Part 4/8:
Connect Your Wallet: Start by connecting your wallet to Meteora. For instance, if you have 51 Solana, swapping half of that for another token, such as the EMY token, establishes a balanced pair for your liquidity provision.
Select Your Strategy: Meteora offers three volatility strategies: uniform distribution, concentrated approach, and bid-ask strategy. For liquid markets, my preference is the curve strategy, which captures a wider range of movements and maximizes capital efficiency.
Adjust Your Balance: Decide how much of each asset you want to allocate and finalize the add liquidity transaction. This’s where you start earning fees, reflecting your liquidity's active participation in the trading pool.