Swingby Skybridge
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  • Overview
  • Motivations
  • How can I use Skybridge?
  • What is the technology behind Skybridge?
    • Proof-of-Stake node groups
    • Threshold Signature Scheme ("TSS")
    • Leaderless consensus
    • Peer communication
  • What is the SWINGBY token?
  • Q&A
  • Getting started
    • How to swap tokens?
      • BTC to WBTC (on Ethereum)
      • WBTC (on Ethereum) to BTC swap
      • Understanding a swap lifecycle
    • Become a LP
      • Add liquidity
      • Remove liquidity
    • Network fees
  • Technical Details
    • Run a Metanode
      • Swingby node installation guide
      • Node on Hetzner server
      • BOT Commands list
    • Smart contract and Tokens
  • πŸ—³οΈSWINGBY DAO
    • πŸ—ΊοΈOverview
    • πŸ›οΈFramework
      • πŸ’‘Phase 1: Informal Discussion
      • πŸ—£οΈPhase 2: Proposal Refinement & Temperature Check
      • πŸ‘Phase 3: Signal Voting
      • πŸ—³οΈPhase 4: On-chain Voting
    • πŸ“šTutorials
      • Bridge SWINGBY to ERC-20
      • Stake SWINGBY for voting power
      • Vote on Proposals
      • Delegate Votes
      • Create Proposals
      • Bond Metanodes
  • Read more
  • Website
  • Twitter
  • GitHub
  • White Paper
  • Proposals & Specifications (SWIPs)
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  1. Getting started
  2. Become a LP

Add liquidity

Learn how to add liquidity to the Skybridge float.

PreviousBecome a LPNextRemove liquidity

Last updated 1 year ago

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1. Visit .

The below example explains how to add liquidity by depositing BTC from the Bitcoin blockchain. The process to add liquidity with WBTC is similar.

2. Click the "Add liquidity" button at the top right of your screen.

3. Select what asset to deposit (BTC or WBTC), the quantity, and your Ethereum address to receive the sbBTC token. Once everything is correct, click "Deposit".

4. Verify that everything is correct and click "Swap".

The sbBTC token price (relative to BTC) increases over time to reflect the compounding of swap fees to liquidity providers. It is normal that the price of 1 sbBTC is not equal to 1 BTC.

5. Send the quantity to the address displayed on the screen. The address is the TSS address controlled by the metanodes.

You can safely close your browser while your transaction is being intercepted by the metanodes.

6. Once the transaction is picked up by the nodes, the screen will refresh and indicate "Transaction found".

7. Once complete, it will display "Swap completed"! πŸŽ‰

https://app.swingby.network/liquidity