β²How to Provide Liquidity
Become FEED/BNB Liquidity Provider
Last updated
Become FEED/BNB Liquidity Provider
Last updated
Important Disclaimer on Risk of Impermanent Loss ("IL"):
In providing liquidity, the price of the tokens in a Liquidity Pool can diverge in any direction. The more divergence there is, the more impermanent loss a user (i.e. Liquidity Provider) suffers. This is called impermanent because it can be temporary. When the price of the tokens returns to the original value the user had invested, the loss is erased. Impermanent loss is also reduced by the trading fees a Liquidity Provider earns. This is a common occurrence in Liquidity Pools, but it can become a permanent loss if the user decides to withdraw their liquidity. Learn more: - How do LIQUIDITY POOLS work? (Uniswap, Curve, Balancer) | DEFI Explained - What Is IMPERMANENT LOSS? DEFI Explained - Uniswap, Curve, Balancer, Bancor Why providing liquidity is important to the project?
To ensure price stability a lot of liquidity in the pool is required to absorb trading volumes. This helps the price movement become less erratic. Another benefit is that investors with large amounts of capital are able to invest without massive slippage, i. e.: driving the price up massively, or down massively.
Feeder's founders have provided their own capital together with 5 million FEED tokens as initial liquidity in the pool, but as demand or supply gets larger, it's unlikely to support trading/investing on its own. We need your help!
What's in it for you?
You'll earn 0.17% of the trading value as a fee, on PancakeSwap, which is deposited right back into the pool.
You can use your LP token (which is what you receive after depositing in a liquidity pool) to FARM more FEED on our platform.
Your FEED investment is less volatile and risky to hold. Less surprises.
Step 0: Please scroll back up and read the above if you haven't already. It's important you know what you're getting yourself into.
Step 1: To provide liquidity, make sure you've already swapped some FEED into your wallet. If you haven't already and don't know how, please go to the How to Buy FEED section.
On PancakeSwap, instead of being on "Swap" tab, move over to the middle tab called "Liquidity" (See Figure 1)
Step 2: Click on the blue button called "Add Liquidity" shown in Figure 1 and you'll be sent to an interface similar to the swapping interface (See Figure 2)
Now what you'll likely need to do is paste the contract address into the search bar again after clicking on "Select a currency". Use this FEED contract address: 0x67d66e8Ec1Fd25d98B3Ccd3B19B7dc4b4b7fC493
Once that's done you'll see the two pairs shown as per below:
Hit "MAX" on FEED or however many you'd like to deposit into the liquidity pool. Then hit "Supply" at the bottom. You'll be prompted to "Confirm Supply" (Figure 4) ; go ahead and do that.
MetaMask will prompt you to confirm, hit confirm.
Step 3: Congratulations! Now you can learn about How to Farm FEED!