How to Add/Remove Liquidity
Last updated
Last updated
"Liquidity" is central to how MozartFinance's Exchange works. You can add liquidity for any token pair by staking both through the Liquidity page.
In return for adding liquidity, you'll receive trading fees for that pair, and receive LP Tokens you can stake in Farms to earn MELODY or VIOLA rewards!
To provide liquidity, you’ll need to commit an amount of any token pair you like. Your lowest value (in USD) of the two tokens will be the limit to the liquidity you can provide.
In this example, we will add liquidity using BNB and MELODY.
1. Visit the Liquidity page.
2. Click the Add Liquidity button.
3. For the top Input, leave BNB as it is.
4. For the bottom input, click ‘Select a currency’ and pick MELODY.
5. Enter an amount on one of the tokens under “Input”. The other will calculate automatically.
(If your balance is too low on one pair enter a lower amount.)
6. Click the Approve MELODY button. Your wallet will ask you to confirm the action.
7. The Supply button will light up. Click it.
8. A window will appear saying how much you will receive. Click the Confirm Supply button. Your wallet will ask you to confirm the action.
9. After a short wait you will see your LP Token balance at the bottom of the page.
You can repeat the steps above to add more liquidity at any time.
To remove liquidity.
1. Visit the Liquidity page.
2. Click on your pair under “Your Liquidity”.
3. Click Remove. A new window will appear.
4. Use the buttons or slider to choose what percent to remove. Choose MAX to remove everything.
5. Click Approve. Your wallet will ask you to confirm the action.
6. The Remove button will light up. Click it.
7. A window will appear saying what you will receive. Click Confirm. Your wallet will ask you to confirm the action.
8. After a short wait you will see your new LP Token balance at the bottom of the page.
