Quickswap
QuickSwap is an Automated Market Maker (AMM) that operates on the Polygon Network. It’s a fork of Uniswap and offers the same liquidity pool model.
Swap:
Connect your wallet by clicking on the wallet icon in the top right corner.
Select the tokens and the amount you wish to trade.
Confirm the swap by clicking the “Swap” button and then confirm the transaction in your wallet.
Add Liquidity:
Navigate to the “Pools” tab.
Select the pair you wish to supply.
If you are not comfortable with liquidity pools, accept the automatic range.
QuickSwap requires both ETH and WETH, along with the token of your choice, to add liquidity.
Approve all necessary tokens and confirm the transaction in your wallet.
You can check your liquidity on the same screen in the “My Pools” tab after the transaction is confirmed. Here, you can add more or withdraw.
Stake LP Tokens:
Click on the “Farm” tab in the menu bar.
Find the pool you added liquidity to in the “Add Liquidity” section.
Select the amount of LP tokens you wish to stake and approve.
Under the “My Farms” tab, you can claim farmed tokens or unstake LP.
Trade Perpetuals:
Click on “Perps” in the menu bar.
To trade perpetuals, you need to enable leverage. Accept the terms and conditions and confirm in your wallet.
Choose the pair you wish to trade.
Select whether you want to go long or short. You can also make a regular swap here.
Set the amount you wish to trade (minimum $25) and the leverage.
Confirm the transaction in your wallet.
Click on the “Dashboard” tab to track your positions.
Add Liquidity on Perpetuals Exchange:
To add liquidity, you first need to buy QLP tokens.
Pair it with the token of your choice. You need to have the same USD value for both tokens in your wallet.
Click “Add Liquidity” and confirm with your wallet.
Last updated
