📠
How to Add/ Remove Liquidity
Liquidity is an essential element to the function of SMBSwap Exchange. 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 SELF 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.
You can easily trade for any tokens you need. Visit our How to Trade on SMBSwap guide if you need help.
In this example, we will add liquidity using BNB and SELF.
2. 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 going 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 SELF as an example.
5. Enter an amount on one of the tokens under “Input”. The other should be calculated and filled atuomatically. (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 SELF 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.
8. Your wallet will ask you for confirmation. Confirm your transaction from your wallet.
9. Once your transaction is confirmed, your LP Token balance will update at the bottom of the page.
You can repeat the steps above to add more liquidity at any time.
To remove liquidity.
2. Click on your pair under “Your Liquidity”.
3. Click Remove. A new window will appear.
4. Use the buttons or slider to choose what percent to remove. Choose MAX to remove everything.
5. Click Approve. Your wallet will ask you to confirm the action.
6. Once your approval transaction is confirmed, the Remove button will light up. Click on it.
7. A window will appear saying what you will receive. Click Confirm. Your wallet will ask you to confirm the transaction.
8. Once your transaction is confirmed, your updated LP Token balance will appear at the bottom of the page.
Last modified 20d ago