Swapp Whitepaper

Liquidity Pools - Adding Token Pairs

When you add your token to a Liquidity Pool you will receive Liquidity Provider (LP) tokens and share in the fees.

Listing Your Token

2. Connect you MetaMask wallet (make sure you are connected to the Cassini test network)
3. Deploy your CRC-20 (Cronos token) contract to Cassini mainnet
5. Connect your MetaMask wallet
6. Click on ‘Liquidity’ tab in the upper left corner
7. Click on "Create Pair"
8. Paste your token address and select the token you want to pair it with
9. Click on "Add Liquidity"
10. Select the tokens you want to add the liquidity for
11. Choose how many of your tokens and WCRO you want to deposit for the pool
11. Press ‘Approve {your token name}’ button
12. Press ‘Supply’ button
13. MetaMask will require a confirmation
14. Please remember that the first Liquidity Pool creation will form your initial token price. For example, if you input 1 CRO and 1 your token, that means that 1 token = 1 CRO initially. Then the market will form a fair price

LP Tokens

As an example, if you deposited SWAPP and CRO into a Liquidity Pool, you'd receive SWAPP-CRO LP tokens.
The number of LP tokens you receive represents your portion of the SWAPP-CRO Liquidity Pool.
You can also redeem your funds at any time by removing your liquidity.

Liquidity Providers earn trading fees

Providing liquidity gives you a reward in the form of trading fees when people use your liquidity pool.
Whenever someone trades on CryptoSwapp, the trader pays a 0.25% fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on.