Backstop Pool
Last updated
Last updated
To deposit liquidity, navigate to the Backstop Pool section and click the "Add Liquidity" button. A popup will appear, showing the following details:
The number of Backstop Pool LP tokens you currently own.
Your balance of pool tokens, which indicates the maximum number of tokens you can deposit.
Enter the amount of pool tokens you want to deposit. You can use the "50%" or "MAX" buttons to select 50% or 100% of your available balance automatically.
The current total number of LP tokens issued by the Backstop Pool and your share of these tokens.
Click the button to proceed with the deposit. Typically, you’ll need to approve the amount first (the button will read "Approve"). Once approved, click the button again to complete the deposit (the button will then read "Deposit").
To deposit liquidity, go to the Backstop Pool section and click the "Withdraw" button. A popup will appear, displaying the following details:
Select "Backstop Pool" from the drop down.
The number of Backstop Pool LP tokens you own, representing the maximum amount you can redeem.
Your current balance of pool tokens.
Enter the amount of LP tokens you wish to redeem.
The number of pool tokens you will receive based on the amount you redeem.
The current total number of LP tokens issued by the Backstop Pool and your share of these tokens.
Click the button to execute the withdrawal.
