Providing Liquidity
Overview
By providing liquidity to USX trading pairs, you can earn passive income through trading fees.
USDC-USX Liquidity Pool
The primary liquidity pool for USX is the USDC-USX pair available on Honeypop. When you LP on the USDC-USX pool, you can earn trading fees generated by users using the pool.
LP also has a 5x points multiplier which you can find it in Points Program.
How to Provide Liquidity
Visit Honeypop Pools
Connect your wallet.
Select the USDC-USX pool
Enter the amount you want to provide in either token. Honeypop will automatically calculate the balanced amount of the other token needed based on the current pool ratio
Approve the tokens and confirm the transaction
Receive LP tokens representing your share of the pool
While liquidity provision can earn you trading fees, it's important to understand impermanent loss. Though minimal in stablecoin pairs, price fluctuations between USDC and USX can still impact returns.
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