How to Add/Remove Liquidity
Last updated
Last updated
"Liquidity" is central to how LuchowSwap's Exchange works. You can add liquidity for any token pair by staking both through the Liquidity page.
In return for adding liquidity, you'll receive trading fees for that pair, and receive LP Tokens you can stake in Farms to earn LUCHOW rewards!
To provide liquidity, you’ll need to commit an amount of any token pair you like. Your lowest value (in USD) of the two tokens will be the limit to the liquidity you can provide.
In this example, we will add liquidity using BNB and LUCHOW.
Click the Add Liquidity button.
3. For the top Input, click 'Select a currency'. Then choose one of the token in the liquidity pair you want to add liquidity to. Here, we are gong to use BNB as an example.
4. For the bottom input, click ‘Select a currency’. And choose the other token in the liquidity pair you want to add liquidity to. Here, we are gong to use LUCHOW as an example.
5. Enter an amount on one of the tokens. The other should be calculated and filled automatically.
(If one of the token does not have enough balance. You will see an error and the button being greyed out. Please enter a lower amount to proceed.)
6. Click the Enable LUCHOW button. If you are adding liquidity against tokens other than BNB, you might need to click enable twice for each token in your pair. Your wallet will ask you to confirm the action.
7. The Supply button will then light up. Click to proceed.
To remove liquidity.
2. Click on the pair you want to remove liquidity from under “Your Liquidity".
3. Click Remove. A new modal will appear.
4. Use the buttons or slider to choose how much liquidity you want to remove. Choose MAX to remove all of your liquidity from this pair.
5. Click Enable. Your wallet will ask you to sign the action.
6. The Remove button will light up. Click to proceed.
7. A window will appear showing how much token you will receive. Click Confirm. Your wallet will ask you to confirm the action.
8. After the transaction is confirmed. You will receive two of the tokens from your pair. And if you haven't remove all of your liquidity, your remaining liquidity value will be updated on "My Liquidity" page.
You can easily trade for any tokens you need. Visit our guide if you need to.
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