VOLTAGE FINANCE
  • Welcome
    • ๐Ÿ‘‹Introduction
    • ๐Ÿ”„Fuse Ecosystem Round
    • ๐ŸGetting Started
      • ๐ŸšฐFaucet
      • ๐Ÿ’ฐSetup your wallet
        • ๐Ÿ’ตThe Volt App
        • ๐ŸฆŠMetamask
  • THE PLATFORM
    • ๐ŸŒˆAlgebra Migration
    • ๐Ÿ’ฑTrading
    • ๐ŸŒŠLiquidity Pools
      • ๐Ÿช„ZAP to provide liquidity
      • ๐ŸŸขVoltage v3: Concentrated Liquidity
      • ๐Ÿ’ฅBoosted Rewards on V3 Pools
    • ๐Ÿ‘ฉโ€๐ŸŒพYield Farming
    • ๐ŸŒ‰Bridge
      • Fuse-Ethereum Bridge Tutorial
      • Fuse-BSC Bridge Tutorial
      • Fuse-Solana Bridge
    • ๐Ÿ“Staking
      • sFuse (Liquid staking)
      • veVolt
      • xVolt
      • Simple Staking (USDC & ETH)
    • ๐Ÿช™fUSD v3
    • ๐Ÿš€ Launchpad
    • ๐Ÿ’ผLend & Borrow (Beta)
      • โ“FAQ
      • ๐ŸงชLending & Borrowing tutorial (Beta)
      • ๐ŸŒŠLiquidations
  • Specifics
    • ๐Ÿ“ˆTokenomics v2.0
  • ๐Ÿช™Tokenomics v1.0
  • ๐Ÿ›๏ธGovernance
  • ๐Ÿ‘จโ€๐Ÿ’ปContracts
  • ๐Ÿ‘ฎAudits
  • ๐Ÿ“–Glossary
  • Volt App
    • ๐Ÿ“ฒFuse Cash to Volt funds migration explainer
    • Privacy Policy
    • Terms of service
Powered by GitBook
On this page
  • How ZAP makes providing liquidity a simple thing
  • How to ZAP?

Was this helpful?

  1. THE PLATFORM
  2. Liquidity Pools

ZAP to provide liquidity

Zap allows you to create an LP position with only one token.

PreviousLiquidity PoolsNextVoltage v3: Concentrated Liquidity

Last updated 1 year ago

Was this helpful?

How ZAP makes providing liquidity a simple thing

Before we dive into the mechanism that runs ZAP, let's briefly look back at what liquidity pools are: . So, how does ZAP benefit the user, and how does it remove one of the barriers we usually stumble upon when exploring DeFi? Imagine you would like to add liquidity to a specific liquidity pool. This usually requires you to have at least two different tokens (needed for the liquidity pool) in your wallet. If you have only one of them, you would usually have to sell part of it for the other token before pairing them up and depositing into a liquidity pool. With ZAP, you need only one token. ZAP does most of the work for you: it swaps half of the amount of the tokens (you selected to create the LP) for the other tokens needed for the LP, pairs them up and deposits into the pool you previously selected, then returns the LP tokens to your address. In one transaction.

How to ZAP?

As simple as that, ZAP does all the work for you. It swaps half of your existing tokens for the other, deposits them into a liquidity pool, and then returns the LP tokens to your wallet. And all that in just one transaction! You are now ready to farm with your LP tokens.

๐ŸŒŠ
๐Ÿช„
๐Ÿค
https://docs.voltage.finance/intro/the-platform/liquidity-pools
1.Head to the Liquidity section and select "ZAP". Next, select the token you would like to use to create the LP.
2. Now select the amount of the tokens you would like to use to create an LP and press the "Zap" button.
3. Press "Confirm Your Zap". You will be prompted to sign a transaction in your wallet. Confirm the transaction and let the code do the rest.