How to create pools

A guide for how to create new pools on MIRA.

1. Visit https://mira.ly/ and click on the "Liquidity" tab in the upper menu. OR open the link directly https://mira.ly/liquidity/.

2. Connect your wallet. Currently, Fuel has three native wallets and supports both ETH and Solana Wallets.

3. Click on the "Create a pool" button in the upper right corner of the liquidity pools window.

4. Choose a type of pool you'd love to create. Click on "Stable" for stablecoin pairs (eg., $USDT and $USDC) or an asset and its wrapped version (eg. $ETH and $rstETH). Otherwise, choose "Volatile". Note that you won't be able to change it afterward.

5. Next, you need to choose assets that you want to add to the pool. You need to have both these assets on your wallet balance to create a pool with them. To do it, click on the arrow next to the empty field - and choose an asset from the dropdown list. If the needed asset is not available on the list, fill in the asset ID. You can find asset IDs by connecting your wallet in the Fuel Block Explorer.

6. Now you need to set up an exchange rate for the chosen tokens: fill in the amount of the asset X you think is reasonable to exchange for the asset Y. This sets the starting price of the pool.

7. Click the "Preview creation" button below to proceed.

8. Preview the transaction. If everything is correct, click the "Create pool" button below.

9. Your wallet will pop up. Carefully check the transaction details and approve the transaction in your wallet.

10. Congrats! You've created your first pool on Fuel.

After you create a pool, you can go back to the liquidity page to see it in the list of your liquidity positions and the list of pools below. The tokens that you added to the pools, can now also be swapped on MIRA! You can check it on the swap page: https://mira.ly/swap/