how-to-create-liquidity-pool-ali-agent.md

How to create a Liquidity Pool on Uniswap for the Token of your ALI Agent?

Setting up a liquidity pool allows users to swap ALI Agents token for their existing assets. To facilitate your ALI Agents ecosystem you must create a liquidity pool of your ALI Agents liquidity token.

Prerequisites

1. Token of your ALI Agent. How to launch a token?
2. Basic knowledge of how DEX works
3. Your wallet must have a sufficient balance of the token and the token you want to create the pair against.
4. You must define a price for your token.

For example,

Let's say I have a token of an ALI Agent with the following details.

Address: 0xC6729C6cFc6B872acF641EB3EA628C9F038e5ABb, Name: Elana, Symbol: ELN

And I want to create a pair of (ELN / USDc). Since I am the first Liquidity provider of this token I will be defining the price of this liquidity pool.

For this example, I say that 1 ELN is equal to 0.1 USDc. And I want to add liquidity of 1000 ELN. In this case, I must have a balance of 1000 ELN and 100 USDc in my wallet.

Once you have checked all the prerequisites you can follow this Uniswap's article to create a liquidity pool.