Pool Shares

Pool shares are a special type of asset on the Stellar network. Unlike standard assets, pool shares cannot be transferred directly between accounts. Instead, they represent your ownership in a liquidity pool and change only when you deposit to or withdraw from the pool.

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How Pool Shares Work

When you provide liquidity to a Stellar liquidity pool, you deposit two assets in a specific ratio. In return, you receive pool shares proportional to your contribution. These shares represent your claim on the pool’s assets and your share of the trading fees earned.

• Increasing Pool Shares: You can increase the number of pool shares you hold by adding more liquidity to the pool.

• Decreasing Pool Shares: You can reduce your holdings by withdrawing liquidity, which converts your pool shares back into the underlying assets.

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Key Characteristics

1. Non-transferable: Pool shares cannot be sent to other accounts. They exist only as a record of your stake in the pool.

2. Earning fees: While you hold pool shares, you earn a portion of the trading fees generated by the pool, proportional to your share.

3. Dynamic value: The value of each pool share fluctuates depending on the pool’s asset balances and market activity.

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Using Pool Shares in Scopuly

In the Scopuly mobile app, you can:

1. View your pool shares: Tap the “Pool Shares” section in your wallet to see all pools where you currently have liquidity.

2. Add liquidity: Increase your pool shares by depositing assets into a pool.

3. Withdraw liquidity: Decrease your pool shares and claim your underlying assets along with any earned fees.

💡 Tip: Always monitor your pool shares carefully. The value can fluctuate due to market conditions, impermanent loss, or changes in trading volume.