Create a New Pool (How it works)

Creating a New Pool on Enigma is a straightforward process that allows Enigma users to contribute assets to a liquidity pool and earn fees from trading activities.

Here's how it works:

1. Navigate to the "Create a New Pool" section on the Enigma Swap platform.

2. Select the tokens you want to add to the pool. These tokens will be paired together for trading.

3. Specify the initial amount of each token you want to contribute to the pool.

4. Confirm the transaction and approve the token swap if necessary.

5. Once the transaction is confirmed, your liquidity pool is created, and you become a liquidity provider.

6. As users trade against the pool, you earn a share of the trading fees proportional to your contribution to the pool.

7. Monitor your pool's performance and manage your liquidity as needed.

Creating a pool on Enigma Swap provides several benefits, including earning fees from trading activities, contributing to liquidity provision on the platform. Overall, it's a simple yet powerful way to participate in the Enigma's ecosystem and support the growth of Enigma Protocol.

Create a New Pool