How To Initialize The Pool?
If you intend to create a new pool on BitSwap, you need to initialize the pool first and set the starting price.(Note: Gas fees will be higher than usual!)
You can also input the token contract to add other tokens.
To ensure your pool has sufficient liquidity for trading, we recommend adding liquidity across multiple ranges. This ensures that tokens can be traded in various price ranges, providing ample liquidity for users to swap.
Allocate 20%-30% of the total liquidity across all price range.
Dedicate 30%-40% of the total liquidity within ±50% of the current price.
Provide the remaining liquidity within ±20% of the current price.
In addition, you can add liquidity to single side of the pool to control the price, preventing it from going too high or too low and avoiding extreme price fluctuations.
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