Providing Liquidity (on Pendle)

Similar to Curve integration, Hinkal allows users to provide liquidity on Pendle pools privately.

Select the pool you want to provide liquidity at. Let's take the eETH (26 Sep 2024) pool on Ethereum as an example.

You can access all the information about the Pool (eg APY), including Total Liquidity. Hinkal fetches this data directly from Pendle.

Zap In

The Zap In function is the easiest way to add liquidity to the pool. First, you choose the desired tokens to add to the pool.

Pendle provides multiple options of tokens to choose from. In the background, Pendle handles all required transactions to swap the chosen token and add liquidity to the pool.

Then you enter the desired amount and press Zap In.

Zap Out

Similar to Zap In, the most convenient way to remove liquidity from Pendle pools is the Zap Out option. First, you enter the amount or percentage of the deposited tokens you would like to remove.

Then, you can choose any of the available Output token options.

Pendle calculates the conversion rate and provides the Output amount automatically.

Costs Breakdown

For all the Pool functions described above, you get a preview of the costs involved in compensating the Relayer.

• Hinkal uses gas stations to accurately predict the gas needed before the transaction is submitted. Press 'ESTIMATE' to get an accurate estimate of the gas costs at the exact point in time.

• You can also change slippage tolerance manually by pressing the gear icon.

• Last is the Hinkal commission, currently set to 3bps, making Hinkal the lowest-cost zk solution enabling discreet transactions in the market.

Manual

For more advanced users, Pendle provides the option of manually adding liquidity. Users are required to provide the correct ratio of the underlying tokens (in this case weETH) and PT tokens (in this case PT-weETH).