GENESYS BLOCKCHAIN
  • ⛓️GENESYS BLOCKCHAIN (GCHAIN)
    • ⛓️GCHAIN
    • ✅What is GCHAIN?
    • ✅Proof of Authority
    • ✅Validators
    • ✅(GSYS)
    • ✅How to add Gchain to your wallet
    • 📚Glossary
    • ⚠️Terms & Conditions
  • 🐘GENESYS WALLET (GWALLET)
    • 🐘How to create your Gwallet
  • GENESYS VIEWAPP
    • 📊GVA General Aspects
      • 📈Why GVA?
        • 📊GenesysView App
        • 📈GVA products & Services
        • 📈GVA Features
        • 📈GVA Launchpad
          • Connect Wallet
          • Change Network
          • Let's Connect
          • Coin Crafter
            • Mint Coin
            • My Token Collection
          • Genesys Platform
            • Launch Pre-sale
            • Pre-sale Directory
          • Reward Lock
            • Set up Pool
            • Pool Ledger
          • Prize Draw
            • Launch Simple Lottery
            • Lottery Roster
          • Secure Vault
            • Establish Secure Lock
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            • Liquidity Vaults
          • Utility Kit
            • Multisender
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            • Soon!
            • Market Maker
          • Collaboration Hub
        • 👨‍💻GVA P2P exchange
        • 🔐GVA Privacy & Security
  • BLUELOTUSDAO
    • Introduction
      • Best returns/yield for Liquidity Providers (LPs)
      • Best Rates for Traders
    • BlueLotusDAO Products
      • 🔁Exchange
        • Token Swap
        • Time to Trade
        • LPs (Liquidity Pools)
        • How to Add/Remove Liquidity V2
        • How to Add/Remove Liquidity V3
      • 🚜Farming
        • How to Use Farms
      • 🪙Pools
        • How to Stake in Pools
      • BlueLotusDAO Protocol
        • How BlueLotusDAO works
        • Programmable Pricing Curve
        • Dynamic Fee
        • BlueLotusDAO Ecosystem
        • Adding Liquidity in BlueLotusDAO
        • Protocol Fee
        • BLDT TOKENOMICS
          • BLDT Description
          • Deflationary Mechanisms
  • BLUELOTUSDAO GOVERNANCE
    • Introduction
    • Native Token
    • Governance
      • 📝Summary
      • 📚Categories
      • 🤝Voting
        • Voting Authority
      • ⚙️Governance Process
        • Governance Stages
          • Temperature Check
          • Consensus Check
          • Governance Proposal
      • 🔗Security
      • 🌎Blue Lotus Foundation
  • BLUE20-BRIDGE
    • Blue20-Bridge Intro
    • Blue20-Bridge
    • How to use Blue20-Bridge
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  • Adding liquidity
  • Removing Liquidity V2:
  1. BLUELOTUSDAO
  2. BlueLotusDAO Products
  3. Exchange

How to Add/Remove Liquidity V2

PreviousLPs (Liquidity Pools)NextHow to Add/Remove Liquidity V3

Last updated 1 year ago

"Liquidity" is essential to how BlueLotusDAO'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 GENESYS rewards!

Adding liquidity

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.

You can easily trade for any tokens you need. Visit our guide if you need to.

In this example, we will add liquidity using GSYS/USDT.

1. Visit the Liquidity page.

2. Click the Add Liquidity button in either V2 or V3 versions, this is the V2 example section.

3. For the top Input, click 'Select a currency'. Then choose one of the token in the liquidity pair you want to add liquidity to. Here, we are going to use GSYS/USDT as an example.

4. For the bottom input, click ‘Select a currency’. And choose the other token in the liquidity pair you want to add liquidity to. Here, we are gong to use GSYS/USDT as an example.

5. Enter an amount on one of the tokens under “Input”. The other should be calculated and filled automatically.

(If one of the token does not have enough balance. You will see an error and the button being greyed out. Please enter a lower amount to proceed.)

6. Click the Enable USDT button. If you are adding liquidity against tokens other than GSYS, you might need to click enable twice for each token in your pair. Your wallet will ask you to confirm the action.

  1. Your wallet will ask you for confirmation. Confirm your transaction from your wallet. Please keep in mind for security purposes to allow your exact spending cap only.

8. Soon after your wallet approval you will see the add LP on your screen.

  1. After you click "Add" it will asked you to confirm the supply.

  1. After confirm supply it will take you to your wallet to confirm transaction again.

  1. After you confirm your transaction it will take you to back to the liquidity section on the DEX and you need to add your LP contract to your wallet by clicking Add BLDT-LP to wallet.

  1. After click it will take you back to your wallet, Click on "Add Token".

Removing Liquidity V2:

To remove liquidity.

1. Visit the Liquidity page.

2. Click on the pair you want to remove liquidity from under “Your Liquidity".

3. Click Remove. A new modal will appear.

4. Use the buttons or slider to choose how much liquidity you want to remove. Choose MAX to remove all of your liquidity from this pair.

5. Click Enable. Your wallet will ask you to sign the action.

  1. A signature request will appear in your wallet, click "Sign". it will take you back to the remove liquidity section.

7. Click Remove.

8. After the transaction is confirmed. You will receive two of the tokens from your pair. And if you haven't remove all of your liquidity, your remaining liquidity value will be updated on "My Liquidity" page.

  1. After you confirm your transaction Tokens will be back to your wallet.

🔁
Time to Trade on Blue Lotus DAO
Add V2 Liquidity
Add Liquidity in V2
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Add Liquidity in V2
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Add liquidity V2
Adding V2 Liquidity
Adding V2 Liquidity
Adding V2 Liquidity
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Add V2 liquidity
Add V2 liquidity
Removing V2 liquidity
Removing V2 Liquidity
Removing V2 Liquidity
Removing V2 Liquidity
Removing V2 Liquidity
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Remove V2 Liquidity
Remove V2 Liquidity
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