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Add or Remove Liquidity

Dive into decentralized computing liquidity pool in just a few steps.

Prerequisites​

Before you get started, ensure you meet the following hardware and software requirements:

  • An account on loopin.network. Sign up if you haven't already!
  • A running Nvidia GPU online and connect to LooPIN network.

Let's Add Liquidity!​

Once your setup is complete, it's time to start utilizing your idle GPU hours:

  • Navigate to Pool in the navbar and jump into the liquidity section.
  • Select GPUs and choose your idle GPUs for liquidity.
  • Ensure you have sufficient balance in your wallet, as the actual staking of $LOOPIN tokens will be deducted from your wallet and returned upon removal of the liquidity.
  • After adding liquidity, return to the Server section. You will find your server now tagged with an LP indicating it's part of the liquidity pool.

How to Remove Liquidity​

  • Navigate to the Server section and select your target GPU.
  • Click on the Remove Liquidity button.
  • Done! Your server is now removed from the liquidity pool and you can sell your GPU hours or remove the server.

Troubleshooting Verification Issues​

If you've added liquidity and your status remains in "Verifying" after 20 minutes, there might be an issue with the liquidity transfer. Here's what to do:

  1. Check Your Wallet

    • Verify if your wallet has been properly debited for the liquidity sent earlier

  2. If Liquidity Has Not Been Debited:

    • Wait for up to 1 hour for the status to be reset
    • Keep your server online during this period
    • Once the status is reset, try adding liquidity again following the previous guidance
note

There's no need to remove your server - just wait for the status reset and try again.

And... You're Set!​

Congratulations! Your server is now online in the LooPIN liquidity pool and qualifies for daily staking rewards.

Happy computing with LooPIN!