Stake to Aerodrome Liquidity Pool

Adding Liquidity to $RIZ on Aerodrome

  1. Access the Aerodrome Platform:

    1. Navigate to Aerodrome Finance.

  2. Connect Your Wallet:

    1. Click on "Connect Wallet" at the top-right corner.

    2. Choose your preferred wallet (e.g., MetaMask, WalletConnect).

    3. Ensure your wallet is set to the Base network.

  3. Locate the $RIZ Liquidity Pool:

    1. In the "Liquidity" section, use the search bar to type "RIZ".

    2. Select the desired $RIZ pair (e.g., RIZ/ETH, RIZ/USDC) from the list.

  4. Add Liquidity:

šŸ”¹ Option 1: Adding Liquidity to a Basic (Classic) Pool

Basic pools distribute liquidity evenly across all price ranges. These are best for users who prefer a passive approach without managing price ranges.

Steps to Add Liquidity to a Basic Pool

1ļøāƒ£ Go to the Aerodrome Finance Liquidity Page

2ļøāƒ£ Connect Your Wallet

  • Click "Connect Wallet" (top right).

  • Select your wallet (MetaMask, WalletConnect, etc.).

  • Make sure you're on the Base Network.

3ļøāƒ£ Enter the Deposit Amounts

  • Choose how much $RIZ and the paired token (e.g., ETH or USDC) you want to provide.

  • The system will auto-calculate the correct balance.

4ļøāƒ£ Approve and Deposit

  • Click "Approve" for each token.

  • Click "Deposit" to add liquidity.

5ļøāƒ£ Staking (Optional but Recommended)

  • After depositing, click "Stake Liquidity" to earn extra rewards.

6ļøāƒ£ Managing Liquidity

  • You can withdraw at any time from the "Manage Liquidity" section.

Pros of Basic Pools

āœ… Simple & Passive ā€“ No need to manage price ranges. āœ… Good for Beginners ā€“ No impermanent loss from price shifts out of range.

šŸ”¹ Option 2: Adding Liquidity to a Concentrated Pool

Concentrated liquidity allows you to provide liquidity within a specific price range, maximizing rewards when active.

Steps to Add Liquidity to a Concentrated Pool

1ļøāƒ£ Go to the Aerodrome Finance Liquidity Page

2ļøāƒ£ Connect Your Wallet

  • Click "Connect Wallet" and select your wallet.

  • Ensure you're on Base Network.

3ļøāƒ£ Define the Price Range

  • Set the minimum and maximum price range where you want to provide liquidity.

  • A narrow range = higher fees but requires active management.

  • A wide range = less maintenance but lower earnings.

4ļøāƒ£ Enter Deposit Amounts

  • Based on your price range, Aerodrome will suggest a balanced ratio of $RIZ and the paired token.

  • Adjust the amounts if needed.

5ļøāƒ£ Approve and Deposit

  • Click "Approve" for each token.

  • Click "Deposit" to provide liquidity.

6ļøāƒ£ Staking (Optional but Recommended)

  • Stake your LP tokens to earn additional rewards.

7ļøāƒ£ Managing Liquidity

  • If the price moves out of your range, your liquidity becomes inactive.

  • You can manually adjust the price range or use an Automated Liquidity Manager (ALM).

Pros of Concentrated Pools

āœ… Higher Yield ā€“ More fees earned in an active price range. āœ… Customizable ā€“ Choose your price range for better control. āš ļø Requires Management ā€“ If price moves out of range, liquidity must be adjusted.


šŸ”¹ Summary: Which Pool Should You Choose?

Feature

Basic Pool

Concentrated Pool

Risk Level

Lower

Higher

Yield Potential

Moderate

Higher

Price Range Control

No

Yes

Impermanent Loss

Lower

Higher if out of range

Best For

Passive LPs, Beginners

Active LPs, Advanced Users

If you want a set-and-forget method, go for the Basic Pool. If you want higher rewards and can manage price ranges, choose the Concentrated Pool.

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