Earn trading fees by becoming a liquidity provider on ApeX Protocol
Introduction
ApeX empowers users to create any pairs on ApeX Protocol as long as the pairs are supported on decentralized exchanges like Uniswap or SushiSwap.
How to Add Liquidity
1. Choose a Liquidity Pool
Click on the “Add Liquidity” button .
2. Add Liquidity And Check
After selecting our desired input tokens, we’re ready to click “Add Liquidity”! If this is your first time interacting with ApeX’s smart contracts , you will be prompted to “Approve”.
💡 10% of the transaction fees incurred by trades placed on the pair will be added to the liquidity pool in real time. A LP can claim a portion of the fees based on his or her pool share when removing liquidity.
When the liquidity add is done, you receive ApeX Liquidity Provider (ALP) tokens in return. These represent your share in the liquidity pool, and your earned fees that are received upon withdrawal of the liquidity.
3.Adding Liquidity to a New Pool
Click on the “Create Pool” button .
💡 Warning
Providing liquidity carries significant risk of financial loss such as:
- Impermanent loss
Please DYOR, and we hope you enjoy using ApeX Protocol!
Social Media and Communities
Homepage: https://apex.exchange/home
Discord: https://discord.gg/apexprotocol
Telegram: https://t.me/ApeXdex
Telegram Ann: https://t.me/ApeXdexANN
Twitter: https://twitter.com/OfficialApeXdex
