Creating a Liquidity Pool

Anyone can provide liquidity on sudoswap. You can choose whether you want to buy or sell NFTs across a range of prices, or do both to earn trading fees.

To create a pool, navigate to the Create Pool interface. Follow the steps below depending on the type of pool you want to create.

Trade Pool (Buy and Sell)

  1. On the Create Pool interface, select an NFT collection in the top-left pane.

  2. Optionally, choose an ERC20 token the NFTs should trade against.

  1. Under the Deposits section, choose how much ETH/ERC20 token to deposit (based on how many NFTs you are willing to buy) and which of your NFTs to deposit to seed the pool:

  1. Under the Strategy section, choose a starting Sell price for the pool. The corresponding Buy price is automatically adjusted in the following steps.

  2. Adjust the percentage Fee which will be taken on every trade.

  3. Select a type of price curve from the dropdown box and adjust the curve parameter as desired.

  1. Click "Create Pool" and confirm the approval and pool creation transactions in your wallet.

Buy-Only Pool

  1. On the Create Pool interface, select the Buy pool type in the top right-pane:

  1. Follow the same steps you would to create a Trade pool, as documented above. Notice that:

    • Under the Deposits section, you only choose how much ETH/ERC20 token to deposit (based on how many NFTs you are willing to buy) to seed the pool.

    • Under the Strategy section, the starting price you choose is a Buy price.

Sell-Only Pool

  1. On the Create Pool interface, select the Sell pool type in the top right-pane:

  1. Follow the same steps you would to create a Trade pool, as documented above. Notice that:

    • Under the Deposits section, you only choose which of your NFTs to deposit to seed the pool.

    • Under the Strategy section, the starting price you choose is a Sell price.

Last updated