Part 2 of Thala Quest Series.
Providing liquidity in crypto involves depositing tokens into a liquidity pool on a decentralized exchange (DEX) to facilitate trading. As a liquidity provider, you earn a portion of transaction fees and may receive additional rewards, making it a potential way to earn passive income. However, while it supports market stability, there are risks involved, such as impermanent loss.
In this quest, you'll be adding liquidity to the THL/MOD pool on Thala.
To participate, you’ll need THL and MOD tokens, as well as some Aptos for gas fees.
Upon successful completion of the quest, you'll earn a reward of 10% of your transaction volume, up to a certain amount of Aptos, depending on your wallet score.