This is a technical guide on how to use Stellaswap, the premier DEX on the Moonbeam network, focusing on its next-generation Stellaswap Pulsar AMM for Stellaswap concentrated liquidity.
Step 1: Connecting to the Stellaswap dApp
Navigate to the Stellaswap Official platform. Connect your wallet (e.g., MetaMask), ensuring you are on the Moonbeam network.
Step 2: Understanding the Pulsar AMM
The Pulsar AMM is Stellaswap's advanced concentrated liquidity engine. Instead of spreading your capital across an infinite price curve like a classic AMM, Pulsar allows you to define a specific price range for your liquidity. This dramatically increases capital efficiency and your potential fee earnings.
Step 3: Providing Concentrated Liquidity
Go to the "Pools" tab.
Select a pool that uses the Pulsar model.
Click "Add Liquidity."
Set your "Min Price" and "Max Price" to define your active range. The narrower the range, the more concentrated your liquidity.
Deposit your assets and approve the transaction. You'll receive an LP NFT representing your position.
Step 4: Staking for Additional Rewards
You can stake your LP NFT in the Stellaswap yield farming section to earn STELLA rewards on top of your trading fees. You can further boost your earnings by participating in xSTELLA token staking. For a full breakdown of the architecture, refer to the Full Official Documentation.
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