> For the complete documentation index, see [llms.txt](https://docs.planet.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.planet.finance/planets/blue-planet/pools.md).

# Pools

![Pools - Blue Planet](/files/yuPCIALcbmbbjduCnB4G)

### What are liquidity pools?

Liquidity Pools (LP) are decentralized pools of two tokens that allow anyone to use them to swap one token for another. Planet charges 0.25% fees for all swaps. 0.13% of that is earned by liquidity providers & 0.12% goes to the protocol to burn AQUA & buy GAMMA.

Anyone can earn a share of trading fees by depositing a pair of tokens into the LP (this is known as "Adding liquidity").&#x20;

### What types of liquidity pools are on Planet?

1. Planet LP's: These LP's live within Planet's AMM
2. Boosted LP's (Aggregated): These are the best LP opportunities from other protocols aggregated for you. The reward tokens earned here are converted into GAMMA & paid to depositors. In addition to that, you'll earn trade fees and more GAMMA paid to you by the protocol.

### What is "My Pools"?

Once you deposit any assets into pools, they will move up into the my pools column so you can easily track where you have active deposits.

![My Pools - Planet.finance](/files/5S1bP1AAZzRhtcD88qJA)

### Tutorial: How do I add liquidity to a pool?

1. Go to the Pools page
2. Click on the pool that you want to deposit into
3. Click the purple Transform button

![Pool Deposit - Blue Planet](/files/CaoVACxmWbWObxueulng)

&#x20; 4\. Select the token and amount that you want to use to get LP tokens

&#x20; 5\. Approve the contract, and then after confirmation click Create LP

&#x20; 6\. Once you get your LP tokens, you can just deposit them into the pool to start earning.

![Transform - Blue Planet](/files/7xj4GoHV35rOPIaIlWlL)

### Tutorial: How do I remove liquidity from a pool?

1. Click on the pool that you have funds deposited in
2. Click on withdraw
3. Enter the amount you want to withdraw and then click withdraw

![Pool Withdraw - Blue Planet](/files/aZO4cky0bpfwmETPvi0B)

&#x20; 4\. After it confirms click deposit and then click the purple transform button

&#x20; 5\. Then click on Convert LP

![Convert LP - Blue Planet](/files/J6YYqSDD5QvT1r67qq71)

&#x20; 6\. Enter the amount of LP tokens you want to convert & select the token you want to receive

&#x20; 7\. Once you click Convert and your transaction confirms you should have tokens in your wallet
