Adding Liquidity on Pancake Swap
We will learn how to add liquidity on FUSE-BNB pair on Pancakeswap.
Prerequisites:
· You should be connected to Binance smart chain RPC. (Tutorial link)
· BNB and FUSE should be on Binance smart chain network. To learn how to bridge them from Fuse network to BSC using Fuseswap this tutorial.
Note: Make sure you know about impermanent loss before adding liquidity to a pool.
Step 1: Navigate to https://exchange.pancakeswap.finance/#/swap and connect your wallet. Once you connect, you should be able to see your wallet address and see the network you are connected to.
Step 2: Click on “Liquidity” and then on “Add liquidity”. Select the FUSE token by entering the contract address of FUSE (0x5857c96dae9cf8511b08cb07f85753c472d36ea3) and BNB. Enter the amount of FUSE you want to add to the liquidity pool and automatically corresponding amount of BNB will show up. Click on “Approve FUSE” and approve the transaction on Metamask. Once you approve and the transaction is confirmed on-chain the interface will look as shown below.
Step 3: Click on “Supply” and double check the details on the popup. Once done approve the transaction on Metamask. Once the transaction is approve you will see the amount of LP tokens you receive for the liquidity provided on FUSE-BNB pair as shown below.
You can stake the LP tokens on rewards.fuse.io platform to earn more FUSE tokens.
Last modified 5mo ago
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