Balancer
Balancer.fi is an open-source liquidity protocol that enables users to swap tokens, lend, borrow, and earn interest with their digital assets.
Last updated
Balancer.fi is an open-source liquidity protocol that enables users to swap tokens, lend, borrow, and earn interest with their digital assets.
Last updated
Go to the Balancer.fi website.
Connect your wallet and select the chain.
Select the token you want to swap from and set the amount to swap.
Choose the token to receive.
Click “Preview”.
Confirm the swap in the new window.
Open “Pool” tab.
Select a pair you want to supply from the list.
Click on “Add Liquidity” button.
In the new window, set the amount of both tokens you want to add to liquidity pool.
Click “Preview”.
You need to make spending approvals for your tokens and finally you can add liquidity.
Click “Withdraw” on your liquidity pool page.
Set amount to withdraw.
Click “Preview”.
Review your transaction details and click “Withdraw” to confirm.
In your pool page, click “Staking Incentives”.
You can here stake or unstake your LP tokens. Steps for both are almost the same. I will describe only staking process. For withdraw just click “Unstake” button and follow same steps as for Stake.
In new window, first make spending approval and then click “Stake” to finish.
Click “Claim” on menu bar.
All staking rewards can be claimed regularly in Claim page.
Rewards will be also claimed automatically if you unstake your LP tokens.
