How to Participate in ASWAP Mining

AEXGlobal
3 min readSep 3, 2021

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AEX

  1. Open the login account of AEX computer — Home page — Navigation bar — ASWAP

2. Click ASWAP — Liquidity pool list

3. Click To Search — Enter To Choose the cryptocurrency you want to deposit.

4. Click To choose the zone Liquidity pool you want to deposit

5. Click the Dual Currency Flow Pool you want to deposit — Add Liquidity

6. Enter the amount you want to deposit (the input will calculate the amount of the other half need to deposit) — Agreed terms — deposit (deposit to start mining)

7. Click mining — get it immediately (the income will be directly transferred to your Coin account and you can get it at any time)

8. Click “Eliminate Liquidity” — LP is full — “Take out” (the withdrawn coins will be directly transferred to your coin account)

Note: After taking out, it will be found that the quantity deposited is not consistent with the quantity taken out, because of the impermanence loss

Concept Supplement:

② Impermanent loss: Impermanent loss is a problem that all AMM based on constant product model will face because as long as the price in the trading pool is not consistent with the price in the outside world, there will be room for arbitragers to carry out arbitrage. Arbitrageurs can smooth the interest rate between AMM and the outside world by “moving bricks” to achieve profits. What the arbitrageurs gain is what the liquidity providers lose.

For example, if you participate in the mining of the BTC-GAT mobile pool and deposit these two coins in the pool when the increase of GAT coins is greater than that of BTC, your mobile pool will have less GAT but more BTC. The difference between the decrease of GAT and the increase of BTC is your impermanent loss

The reason for the erratic losses is that the price of the ASWAP liquidity pool requires traders to move in line with the market

②LP: LP refers to the certificate of a market maker that provides liquidity, as opposed to the record of your deposit at the bank

Risk Warning.

Digital assets are innovative investment products whose prices may fluctuate violently. Users are requested to rationally judge their risk tolerance and make decisions prudently.

AEX Operation Team

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AEXGlobal