In order to provide liquidity and be able to get rewards, read the How to below.
After the How to, you can find Educational content on what is liquidity providing and how it works. We recommend you to read it before proceeding.
How to provide liquidity and get rewards?
First of all, you’ll need MATIC token and JP3G token. When you provide liquidity, you need the same $ worth of each token. Meaning that in order to provide 100$ worth of MATIC, you also need 100$ worth of JP3G token. Then you can proceed as follow:
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Head to this link: QuickSwap (it’s the liquidity providing link, not the swap)
- You might or might not see this prompt, if you do just check “I understand” and click continue
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You’ll see this screen below.
- If Token 2 isn’t JP3G, just search for it by pasting this address:
0x4BFcE5A1aCC3B847AFa9579bA91DA33b08e66fb7
- Make sure you’re providing liquidity on V2, written next to “Pool”.
- Enter the amount of Matic you want to provide, it will calculate the amount of JP3G needed in order to proceed.
- Remember that if you provide 100$ worth of MATIC, you’ll need 100$ worth of JP3G, based on the price of the token at the time of providing.
- Click on approve JP3G and proceed with the transaction in your wallet. Then the “Supply” button will be available. Click on it
- A prompt asks you to confirm the liquidity providing
- Click confirm supply and proceed with the transaction in your wallet
- Once done, you’ll see the prompt below, click on “View on Block Explorer” to get your transaction link.
- Providing liquidity will take your tokens (MATIC/JP3G) from your wallet to add them in the pool, and in exchange you get a proof of liquidity providing called Liquidity Providing Tokens (or LP token).
- It represents your share of the liquidity pool and it’ll be useful if you want to remove the liquidity you provided in the pool. You can find the address of the LP token in the transaction.
- Click on the Uniswap V2 token and then in the new page it opens, copy the address of your LP token and add it to your wallet as a custom token. You’ll then see your LP tokens in the wallet.
- Once done, provide the transaction link to Cosmos#3553 on Discord. It’ll be used to calculate your rewards at the end of each month.
- If you Remove the liquidity, please also send the transaction link to Cosmos#3553 on Discord.