How to Add/Remove Liquidity
Last updated
Last updated
Liquidity is essential how Decentralized Exchanges like 9inch or PulseX work. You can add liquidity by binding two tokens and "staking" them in the Liquidity page.
In return for providing liquidity, you will earn trading fees on that pair and receive Nine Inch LP tokens (NINE LP), that you can stake in the Farms to earn $BBC token as reward.
In this section you will learn how to add and remove liquidity on 9inch.
Go to the Liquidity page.
Click [Add Liquidity]
Next, from the drop down menus, select the desired token pair you want to provide liquidity for.
Here in this example ETH and BBC.
Input the desired amounts to provide.
Here it was chosen to provide 1000 $BBC and $ETH ratio was automatically calculated.
If needed, first [Enable] both tokens
Once you have enabled both tokens, click [Supply]
You will get a more detailed view of the token ratios and of your share of the total LP pair.
Review and [Confirm Supply]
Your wallet will ask for confirmation. Review and confirm the transaction in your wallet.
Wait for the blockchain to accept the transaction.
Your liquidity will now show up in the Liquidity page.
Go to the Liquidity page.
Click on the drop down menu to expand for a more detailed view of your LP pair.
Once you have expanded the tab, you can choose to either [Remove] or Add liquidity instead.
Click [Remove]
Choose how much LP you want to remove. Here 75% was chosen.
Once you are happy with how much to remove, first click [Enable]. Your wallet will ask to review and sign the message in your wallet.
Then you can proceed to [Remove]. Review and confirm the transaction in your wallet.
Once the transaction is accepted by the blockchain, the LP is burned and corresponding amount of token pairs are returned to your wallet address.