Create a Pool
Anyone can provide liquidity to a collection on snippool. You can choose whether you want to buy or sell NFTs across a range of prices (Orders), or do both to earn trading fees.
To create a pool, start by navigating to the My Pools tab at the top-right of the page. Click on "+ CREATE POOL" and follow the instructions below depending on the type of pool you want to create.
Buy NFTs with tokens
Click on the receive drop-down box and select the collection you want (you can search by name, symbol):
Enter the start price you want to pay, choose the type of bonding curve, and enter your chosen delta. If you are only buying one item, choose either type of curve and enter any delta:
Type in how many NFTs you want to buy and click "Next Step >". Note: The slider on the right hand side is only for visualization purposes and does not affect your pool.
Confirm the details of your pool are correct, click "Create Pool", and confirm the transaction in your wallet.
Sell NFTs for tokens
Click on the receive drop-down box and select the collection you want (you can search by name, symbol):
Enter the start price you want to receive, choose the type of bonding curve, and enter your chosen delta. If you are only selling one item, choose either type of curve and enter any delta:
Type in how many NFTs you want to sell and click "Next Step".
Note: The slider on the right hand side is only for visualization purposes and does not affect your pool.
Confirm the details of your pool are correct and select the NFTs you want to deposit:
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For each of them, click to "Approve" and confirm the transaction in your wallet.
Click "Create Pool" and confirm the transaction in your wallet.
Trade NFTs for token (Buy and Sell)
Click on the first drop-down box and select the NFT collection you want to deposit.
Enter the percentage fee you want to take on every trade that uses your pool.
Enter the start price for the pool, choose the type of bonding curve, and enter your chosen delta:
Type in how many NFTs you want to buy and sell and click "Next Step".
Note: The sliders on the right hand side are only for visualization purposes and do not affect your pool.
Confirm the details of your pool are correct and select the NFTs you want to deposit.
For each of images, click "Approve" and confirm the transaction in your wallet.
Click "Create Pool" and confirm the transaction in your wallet.
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