KoffeeMug | How to Pair and Unpair Liquidity Tokens
This guide will show you how to pair liquidity on KCC
After connecting your wallet to Koffeeswap.exchange click on the “Pool” button on the top left of the screen.
By adding liquidity you’ll earn 0.25% of all trades on this pair proportional to your share of the pool. .05% is distributed among the Koffeeswap team. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.
Tip: You MUST have both tokens you wish to pair.
Example: You need 5 KOFFEE/KCS LP tokens for this amazing feature…You will need BOTH KOFFEE and KCS tokens and the value is determined by their ratio in price.
You will be greeted with a screen that looks like the image below. There are a few different options on this screen.
- Create a Pair
Create a brand new liquidity pool on the exchange. This is for the token creators. Once you have created your smart contract and have the tokens in your dev wallet, pair those tokens with KCS here and you will create the ratio of KCS/(Your Token) so that people may begin trading - Add Liquidity
This is where you become a liquidity provider for a pool that already exists. You might want to do this to support a project or to receive benefits the project offers to LP Token holders. - Don’t See a Pool You Joined? Import It
If you have already added liquidity to a pool on Koffeeswap, this is where you can import that pool if it is missing from your list of LP tokens.
Once you have clicked “Add Liquidity” you will be greeted by the screen below. Input both tokens you wish to pair and decide the amount that you would like to pair on this screen.
Here is what pairing KCS with KOFFEE looks like in action. First, you will need to choose both tokens in the pair and approve the transaction. You will then click “Supply”.
Brewing with Your LP Tokens
After pairing your LP tokens you can head over to the “Brew” tab and stake your tokens into the farming contract, we call this brewing…because we are your Koffee Baristas!
We also have a very helpful guide for how to brew your LP tokens here on our medium page.
Hopefully all of this has been helpful and informative to you. If not, please head over to our telegram to ask any further questions!
Article Written by TUKYO