Get Started as a Liquidity Provider
Become a liquidity provider to earn up to 30% APY in USDT, USDC or DAI
Last updated
Become a liquidity provider to earn up to 30% APY in USDT, USDC or DAI
Last updated
Typically, CFD brokerages (like DXS) outsource their market-making function to liquidity cartels, established exchanges or financial institutions.
DXS is unique in that it outsources the liquidity function to an unbiased autonomous not-for-profit entity: The Open Liquidity Protocol (OLP). The OLP is covered in deeper technical detail in the below link:
The OLP is funded by the public. Becoming an OLP liquidity provider is a first-ever opportunity for retail investors to generate yield from trading losses. No longer is this opportunity exclusively accessible to backbone market participants:
Deposit USDC, USDT or DAI into your Fiorin wallet
Make sure you store a copy of your seed phrase somewhere safe! Your seed phrase is the only way to recover your Fiorin wallet! Additionally, you will need your seed phrase every time you sign into Fiorin with a new browser.
Fiorin supports USDC, USDT and DAI ERC20 stablecoins from Ethereum. Once you select your desired stablecoin in Fiorin, it cannot be changed!
Fiorin has a built-in bridge smart contract, allowing deposits of USDT, USDC and DAI ERC20 stablecoins from Ethereum. As part of Fiorin’s security procedures, ERC20 stablecoin deposits cannot be made until you specify an Ethereum withdrawal address. Once specified, the withdrawal address cannot be changed.
Ethereum deposits will show in your Fiorin wallet after 5 minutes. Your first deposit will be expensive because Fiorin’s bridge smart contract consumes significant gas when processing a first-time user. Subsequent deposits require 4.3x less gas.
The below example shows the initial $54.50 USDT transfer from Binance less $4.50 in Binance gas fees, less $11.38 in Fiorin smart contract gas fees. A total of $15.88 of gas fees paid in total.
Get a wallet
Contribute liquidity on
Notice the banner communicating that 200% of any gas fees paid on deposits and/or withdrawals are credited to the your account on DXS!
Do not despair! Gas fees are not wasted. 200% of any gas fees paid (on deposits AND withdrawals) are credited to your account on DXS! In this case, the Bounty Trading credit is $15.88 * 2 = $31.76
Clicking on the deposit line in the above gif opens the receipt of the transaction in a third-party block explorer service. The deposit amount of $38.62 USDT can be verified on the .
You are prompted to connect your Fiorin wallet when you first visit :
On the account screen of DXS, click 'Provide Liquidity', enter your desired contribution amount, accept the and click 'Send':
