Solana Liquidity Creation and Buying Guide
While creating a liquidity pool, simultaneously perform token purchases to effectively simplify the trading process and accelerate market participation. This allows you to get a head start and potentially earn returns earlier.
How to use Solana to create a liquidity pool and buy tools (Raydium V2):
Connect your wallet.
Select the trading pair for which you want to create a liquidity pool.
Retrieve the OpenBook market ID of the selected trading pair.
Enter the amount of tokens to be added to the liquidity pool.
Configure the buying parameters: choose to buy using the current wallet or import a wallet.
Set the amount to buy at the opening, aiming for 100% earliest purchase.
Submit the transaction on-chain to complete the creation of the liquidity pool and the simultaneous purchase.
Preparation:
A computer or a mobile phone
Solana wallet (Phantom Wallet installation guide)
Prepare at least 0.5 SOL in the wallet (Raydium will charge 0.4 SOL)
Tokens to be added to the liquidity pool and the OpenBook market ID
Private key of the address for buying and some SOL
Specific Steps:
Connect your wallet.
Select the trading pair for which you want to create a liquidity pool.
Retrieve the OpenBook market ID of the selected trading pair.
Enter the amount of tokens to be added to the liquidity pool.
Set the buying parameters, supporting purchases using the current wallet or an imported wallet.
When buying with the current wallet, simply enter the purchase amount.
Import wallet for purchase:
To ensure a 100% successful bundled purchase, up to 3 addresses can be imported for bundled buying.
There are 3 wallet address input fields by default; if only 1 or 2 addresses are needed for the purchase, delete the extra address input fields.
Advanced options (optional) to increase on-chain speed and success rate.
Submit on-chain to complete the creation of the liquidity pool and simultaneous purchase.
The creation of the liquidity pool and the purchase are bundled together. If the liquidity pool creation fails, the purchase will not succeed; similarly, if the purchase fails, the liquidity pool creation will also fail. Therefore, if it fails, you can try multiple times, which will only consume a small amount of GAS fees.
This feature relies on Jito's bundling functionality. Due to the complex influences of the network environment, Jito nodes, RPC nodes, and block processing engines, this feature may face a high failure rate. If the operation fails, no fees will be incurred. Please try changing the RPC node, block processing engine, increasing Jito's tip, and consider attempting again during periods of lower on-chain activity.
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