Bootstrapping LP

A description of the features and buttons when bootstrapping LP on Euphrates + FAQ

Bootstrapping Panel

1. Status of the pool (currently in boostrapping stage).

2. Liquidity Target is an amount of tokens that is required for the pool to be launched. This is 1 of the two criteria.

3. End date of the boostrapping period. The Liquidity Target must be met before the End Date for the pool to automatically launch.

4. Estimated APY if the Liquidity Target is met.

5. Access to the Bootstrapping Page.

Bootstrapping Page

1. Switch to asset on Acala Network.

2. Switch to Solana Bridging Page.

3. Unstake JitoSOL from the JitoSOL Staking Pool.

4. Enter the amount of JitoSOL you wish to commit.

5. Go to the DOT staking page on the Acala Platform to obtain LDOT.

6. Enter the amount of LDOT you wish to commit.

7. Finalize the token commitment. If you choose to commit two tokens, there will be two transactions to confirm.

8. The current LDOT to JitoSOL ratio. This ratio is important as it will be used to automatically split any asset committed to the pool.

Solana Bridging Page

1. Switch to Acala Network assets.

2. Connect your Solana wallet.

3. Enter the amount of JitoSOL you wish to Bridge.

4. Bootstrapping period timer.

Frequently Asked Questions

What happens if the Liquidity Target isn't reached?

Tokens will be returned to the users split evenly between the two assets. Can I withdraw my assets after I commit them?

Assets are locked for the duration of the Boostrapping Period. Assets can be withdraw after the pool is successfully launched or will be returned if the pool is unsuccessful

Do I have to deposit an equal amount of both assets?

No. You can deposit any amount of the assets and the asset will convert the assets evenly into the LP.

Can I deposit only one asset into the LP?

Yes. You can deposit either side of the LP's asset and in any amount. The asset router will convert the assets evenly into the LP.