Provide Liquidity USDT - wLYX
When you provide liquidity for the USDT/wLYX pool you're helping make the market more efficient, while earning fees for yourself. Better liquidity attracts more traders, which increases volume and therefore liquidity providers earn more fees. The risks of impermanent loss can potentially be mitigated by higher volumes and having a stablecoin as part of the pair.
You can join our liquidity pool and start earning fees by providing liquidity in the USDT/wLYX pair on Uniswap.
Here is how you join our pool on Uniswap:
Go to app.uniswap.org/pools
Connect your wallet and click open a new position
Select the USDT/wLYX pair and choose a 0.30% fee (the contract address for wLYX is
0x0808E6C4400BdE1d70Db0d02170b67DE05E07eF5
). Select how many USDT and wLYX you want to provide as liquidity on Uniswap. Note: you need to provide both 50% wLYX and 50% USDT to start with.Check the details and approve the transactions, you can set the approval of wLYX to the max amount of tokens you provide. Click the Add button and you're set!
If you have any questions or need some support, please reach out to us on Discord or Common Ground.