Adding Liquidity - Neon/Solana

We hope this guide is useful to assist you to bringing liquidity to Sobal from Solana.

If you want to bring Liquidity to Sobal from another chain, please first bridge it to Solana and then follow this guide.

Prerequisites

Before you start, please ensure you have already the following:

Wallet on Solana (such as Phantom) with NEON tokens
Wallet supporting EVM with custom RPCs (such as Metamask)

Steps

Moving funds from Solana to NeonEVM via NeonPass

At the time of writing, NeonPass supports:

Neon & Wrapped Neon
Wrapped BTC (Sollet)
Wrapped Ether (Wormhole)
Wrapped SOL
USDC
USDT

Steps

Load the NeonPass website https://neonpass.live and connect your Solana and Neon wallets. ℹ️ Make sure you are connected to Mainnet in the top right hand corner.
Select your assets and the amount
Choose the transaction fee method (*for NEON transactions only)
Press Transfer and repeat this process for any other tokens you wish to bridge across to Neon EVM.

Setting up Metamask for the Neon chain

Visit https://www.coinlist.org
Search for Neon EVM
Click “Add to Metamask” for the Neon EVM MainNet entry

Depositing Liquidity to Sobal pools

Visit https://app.sobal.fi
Select the Pool you wish to add liquidity to, in this example we’ll use the NEON/SOL pool.
Click add liquidity and set the amount of tokens you wish to add ⚠️ Pay careful attention to the price impact of the liquidity you’re adding. We recommend keeping it as balanced as possible (<0.01%). There is an optimize button you can use on the screen that will help you do so.
Sign the approval transactions and add liquidity!
All done! You can check your liquidity at anytime on the Portfolio tab of Sobal or opening the liquidity pool you participated in and scroll down.

If you've managed to follow all the steps correctly, Congratulations you are now a Liquidity Provider!

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Last updated 1 year ago

Moving funds from Solana to NeonEVM via NeonPass

At the time of writing, NeonPass supports:

Neon & Wrapped Neon

Wrapped BTC (Sollet)

Wrapped Ether (Wormhole)

Wrapped SOL

USDC

USDT

Steps

Load the NeonPass website https://neonpass.live and connect your Solana and Neon wallets. ℹ️ Make sure you are connected to Mainnet in the top right hand corner.

Select your assets and the amount

Choose the transaction fee method (*for NEON transactions only)

Press Transfer and repeat this process for any other tokens you wish to bridge across to Neon EVM.

Depositing Liquidity to Sobal pools

Visit https://app.sobal.fi

Select the Pool you wish to add liquidity to, in this example we’ll use the NEON/SOL pool.

Click add liquidity and set the amount of tokens you wish to add ⚠️ Pay careful attention to the price impact of the liquidity you’re adding. We recommend keeping it as balanced as possible (<0.01%). There is an optimize button you can use on the screen that will help you do so.

Sign the approval transactions and add liquidity!

All done! You can check your liquidity at anytime on the Portfolio tab of Sobal or opening the liquidity pool you participated in and scroll down.

If you've managed to follow all the steps correctly, Congratulations you are now a Liquidity Provider!