What is Liqudity Baking and does Temple support it?

Written by Martin J. Maddox
Updated 1 month ago

What is Liquidity Baking?

Liquidity Baking (LB) is an experimental feature introduced along with the launch of Granada protocol update. It is an XTZ/tzBTC liquidity pool sustained not by a DEX but by the Tezos protocol itself. It is designed to provide protocol-level liquidity for DeFi.

What do you mean when you say you support LB?

Temple wallet mobile supports Liquidity baking. You can add XTZ/tzBTC tokens to the pool directly in the wallet, just visit the Dapp section:

The Temple wallet browser extension supports only swaps for the XTZ/tzBTC liquidity baking pool via Temple router.

How do I add liquidity to this pool?

You can partake in Liquidity Baking via the corresponding tabs in popular Tezos explorers.

Better Call Dev

TzKt.io

Or use Temple Mobile application.

Further reading

To acquire deeper understanding of Liquidity Baking feature please follow these links.

An in-depth explanation of how Liquidity Baking works under the hood and how it will affect the Tezos DeFi ecosystem.

Technical information.

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