Add Liquidity to lisUSD
Liquidity pools, essential for decentralized exchanges (DEXes) and DeFi platforms, consist of two or more tokens locked in a smart contract. Users who provide liquidity to these pools receive LP tokens in return, representing their share of the pool and allowing them to earn a portion of the trading fees.
There are several DEX options to add liquidity with your borrowed lisUSD, and will release them step by step. Currently, we offer liquidity pools on Uniswap.
Adding Liquidity to lisUSD Token Pairs
Connect Wallet: Connect your compatible wallet (e.g., MetaMask) to the DEX or DeFi platform supporting lisUSD.
Select Token Pair: Choose the lisUSD token pair you'd like to provide liquidity for (e.g., lisUSD-BNB).
Deposit Tokens: Deposit an equal value of both tokens in the selected pair.
Confirm Transaction: Approve the transaction, receiving LP tokens representing your pool share.
Adding Liquidity to lisUSD-Only Pools
Connect Wallet: Connect your wallet to the DeFi platform offering lisUSD-only pools.
Select lisUSD Pool: Choose the lisUSD-only pool you'd like to provide liquidity to.
Deposit lisUSD: Deposit your lisUSD tokens into the pool.
Following these steps, you can successfully add liquidity to lisUSD token pairs or lisUSD-only pools and earn rewards as a liquidity provider.
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