Creating a Constant Product Pool

Permissionless pools allow anyone to create a liquidity pool on Choice.

It is highly suggested you carefully read and understand this entire guide before creating a pool.

• Choice support factory tokens and/or CW20 tokens, but returns factory LP tokens.

• LP tokens can be burned, which effectively transfers the underlying assets & trading fees to the pool.

• You will have allow Choice to use your CW20 token(s) while creating liquidity pools that contain them.

How to Create a Permissionless Pool

1. Go to the liquidity page on Choice. In the top right corner, click the "Create pool" button.

2. Select the "BASE" token & "QUOTE" token. In INJ/AUSD, AUSD is the quote token.

3. Input the desired amount of tokens to be added to the liquidity pool, then press proceed.

4. A 0.1 INJ fee is required to create a native liquidity denom. Press supply tokens to confirm.

5. After confirming, you must approve the transactions in your wallet. This transaction will initialize the pool, create the AMM account and ID, and add liquidity.

6. Once confirming the transaction in your wallet, the new LP will have been created, you will be provided with the new AMM ID, and the pool will launch at the set start time.

Helping users find your pool:

• Users are encouraged to search for a token by factory address. Users can add tokens to their personal token list if it is not included in the default token lists.

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