FAQs
Last updated
Last updated
Traditional exchanges use an orderbook to match buyers with sellers. On an AMM platform, users trade against a pool of tokens — the liquidity pool.
Anyone can create a liquidity pool on GAMMA 👇
Users can migrate the existing LP positions on other AMMs like Raydium or Orca and migrate the tokens to GAMMA with just one click from our Migration button!
GAMMA Boosted Pools allow liquidity providers to earn $GOFX tokens in addition to the trading fees earned from the pool.
Any wallet that supports Solana standard can be used on GooseFX to interact with GAMMA, i.e. Phantom, Solflare, Backpack, Ledger and WalletConnect.
You can access GAMMA from your phone browser by connecting your wallet.
Feel free to reach us out!
SOL is required to pay network fees. It is recommended to keep at least 0.05 SOL in your wallet for transaction fees.
Deposit Fee: xxx.xxx
Price impact is the difference between the current market price and the expected price for a trade. Price impact is primarily determined by the size of your trade relative to the amount of liquidity in the pool. As the number of tokens you buy from the pool increases, the price of the token increases as well. This delta in price is called price impact.
Insufficient SOL: SOL is required to pay network fees, it's recommended to keep at least 0.05 SOL in your wallet to ensure smooth transactions.
Slippage Tolerance: Transactions will fail if the price of the underlying pool moves past your Slippage Tolerance.
Approving Transactions: If you see the “Making Transaction” notification in the lower left-hand corner of your screen, you will need to approve the transaction in your wallet.
Liquidity providers earn transaction fees from swaps within the pool.
If you are unfamiliar with the concept of AMM and impermanent loss, check out this blog for a basic understanding (highly recommended).
GAMMA uses the function K = Y*X, which is stateless, offering infinite liquidity to traders with any two tokens, without knowing their relative prices or values.
Permissionless pools enable anyone to create a liquidity pool on GAMMA. Once created, these pools can be traded instantly on the Jupiter interface.
No, GAMMA stores the LP positions linked to the wallet address used for deposits or pool creation, hence no LP token is provided.
Yes, you can redeem liquidity tokens for a proportional share of the pool at any time. Unless you migrated from other AMMs. Migrated LP positions are locked for 36 hours.
LP positions on boosted reward pools can be locked for the first 36 hours to earn boosted rewards.
APY from fees is calculated by total fees collected by the pool in the last 24 hours and extrapolating that to a 365 day year then dividing by the total liquidity in the pool.