FAQ
Frequently Asked Questions about Acala Swap
Each new trading pair listing must be approved through a governance vote.
The Bootstrap process is optional.
All LPs: Earn your proportion of the trading fees for the trading pair that you provide liquidity to. Every trade is subject to a 0.30% fee.
Certain pools: Earn liquidity mining rewards (in ACA) from occasional Liquidity Programs. Go to the Liquidity Mining section below to learn more.
Your trading fees will be paid in the same two coins that you provide liquidity to. The ratio of these tokens reflects the ratio in the pool.
The trading fees you earn are added back to the liquidity you are providing. You'll receive your fees once you redeem your LP tokens.
You must provide liquidity as a pair. The only time you can provide single-sided liquidity is during the bootstrapping period.
The tokens that you receive after withdrawing your liquidity from the LP pool reflect the ratio of the tokens in the pool when you withdraw, not when you contributed. You can learn more about how Acala Swap works by watching this video.
Liquidity mining will be used to incentivize certain trading pairs.
When you stake your LP tokens, you are locking them on the Acala platform. Users stake their LP tokens to earn liquidity mining rewards. Users can unstake their LP tokens at any time, but they will no longer earn liquidity mining rewards.
Yes.
If you don’t stake your LP tokens, you will only be earning your proportion of the trading fees for the pair you provide liquidity to. You will not earn any liquidity mining rewards.
ACA rewards are accumulated over time and LPs can claim these rewards at any time. However, if LPs keep the rewards in the pool until the end of the program, they'll be eligible for a Loyalty Bonus paid in ACA. Users can also remove their LP tokens and still be eligible for the Loyalty Bonus as long as they don't claim their ACA rewards.
Users can remove their LP tokens and still be eligible for the Loyalty Bonus as long as they don't claim their ACA rewards.
No. You can provide liquidity after the bootstrapping and still earn ACA liquidity mining rewards as long as you stake your LP tokens.
No. However, users that participate in bootstrapping are the pioneers that enable a new trading pair for the entire protocol, so you have that going for you, which is nice.
If you are contributing to only one side of the pool (say Token A), you are effectively converting 50% of Token A into Token B based on the exchange rate when the Bootstrap ends (and the pool opens for trading). You can learn more by following this bootstrap simulation.
Yes. Please claim your LP tokens. If you would like to earn liquidity mining rewards, you will also need to stake your LP tokens on the Earn tab.
Yes.
Yes. Once the token pair launches for trading, you can provide liquidity. However, you will not be able to provide single-sided liquidity. You must provide liquidity in token pairs.
No. You will have to wait until the trading pair is live to withdraw your liquidity.
Yes.
Last modified 1yr ago