We’re launching two Liquidity Pools (LPs) on the Stellar network: one pairing REAL8 with XLM (Stellar’s native coin) and another pairing REAL8 with wREAL8 (our special wrapped version of REAL8).
If you’re wondering what this means for you and how you can get involved, we’re going to break it down simply—think of this as another way to trade REAL8, that is safer, and allows you to earn a little on the side.
What Are Liquidity Pools?
A Liquidity Pool (LP) is a shared pot of two cryptocoins (like REAL8 and XLM) that anyone can trade with, managed automatically by Stellar’s system. No middleman involved, just a self-running market.
We’re currently offering:
- XLM/REAL8 Pool:
A public pool where anyone can trade REAL8 for XLM or XLM for REAL8.
https://stellar.expert/explorer/public/liquidity-pool/ff5c2c76062d1e750f89999dfceb8e2202c30a7e6672d2734262176e7e695f16 - REAL8/wREAL8 Pool:
A private pool for select users (more on that below), swapping REAL8 and wREAL8.
https://stellar.expert/explorer/public/liquidity-pool/7020d0067420c3eef0aab589776d2069dd647f4e5031ca0b83da21cd2c1b6aa9
How can you get into these Pools?
There are several ways to participate in the LPs. Below we describe one of the simplest, providing liquidity via StellarX, by adding your own REAL8 and XLM (or REAL8 and wREAL8) to the pool to help it grow. In return, you get a share of the trading fees.
How To:
- Create an account or login to StellarX:
https://www.stellarx.com/amm/liquidity/native/choose-asset - If you don’t have REAL8 yet, you will need to purchase some yet on the ‘Markets’ section:
https://www.stellarx.com/markets/REAL8:GBVYYQ7XXRZW6ZCNNCL2X2THNPQ6IM4O47HAA25JTAG7Z3CXJCQ3W4CD/native - Once you have your REAL8 go to the ‘AMM -> Add Liquidity‘ section, click on the ‘Add Liquidity’ button and look for the XLM/REAL8 pool.
- Put in equal value of both coins (e.g., 40 XLM + 10,000 REAL8). The pool gives you “pool shares” as your receipt.
- For the REAL8/wREAL8 Pool, you’ll need wREAL8 and our approval first—contact us to join this special club.
Pros of Joining a Liquidity Pool
Here’s why you might want to join:
- Earn Rewards: As a liquidity provider, you get 0.3% of every trade in the pool. If 100 XLM gets swapped daily, you could earn a small slice—think of it as pocket change that adds up!
- Easy Trading: Swapping coins in a pool is fast and simple—no waiting for someone to take your offer like in a traditional market.
- Fewer Huge Price Swings: Pools smooth out price changes compared to wild ups and downs in regular trading. With our XLM/REAL8 pool starting at 1,000 XLM, a big trade won’t tank or spike the price as much—it’s like a shock absorber for REAL8’s value!
- Grow REAL8: By joining, you help make REAL8 more available and useful for everyone in the Stellar world.
Cons of Joining a Liquidity Pool
Here are some trade-offs of Liquidity Pools:
- Price Risk (Impermanent Loss): If REAL8’s price rises a lot, you might end up with less value than if you’d just held your coins. You won’t lose anything, but you may not profit as much as holding tight.
- Arbitrage Nibbles: Smart traders might swap coins to profit from small price differences. You won’t lose everything, but they could take a bite out of your pool share.
- Locked Coins: Your REAL8 and XLM are tied up in the pool until you pull them out. It’s not gone, and you can withdraw from the Pool at any time you wish.
- Low Volume Risk: If not many people trade, your fees might be small.
Questions? Contact us at [email protected], or drop us a note on our Telegram and Discord, channels
