Add Liquidity

Add Liquidity Through Custom Memos.

This guide should only be used by Advanced Users. It is highly recommended to use Maya UIs to transact. A mistake in any step CAN cause loss of funds.

Memo Format

For Symmetric Adds: ADD:POOL:PAIREDADDR

For Asymmetric Adds: ADD:POOL

For a full list of memo formats and abbreviations check this page.

Procedure

Through a MAYAChain UI (using MsgDeposit, eg. El Dorado)

Symmetric Add (ASSET + CACAO)

1. Connect/Create your wallet.

2. Make sure your wallets are funded with ASSET & CACAO and they have to be of equal values.

3. Transfer an amount of ASSET, by substituting the format with actual values. Example:

   • ADD:BTC.BTC:yourMAYAaddress

     • Example: ADD:BTC.BTC:maya1nxjvgxqxe488jyl8wrmhm9ulsfthgp4rh5u5tw

   or you can abreviate it to:

   • +:BTC.BTC:yourMAYAaddress

4. In the amount field, type the ASSET amount you wish to add (make sure you have enough amount left for fees).

5. Press send.

6. Check your transaction/Maya Address on MayaScan.

7. Transfer an equivalent amount (in value) of CACAO, by substituting the format with actual values. Example:

   • ADD:BTC.BTC:yourBTCaddress

     • Example: ADD:BTC.BTC:bc1p7tm6t2m6678cke92cw5r9gddpz4td80p45vu7v0v23604p6vd2us5jdtt2

   or you can abreviate it to:

   • +:BTC.BTC:yourBTCaddress

8. In the amount field, type the CACAO amount you wish to add (make sure you have enough amount left for fees).

9. Press send.

10. Check your transaction/Maya Address on MayaScan.

Asymmetric Add

Assymmetric Adds are made for convenience. Instead of swapping half of the Asset amount to CACAO, then adding liquidity, the chain does the swap part Automatically for you. Bear in mind, this will cause some limitations:

1. In the future, you will only be able to withdraw liquidity Asymmetrically, and the same side as well. So if you deposit BTC asymmetrically, you can only withdraw BTC asymmetrically.

2. Slippage. The chain will swap half of the Asset for you, which may cause unfavorable slippage fees, during deposit and withdrawal.

1. Connect/Create your wallet.

2. Make sure your wallets are funded.

3. Transfer an amount of ASSET/CACAO, by substituting the format with actual values. Example:

   • ADD:BTC.BTC

   or you can abreviate it to:

   • +:BTC.BTC

You cannot use "+:MAYA.CACAO" memo.

1. In the amount field, type the amount you wish to add (make sure you have enough amount left for fees).

2. Press send.

3. Check your transaction/Maya Address on MayaScan.

Through a Non-CACAO UI (using Normal Send tx + MsgDeposit, eg. Asgardex)

Symmetric Add (ASSET + CACAO)

1. Connect/Create your wallet.

2. Transfer an amount of ASSET, by substituting the format with actual values. Example:

   • ADD:BTC.BTC:yourMAYAaddress

     • Example: ADD:BTC.BTC:maya1nxjvgxqxe488jyl8wrmhm9ulsfthgp4rh5u5tw

   or you can abreviate it to:

   • +:BTC.BTC:yourMAYAaddress

3. In the amount field, type the ASSET amount you wish to add (make sure you have enough amount left for fees).

4. In the address field paste ASSET Inbound Address on MAYAChain.

Make sure to refresh the page and NEVER use an old inbound address, as it they change every churn.

1. Press send.

2. Check your transaction/Maya Address on MayaScan.

The following steps need to be done through a Maya UI that supports MsgDeposit.

1. Transfer an equivalent amount (in value) of CACAO, by substituting the format with actual values. Example:

   • ADD:BTC.BTC:yourBTCaddress

     • Example: ADD:BTC.BTC:bc1p7tm6t2m6678cke92cw5r9gddpz4td80p45vu7v0v23604p6vd2us5jdtt2

   or you can abreviate it to:

   • +:BTC.BTC:yourBTCaddress

2. In the amount field, type the CACAO amount you wish to add (make sure you have enough amount left for fees).

3. Press send.

4. Check your transaction/Maya Address on MayaScan.

Asymmetric Add

Asymmetric Adds are made for convenience. Instead of swapping half of the Asset amount to CACAO, then adding liquidity, the chain does the swap part Automatically for you. Bear in mind, this will cause some limitations:

1. In the future, you will only be able to withdraw liquidity Asymmetrically, and the same side as well. So if you deposit BTC asymmetrically, you can only withdraw BTC asymmetrically.

2. Slippage. The chain will swap half of the Asset for you, which may cause unfavorable slippage fees, during deposit and withdrawal.

1. Connect/Create your wallet.

2. Transfer an amount of ASSET/CACAO, by substituting the format with actual values. Example:

   • ADD:BTC.BTC

   or you can abreviate it to:

   • +:BTC.BTC

You cannot use "+:MAYA.CACAO" memo.

1. In the amount field, type the amount you wish to add (make sure you have enough amount left for fees).

2. In the address field paste ASSET Inbound Address on MAYAChain.

Make sure to refresh the page and NEVER use an old inbound address, as it they change every churn.

1. Press send.

2. Check your transaction/Maya Address on MayaScan.