How to join the farming event for Rubic on Algebra

How to create a liquidity pool on Algebra

As Algebra introduces concentrated liquidity technology on Polygon, you will probably notice significant innovations compared to average v2 DEXs. To work with liquidity pools correctly, you need to understand two important concepts: concentrated liquidity itself and price ranges.

How to create a position and start Liquidity Providing on Algebra

To join the farming event, you need to create a position and get an NFT first. You can create a position following these steps:

  1. Go to Algebra and launch the app.
  2. Go to the Pool tab.
  3. Click the “+ New Position” button.
  4. Choose the tokens you want to create a position with. To join the first farming event with Rubic, you need to choose the RBC/MATIC pair.
  5. Choose the price range you need and the amount of tokens to be deposited.

How to enter the farming event

If the liquidity pool is created, you can now enter the farming event:

  1. Go to the Farming tab.
  2. Click on “Future events”.
  3. Choose the event you want to join by clicking the “Farm” button.

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Rubic

Rubic

Rubic: A ‘one-click’ Cross-Chain Protocol + tools to enable it for apps. Trade over 15,000+ tokens, on and between 13 networks, through aggregation of 60+ DEXs!