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Depth Liquidity Management Tutorial
Learn how to Manage Liquidity on Depth
This is the tutorial for how to deposit and withdraw assets (add liquidity and remove liquidity) on Depth. Before logging in, the wallet need to be set up first. Make sure that your wallet supports HECO or BSC network. Details about Wallet Settings:

I. How to Add Liquidity

1. Go to the Liquidity Management Page

Find Pools on the navigation bar, and then go to Liquidity Managment.
Click Add Liquidity on the bottom of the screen. For now Depth supports the liquidity adding for HUSD and some other assets.
Before confirming adding, please approve the assets involved in your wallet first.

2. Put in the Amount

Put in the amount of assets that you want to deposit.

3. Deposit in a Balanced Proportion

The system defaults to check the "Deposit in a Balanced Proportion" option, and the amount of each stablecoin to be deposited will be consistent with the proportion of the existing coins in the pool. In this way, the deposit slippage is almost zero. (So users can deposit at the market price and get LP tokens)
If you are extremely familiar with the Depth product, you may deposit single stablecoin by not checking the "Deposit in a Balanced Proportion" option. Depositing single stablecoin can earn you bonus as well as generate slippage and cause loss. Please pay attention that if you deposit large amount of single stablecoin and the amount far exceeds the what has already been in the pool, the slippage will be very high.This will reduce the number of LP tokens you get and cause loss. When depositing a large amount of coins, it is highly recommended to check the "Deposit in a Balanced Proportion" option.
To check the detailed proportion of the stablecoins in the pool, please visit the swap page: https://depth.ht/swap/stable
USDT takes up for less than 50% now in the pool, so depositing single USDT can earn you Deposit Bonus. HUSD takes up for more than 50% now in the pool, so depositing single HUSD will generate high slippage and cause loss.

4. Instruction of Extra Functions

MAX

Click 【MAX】to put in the largest amount of coins that you can deposit.

II. How to Remove Liquidity

1. Go to the Liquidity Management Page

Find Pools on the navigation bar, and then go to Liquidity Managment.
Here you can see your liquidity. Click the drop down button, and then click Remove.

2. Select the Percentage to be removed

You can select the percentage to be removed by dragging the ruler here.
Then click Remove and confirm the information.

3. Notice

To protect users, the system defaults to withdraw tokens in a balanced proportion.

III. Risk Reminder

Depth is a non-custodial stablecoin swap DeFi protocol. Due to the characteristics of DeFi and crypto assets, using Depth may have the following risks:
    Depth's own smart contract has a bug or is attacked.
    Permanent loss caused by the decoupling of a certain stablecoin.
    Risks of other related protocols.
As users of DeFi protocols, please do not underestimate the risks associated with providing liquidity to Depth or other DeFi protocols. Even though there has been a long period of operation and testing, as well as continuous technological advancement, the existance of risks cannot be denied.
Last modified 23d ago