How to Earn with the RBTC/DLLR AMM pool on Sovryn. | Scribe

    How to Earn with the RBTC/DLLR AMM pool on Sovryn.

    • Art of Tomas |
    • 11 steps |
    • 2 minutes
      1
      Start by going to https://sovryn.app/ and click on "Earn"
      2
      Select "Market Making"
      3
      Click "Deposit" in the RBTC/DLLR pool.
      4
      Choose the amounts of tokens you want to deposit, click on "Max DLLR" to deposit the maximum you've got available.
      5
      Check the box acknowledging you understand the risks of "Impermanent Loss".
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      Alert!\ Do not go forward if you don't know what impermanent loss is. Because the RBTC/DLLR pool has half of funds in stablecoins, the effects of impermanent loss are reduced.
      6
      Once ready click on "Confirm".
      7
      The next windows shows the estimated gas fee for the transaction. Click confirm.
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      Here you will be prompted to confirm the transaction in your wallet, double check that all the information is correct and continue.
      8
      Once the transaction is completed just click on "Done".
      9
      To check our earnings click on your wallet address on the top right corner.
      10
      Select the "Rewards" option.
      11
      Here you can see your rewards accruing in real time, the RBTC/DLLR pool provides "Liquid" rewards, this means they can be withdrawn at any time into our own wallet.
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      That's it! now our pool will generate cashflow for us in a passive way. \ \ It will constantly rebalance to keep 50% in RBTC and 50% in DLLR to adapt to all market conditions.