Nemo Protocol Docs
  • 🐠General
    • Introduction
    • Glossary
  • 👨‍🏫Tutorial
    • Getting Started
    • Yield Tokenization
    • PT
    • YT
    • Yield Trading Strategy
    • Fees
    • Liquidity Provider(LP)
      • Add Liquidity
      • Remove Liquidity
      • LP FAQ
    • Nemo Points
  • 🔗Resources
    • Official Links
    • Press Kit
    • Developers
  • 🪙Token & DAO
    • Tokenomics
Powered by GitBook
On this page
  1. Tutorial
  2. Liquidity Provider(LP)

Add Liquidity

PreviousLiquidity Provider(LP)NextRemove Liquidity

Last updated 1 month ago

Steps for adding liquidity

  1. Connect Your Wallet

  • Open the Nemo Protocol app and connect your preferred Web3 wallet (e.g., Sui Wallet.

  • Ensure you have sufficient funds in your wallet for the tokens you want to deposit.

  1. Navigate to the "Pool" Section

  • Click on the "Pool" or "Liquidity" tab in the main menu.

  1. Select the Token

  • Choose the token you want to provide liquidity for (e.g., SUI/sSUI).

  • Enter the amount and then Nemo will calculate the output automatically.

When adding liquidity with the underlying token (eg. SUI), a portion of SUI will be swapped into PT to form a pair and deposited into the pool. However, when adding a large amount of liquidity, excessive slippage from the swap may cause the system to automatically switch to an alternative method: using part of the SUI to mint PT and YT, then combining PT + SUI to provide liquidity. The remaining YT will be returned to the user.

  1. Approve & Receive LP NFT

  • Click "Approve" to grant the protocol permission to access your tokens (requires a wallet confirmation).

  • After approval, click "Add Liquidity" and confirm the transaction in your wallet.

  • Once the transaction is confirmed, you’ll receive LP (Liquidity Provider) NFT representing your share of the pool.

👨‍🏫