How can I provide liquidity to the RENT/SOL pool and earn on fees?

Learn how to provide liquidity to the RENT/SOL pool on Raydium, earn from trading fees, and support RentFi’s ecosystem stability.

Written by RentFi Team

Updated 9 months ago

Providing liquidity to the RENT/SOL pool on Raydium is a simple process that allows you to earn rental incomes while supporting the RentFi ecosystem.

Step-by-Step Guide:

Prepare Your Wallet:
- Install a Solana-compatible wallet like Phantom or Trust Wallet.
- Ensure you have equal amounts of RENT and SOL in your wallet.
Connect to Raydium:
- Visit Raydium.io.
- Click “Connect Wallet” and select your wallet provider.
Add Liquidity:
- Navigate to the Liquidity tab on Raydium.
- Select the RENT/SOL pair and enter the amount of one token. Raydium will calculate the required matching amount of the other token.
- Confirm the transaction to deposit your tokens into the pool.
Earn on fees:
- After adding liquidity, you’ll receive LP tokens that represent your share of the pool.
- You’ll earn a portion of the trading fees (typically 0.3%) generated by swaps in the RENT/SOL pool.
- Fees accumulate automatically and can be claimed or reinvested anytime.

Passive Income: Earn a share of transaction fees every time RENT/SOL is traded.
Market Stability: Your liquidity contribution helps maintain stable prices and efficient trading.
Flexibility: Add or withdraw liquidity whenever you choose, giving you full control.

Trading Activity: Your revenues increase with higher trading volumes
Low Transaction Fees: Solana ensures cost-effective liquidity operations with minimal fees.

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