Ekubo Protocol is designed to take full advantage of the Starknet architecture, with the goal of providing the best swapper execution and liquidity provider returns anywhere.
In this article we will look at how to perfom swaps and provide liquidity in Ekubo .
First you need to have a Starknet native wallet and in this demonstration we will use braavos wallet .
You can access dapps in the starknet ecosystem in the braavos wallet including ekubo.
Download Braavos Wallet save your key phrases from the official link below:
Ensure you have bridged some eth to starknet through stargate or orbiter finance from eth mainnet to eth starknet
StarkGate: Bridge Assets from Ethereum to StarknetStarkGate is the official bridge for transferring ERC-20 tokens between Ethereum and Starknetstarkgate.starknet.io
Check out a vid i made on interacting with starkGate
below:
These are some of the key features of Ekubo and why I find it super simple and easy to interact with
First of all connect your wallet to ekubo by either clicking it in the in app dapp section and connecting or use this link ( my referal link to ekubo)to access ekubo and connect your wallet :
https://app.ekubo.org/?referrer=0x532eb411a67dae7c9b1ff6033817ac57ff5a4e1fb446bc57047a4707423feab
Once connected the next procediure is straight forward . Remember you had already bridged your funds from eth to starknet eth. Now click on the swap tab and choose the prefered asset you would want to bridge . In this demo I chose to bridge some eth to usdc . The wallet will prompt you to sign the transaction and your eth will be swapped to USDC at a very cheap transaction cost ( mine was well below $0.3) .That’s it! Very simple process on bridging
Once You have swapped some of your eth to another pair ( in my caseUSDC) you can choose to also provide some liquidity in Ekubo.Any position you create is tied to a specific pool. Pools are a combination of token pair and fee. The 2 tokens you select, also known as the “pair,” is the market you wish to make. For example, if you want to market-make ETH to dollars, you can choose ETH as the base token and USDC as the quote token.
To provide liquidty on Ekubo you create a new position as demonstrated below and choose the pair.
Ekubo will provide you with detailed info including estimated APR you will earn on the amount of liquidity you provide . Once you confirm everything click on add liquidity and sign the transaction in your wallet ( again the tx fee are very minimal here try it !)
An interesting part of ekubo i found out is how clear and precise their documentation on everything on the protocol is well written . If probably a user needs to learn more on ekubo they should make this feature their number 1 favourite spot . Link :
https://docs.ekubo.org/user-guides/add-liquidity
The more you use ekubo the more points you earn and get you a spot in the leaderboard. Let us embrace ekubo and be top users while the starknet ecosystem continues it’s exponential growth
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