Velar DEX enables users to create custom liquidity pools, expanding Bitcoin DeFi's trading capabilities. Self-deployed pools let you:

• Set up trading pairs with STX

• Earn fees from trading activity

• Support token liquidity

This guide covers the complete process of deploying and managing your pool on Velar - from initial setup to liquidity management.

Requirements

• Minimum 200 STX for pool creation

• Token contract address for your target pairing

• Connected wallet with sufficient balance

Step-by-Step Process

1. Access Pool Creation Navigate to the Pool section at app.velar.com/pool and select "Create a Pair" in the top right corner.

2. Set Up Your Pool

• Choose STX as your first token in the "You're paying" field

• Enter the amount (minimum 200 STX required)

• Click "Select Token" in the "To Receive" field

• Input your desired token's contract address or select from the available tokens

3. Review Pool Details

• Verify token pair selection

• Confirm deposit amounts

• Check initial pool parameters in "View pool details"

4. Deploy Your Pool

• Click "Create" to initiate deployment

• Confirm the transaction in your wallet

• Wait for blockchain confirmation

5. Track Your Pool 

Monitor your newly created pool in the "Bonding Curve & Self-Deployed Pools" section, where you can view:

• Pool status

• Token amounts

• Listing price

• Trading activity

Pool Position Management

Access your active liquidity positions through the "My Positions" tab in the Pools section. Each position displays:

• Amount locked

• Pool share percentage

• 24-hour fees earned

Liquidity Options

Remove Liquidity

• Withdraw your liquidity when you want to exit the pool

• Receive back both tokens based on current pool ratios

• Maintain flexibility for future redeployment

Burn Liquidity

Before burning LP tokens, understand these key points:

• Burning permanently locks your liquidity in the pool

• Burned tokens cannot be reclaimed

• Your pool will display an "LP Burnt" tag after burning

• This action is irreversible

Burning Process

1. Select your pool position

2. Choose "Burn LP" option

3. Enter the amount of LP tokens to burn

4. Review the token amounts you'll lock

5. Confirm the permanent burn transaction

Key consideration: The "LP Burnt" status signals stronger commitment to the pool's longevity and building trust among the community, but carefully evaluate your liquidity needs before proceeding with an irreversible burn.