Add/Remove liquidity on SideSwap
Last updated
Last updated
Liquidity is at the core of SideSwap's operation. You can add liquidity for any token pair on the liquidity page. As a reward for adding liquidity, you will receive trading fee rewards for that particular trading pair.
Click on the "Pools" page and then click on the "Add Liquidity" button.
Click on the dropdown menu on the right, add the two tokens you want to add (e.g. USDT/IDE) and enter the amount you want to add. After entering the amount in one token input box, the other box will be automatically calculated and filled in with the corresponding amount. If one token does not have enough balance, the button will turn gray. You can enter a lower amount or use the "MAX" button to fill in the maximum amount.
Click on the "Approve USDT" button and confirm the authorization operation in your wallet.
Afterwards, the "Supply" button will light up, click on it to proceed.
After clicking, a new window will pop up where you can preview the details of your liquidity position. Once you have confirmed that everything is correct, click "Confirm Supply" again to proceed.
You will need to confirm the operation in your wallet, so click "Confirm". Once the operation is complete, click "Close".
After adding liquidity, you can see your liquidity position below the "Add Liquidity" section.
Click on the "Pools" page, then click on the dropdown menu under "Your Liquidity".
Click on "Remove" to proceed."
Select the amount you want to remove, confirm the amount of tokens you will receive, click on "Approve", and sign the transaction in your wallet to confirm.
Click on "Remove", confirm the token information again, click on "Confirm", and sign the transaction in your wallet to confirm.
You will receive the two tokens you added to the liquidity pool. If you did not remove all of your liquidity, the liquidity page will update to show the remaining value of your liquidity position.
