How to Provide Liquidity on Biswap? | Discover the Benefits to Boost your Project!
Biswap DEX is one of the most prominent platforms on the BNB Chain. It has many profitable features for users and opportunities for new or young DApps. Do you want to boost your project? You’ve come to the right place!
Add Liquidity & enjoy the benefits:
- 75% LP Reward
- $10M Global Incentive Program
- The lowest 0.2% trading fee for your token
- Direct Contact with Biswap Team
Let’s review each one in more detail.
Experience for Liquidity Providers | 75% LP Reward
You gain a 75% LP Reward from a 0.2% trade fee by providing liquidity. Due to the recent trade fee increase, liquidity providers received a 3X boost of LP rewards!
$10M Global Incentive Program
Adding liquidity allows you to join the $10M Global Incentive Program on Biswap. This program offers tools for the project’s growth and expansion. Intrigued? Discover more here: https://bit.ly/3zZVSH9
The lowest 0.2% trading fee for your token
Biswap DEX offers the lowest trade fee of 0.2% on the BNB Chain with attractive rewards for liquidity providers. Why pay more when you can spend less and achieve the same results? Users can use a fast & secure exchange on Biswap to trade your token.
Direct Contact with Biswap Team
The Biswap team is always happy to answer questions and provide recommendations. If you add liquidity and join the $10M Global Incentive Program, you will receive support and guidance from the team.
Are you in? Let’s begin. Review the guide below for directions!
How to provide liquidity and get LP tokens?
1. Open the “Liquidity” page
2. Choose the needed token pair
a. Choose the first token you want to add liquidity with. If your token is not in the list, paste the token’s contract address into the search bar.
b. Choose the second token for your trading pair.
3. Enter the amount of each token and click the Approve button (BSW & WBNB as an example).
- We use WBNB on the BEP-20 network, BNB Chain. So BNB (BEP-2) tokens need to be wrapped (become WBNB) to provide liquidity. You may wrap BNB to WBNB by swapping on the Exchange tab.
- Note that you need BNB to pay the network gas fee.
4. Now click the Supply button.
5. Next, you need to press the Confirm Supply button
The transaction has been successfully submitted, and you received LP tokens for your token pair.
As you can see, it’s a fairly straightforward process. Don’t miss a chance to grow your project with Biswap! Provide liquidity and enjoy the benefits:
❗️ Keep in mind that providing liquidity is subject to impermanent loss, and it may carry certain risks. Make sure you are aware of all the pros and cons of providing liquidity before taking any actions.
Biswap platform keeps progressing and overcoming new milestones. Providing liquidity on Biswap will broaden your horizons and bring more possibilities. Hurry to enjoy the lucrative benefits!
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