> For the complete documentation index, see [llms.txt](https://jexchange.gitbook.io/english/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://jexchange.gitbook.io/english/how-to/create-manage-your-liquidity-pools.md). # Create/Manage your liquidity pools From the [Pools](/english/pools.md) page, you can create your own liquidity pool.

## Create a pool You can create your own liquidity pool using the **Create** button. Select both first and second tokens: * First Token: the token you want to list * Second Token: the quote token. Note that using JEX as second token has a lower cost than using WEGLD or USDC or a custom token.

Once the pool is deployed, you will be redirected to the list of pools, with "My Pools" filter set to ON. Click on it to view its details and continue the setup in the "Manage" section.

Then you must claim ownership of the LP. After that you truly own the smart contract.

Then issue the LP token which will be used as a receipt for liquidity providers. Note that there is a 0.05 EGLD network fee to issue the token.

Then enable mint & burn of the LP token.

Next step if to add initial liquidity.

Note that the initial liquidity deposit defines the initial exchange rate of the tokens in the pool. **Make sure to double-check the amounts.**

The liquidity pool is now live and users are able to deposit liquidity. ## Manage a pool You can easily enable or disable swaps.

When swaps are enabled, the pool gets automatically configured in the DEX aggregator and appears in the [Swap](/english/how-to/swap-aggregator.md) tool. You can claim "developer rewards" from the pool smart contract, which is equal to 30% of gas consumed by swapping in the pool. The more swaps in the pool, the more rewards.