Provide Liquidity

Is there a pool with stablecoin?

Yes, currently you can provide liquidity to BUSD, USDT, USDC and DAI.

What happened to Impermanent Loss Protection? With the advent of Savers Vaults eliminating the need for Impermanent Loss Protection (ILP), ILP for new Dual LP deposits was removed at block 9450000 (estimated Feb 6th 7:50pm EST). All ILP was disabled on THORChain on estimated Dec 6, 2023 (EST) following ADR005 Amendment 1 : https://twitter.com/THORChain/status/1732602848611844549

Is there a lockup period for LPs?

There is no minimum or maximum time or amount. Join and leave whenever you wish.

Where can I learn more about providing liquidity (LP)? Become a student at THORChain University! Join their discord server to get started here.

What is the average rate of return that users can expect when providing liquidity?

In the high risk pools, upwards of 10% and in the low risk, deep liquidity pools like BNB & BTC expect 3%-8%. However, check THORSwap for current APYs.

Symmetrical LPs For symmetrical LPs (ex: RUNE-ETH, RUNE-BTC, RUNE-LTC, RUNE-etc.) you will need at least 0.2 RUNE in your wallet to pay for the withdrawal fee.

Asymmetrical LPs

For asymmetrical LPs you will need the “base chain” asset for the withdrawal fee. Example: USDC on ETH chain asymmetrical LP requires ETH in wallet in order to withdraw.

I entered asymmetrically but received less than anticipated? Correct. This is because when you pool asymmetrically your asset is converted into 50% RUNE and 50% ASSET (this is called re-balancing). When re-balancing you are subject to slippage and fees.

Slippage is due to the depth of liquidity pools, the deeper the pools (aka the more liquidity) the less slippage occurs. Slippage also depends on the size of the deposit. Bigger deposits occur more slippage. Until caps are unlimited then account for slippage in your asymmetrical deposits.

What ways can I withdraw my symmetrical deposit? You can withdraw your symmetrically deposit both asymmetrically and symmetrically.

Will all ERC20 and BEP20 assets be supported and listed on THORChain by default?

Any whitelisted assets can be listed on THORChain as long as there is enough depth in the liquidity pool(s). More information can be found here.