DataDex
  • What is DataDex?
  • Core Features
  • How to Use DataDex
  • Tips for Maximizing Your DataDex Experience
  • Common Terms
  • Detailed Guide to Providing Liquidity on DataDex
  • Step-by-Step Guide to Providing Liquidity
    • Step 1 - Prepare Your Wallet
    • Step 2 - Access DataDex
    • Step 3 - Navigate to the Pool
    • Step 4 - Choose the Token Pair
    • Step 5 - Define the Price Range
    • Step 6 - Select the Fee Tier
    • Step 7 - Deposit Tokens
    • Step 8 - Position Management
  • Earnings from Liquidity Provision
  • What Happens if Price Moves Outside Your Range?
  • Withdrawing Liquidity
  • Risks of Providing Liquidity
  • Best Practices
  • Conclusion
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  1. Step-by-Step Guide to Providing Liquidity

Step 6 - Select the Fee Tier

DataDex offers three fee tiers:

  • 0.3%: The default tier, suitable for most trading pairs and preferred for DLP pairs

  • 1%: For highly volatile token pairs or niche assets

Choose a fee tier that matches the volatility and trading frequency of your selected token pair.

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Last updated 5 months ago