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Articlemedium.comPendulum2y ago

Step-by-Step Guide to Providing Liquidity to the KSM/XLM Pool on Zenlink

This guide details how XLM holders can provide liquidity to the KSM/XLM pool on Zenlink DEX via the Amplitude network on Kusama. It covers setting up a Polkadot wallet, acquiring KSM and AMPE, bridging XLM using Spacewalk from Lobstr, and adding liquidity. The process enables earning rewards while enhancing liquidity in the Amplitude ecosystem.

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XLM holders can now add liquidity natively on Kusama's Amplitude network through Zenlink DEX using the Spacewalk Bridge. The step-by-step process starts with installing Nova Wallet, obtaining KSM from exchanges or DEXes, transferring it to Amplitude, and acquiring AMPE for gas fees via faucet or swap. Users then bridge XLM from Lobstr wallet to Amplitude, connect to Zenlink, select the KSM/XLM pool, and deposit liquidity. Successful LPs can monitor positions and rewards, contributing to efficient trading. Additional pools like AMPE/XLM are suggested for diversification. The guide highlights integrations by Pendulum, Zenlink, and Spacewalk for cross-chain DeFi.

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LobstrApplications
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P2PMobileSoftware Wallet

LOBSTR is a web and mobile wallet that enables users to interact with the Stellar network and its decentralized exchange. It sup…

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SpacewalkFinancial Protocols
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BridgeMulti-Chain

The first bridge to Polkadot: giving Stellar users more access to the DeFi world.

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