> For the complete documentation index, see [llms.txt](https://radixplanet.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://radixplanet.gitbook.io/docs/dex/private-public-liquidity.md). # Private/Public Liquidity RadixPlanet DEX allows the creator of the pool to decide whether or to allow anybody to add liquidity to the pool he creates, or to be able to authorize only specific people who can participate in liquidity providing Both approaches have pros and cons, below we summarize the benifits of each approach and potentially help you out in deciding which approach to follow when you create your liquidity pool ## Public Liquidity Pools A public liquidity pool allows anyone to add liquidity, withdraw their earnings (if the pool has this rule), and earn liquidity mining rewards Public pools are created with predefined set of tokens that can never be changed after creation and a set of fee rules that are also fixed and can never be changed after creation Users usually choose to add liquidity to public pools because of the transperancy and guarantees they get because their are confident that the pool rules will never change and it will remain as-is as when they have provided the liquidity for When a public liquidity pool is created, the following happens: * A liquidity provider badge is created and returned to the pool creator representing his added liquidity and is used to uniquely identify his liquidity possition to withdraw earnings in the future ## Private Liquidiy Pools Private liquidity pools - when created - they are created the same way the public pools are created with one small change, to flag them as private within the creation transaction, This makes the following changes when creating the pool: * A liquidity provider badge is created and returned to the pool creator representing his added liquidity and is used to uniquely identify his liquidity possition to withdraw earnings in the future * A pool member badge is created and returned to the pool creator representing he is a participating member in the pool * A pool manager badge is created and returned to the pool creator, this badge allows its holder to all kinds of available modifications after the pool's creation like: * Adding a new token to liquidity * Removing an existing token from liquidity * Adding new fee rules * Removing rules from existing fee rules * Creating new member badges, allowing new members to participate in liquidity providing * Earn management fees from trades happening on the pool --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://radixplanet.gitbook.io/docs/dex/private-public-liquidity.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.