It was my understanding that you can choose to only add liquidity to one side while running the risk of knocking the peg off balance and not getting as many LP tokens as you would have with a 50/50 split. Isn't this possible?
If you only added Ethereum to the pool when you try to withdraw LP tokens it's going to give you the 50/50 split anyway yeah? Only adding to one side is logistically the same as allowing the protocol to buy coins from the other side automatically on your behalf.
Never mind... The only way I can figure out how to add liquidity to one side in a single transaction is https://defizap.com/
And that just buys tokens first and then posts liquidity after in the same transaction. I was thinking there was a way to save on gas fees here but I guess not.
Yeah there are certain ways to build different pathways into various liquidity pools. i.e. going from one LP to another.. going from 3 currencies to 2, going from 1 to 4, etc. etc.
Regardless of how you get there, you'll need to meet the ratio of the pool. On Uniswap, pools are 50/50 - so in our case, 50% ETH / 50% wLEO.
In other pools (i.e. balancer 80/20 pools), you can post different ratios, but you still need to meet the ratio of the underlying pool. So if wLEO adds a wLEO-USDT pool some day on Balancer, then you'll be able to do something like 80% wLEO and 20% USDT, but you have to abide by that 80-20 LP structure or else you're adding uneven funds to the pool which will ultimately be arbitraged.
Posted Using LeoFinance Beta
Will you be powering down some LEO to add to it?
maybe