⚡How to Add Liquidity
Last updated
Last updated
"Liquidity" is essential to the operation of MiaSwap's Exchange. Staking both tokens on the Liquidity page will add liquidity to any token pair.
You will receive trading fees for that pair in exchange for adding liquidity, as well as LP Tokens that you can stake in Farms to earn rewards!
To provide liquidity, you must commit an amount of any token pair of your choice. Your lowest (in USD) token value will be the limit to the liquidity you can provide.
You can easily trade for whatever tokens you require. If you need to, refer to our How to Swap Tokens guide.
We will add liquidity in this example by using MIA and BUSD.
Go to MiaSwap Exchange.
Go to the Liquidity section.
2. Select the Add Liquidity button.
3. Click 'Select a token' for the top Input. Then select one of the tokens in the liquidity pair to which you want to add liquidity. We will choose MIA as an example here.
Then, click 'Select a token' for the bottom input. And then select the other token in the liquidity pair to which you want to add liquidity. BUSD will be used as an example in this section.
4. Fill in the amount on one of the tokens under "Input." The other should be automatically calculated and filled.
(If one of the tokens does not have enough balance, an error message will appear and the button will be greyed out; please enter a lower amount to proceed.)
5. Click the Approve MIA button. Your wallet will ask you to confirm the action.
6. The Supply button will then light up. Click to proceed. Your wallet will ask you for confirmation. Confirm your transaction from your wallet.
Soon after, your LP Token balance will appear.
You can repeat the above steps to add more liquidity or add liquidity to different pairs.