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Balancer

Balancer.fi is an open-source liquidity protocol that enables users to swap tokens, lend, borrow, and earn interest with their digital assets.

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Swap

  • Go to the Balancer.fi website.

  • Connect your wallet and select the chain.

Swap page
  • 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.

Confirm swap

Add Liquidity

  • Open “Pool” tab.

List of available pools
  • Select a pair you want to supply from the list.

Pool dashboard
  • Click on “Add Liquidity” button.

  • In the new window, set the amount of both tokens you want to add to liquidity pool.

Deposit settings
  • Click “Preview”.

Confirm deposit
  • You need to make spending approvals for your tokens and finally you can add liquidity.

Withdraw Liquidity

  • Click “Withdraw” on your liquidity pool page.

Pool dashboard
  • Set amount to withdraw.

  • Click “Preview”.

Withdrawal settings
  • Review your transaction details and click “Withdraw” to confirm.

Staking

Pool page
  • 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.

Claim staking rewards

  • Click “Claim” on menu bar.

Rewards claiming page
  • All staking rewards can be claimed regularly in Claim page.

  • Rewards will be also claimed automatically if you unstake your LP tokens.

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