Pool Party Docs
  • 🚀 TL;DR
  • POOL PARTY
    • 🌊 Introduction
    • 🛠️ Product Features
    • 🎁 Airdrop
    • 💰 Tokenomics
    • 🤝 Referral Program
    • ❓FAQs
    • 🌐 Contact and Community
    • 🔐 Audits and Security
      • Contracts
    • 🗺️ Roadmap
    • 🛡️ DynamicShield Hook
  • Basics
    • Getting Started
    • Deposits and Withdrawals
    • For Investors
    • For Pool Managers
    • Troubleshooting and Support
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  • Deposits
  • What You’ll Need:
  • How to Deposit:
  • What Happens Next?
  • Withdrawals
  • Flexible Withdrawals
  • How to Withdraw:
  • Gas Fees for Withdrawals:
  • Key Considerations
  1. Basics

Deposits and Withdrawals

Pool Party is designed to make deposits and withdrawals simple, transparent, and user-friendly. Whether you’re adding liquidity to a pool or withdrawing your funds, the process is seamless and requires only a few clicks.

Deposits

What You’ll Need:

  • USDC (Digital Dollar): Deposits into Pool Party pools are made using USDC, a stablecoin pegged to the US dollar.

  • Network Gas Fees: Ensure you have enough native tokens of the network (e.g., ETH for Arbitrum) to cover gas fees for the transaction.

How to Deposit:

  1. Connect Your Wallet: Start by connecting your wallet (e.g., MetaMask or Rabby) to the Pool Party platform. Ensure your wallet has sufficient USDC and gas tokens.

  2. Choose Your Pool: Once connected, browse the available pools and select one that matches your investment strategy.

  3. Deposit with Two Clicks: Enter the amount of USDC you want to deposit, confirm the transaction in your wallet, and you’re done!

What Happens Next?

  • Your USDC is locked into the protocol’s smart contract, which automatically replicates the pool manager’s strategy.

  • The smart contract handles liquidity provisioning on platforms like Uniswap, generating returns that are distributed proportionally among all participants.

Withdrawals

Flexible Withdrawals

  • Pool Party allows you to withdraw your funds at any time without lock-ups or penalties.

  • Withdrawals include your original deposit and any accrued rewards.

How to Withdraw:

  1. Navigate to the Portfolio Section: In the top-left corner of the platform, select the Portfolio tab to view your investments. This dashboard is distinct from the pool selection interface.

  2. Initiate the Withdrawal: Choose the pool from which you want to withdraw, specify the amount (partial or full), and confirm the transaction in your wallet.

  3. Select Your Withdrawal Option: You can withdraw your funds in:

    • USDC: Receive your returns in the stablecoin USDC.

    • Pool Token Pair: Opt to receive your returns in the corresponding token pair for the pool in which you invested.

  4. Receive Your Funds: Once the transaction is processed, your chosen assets are sent directly to your wallet.

Gas Fees for Withdrawals:

As with deposits, ensure you have enough native tokens (e.g., ETH for Arbitrum) to cover the gas fees for the withdrawal transaction.

Key Considerations

  • Transaction Speed: Deposits and withdrawals are subject to network congestion and gas fees, which may vary depending on blockchain activity.

  • Earnings Visibility: Rewards are updated in real-time in your Portfolio, so you can track your investment performance at any moment.

  • Transparency: All deposit and withdrawal transactions are executed on-chain, ensuring full transparency and security.

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Last updated 4 months ago