boost! Keep this in mind as you make your moves!
Watch for Spreads:
When buying or selling DF tokens, you might encounter a spread for some long and short tokens. This means the price you pay could be different from the price you get when selling. Keep your eyes peeled! π
Balancing the Pool:
DF pools are like tightrope walkers, trying to keep the value of long and short tokens in perfect balance! πͺ If a long tokenβs price rises, it creates a positive price impact, encouraging traders to sell long tokens and help rebalance things. Sometimes pools can get a bit wobbly, but they work hard to stay even!
Pricing Mimics Balance:
When the pool is balanced, the pricing should reflect a fun mix of 50% long tokens and 50% short tokens, adjusting as prices change. Itβs like a dance party where everyone wants to stay in sync!
Understanding these factors can help you trade wisely. Happy trading, everyone! Letβs make those profits soar! ππΈ