With Marnotaur, you can be a Liquidity Provider and/or Trader.

<aside> ⚙ To get started with Marnotaur, you need to link up your wallet by clicking on the button in the upper right corner.

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Liquidity Provider

To become a Liquidity Provider, you must select the pool you like in the ‘All Pools’ or ‘Earn as Liquidity Provider’ tab, then click on the ‘Deposit as LP’ button and you’ll see the following screen:

• On the left, all the necessary details about the selected pool are displayed.

• On the right, you can see the APY, the current balance and the pool share percentage. If this is your first time as an LP, the values in the window on the right will all show 0; if you are a returning LP, your current pool share % will be shown here.
• You can see the balance of the selected coin in your wallet. When you hover over it, you will be shown your allowance, if needed.
• In the input field, you must enter the deposit amount as LP and click on the ‘Deposit’ button. You can also use the ‘MAX’ button to automatically enter the maximum amount available in the wallet.
• If you are already an LP in this pool, the ‘Withdraw’ button will be active, which you can use to withdraw the required amount of funds. If you have not been an LP before, the Withdraw button will be unavailable.

On the ‘Earn as Liquidity Provider’ screen, information about the pools you are participating in as an LP will be available by click, along with your position, balance and the associated APY. Using the buttons in this column, you can close a position or add more liquidity.

Trader

On the ‘Take 5x Leverage’ screen, users can select one of the available coins and open a margin position with 5x leverage. The screen also displays the amount of funds in the protocol, amount of liquidity available for loaning, as well as the percentage at which the loan can be taken.

Once you are in the Take 5x Leverage page, you’ll see a number of details: what size position can be opened, the sum of the collateral, the debt amount and the price at which liquidation will happen. Initially, all these positions will be 0.

After entering the amount in the appropriate field, all these values will be recalculated accordingly. If the user agrees to the terms, they click on the ‘Borrow 5x’ button, initiating the opening of the position and a request to sign the transaction. Once completed, the user’s margin position is opened.