Add Liquidity and Liquidity Mining for 257.38 $WOX on WoxDefi.app
Hello everyone, today I want to post how to Add Liquidity and Liquidity Mining on WoxDefi.app. As @wox-exchange informed that $WOX Token is now available for Add Liquidity and Liquidity Mining on WoxDefi.app.
- Liquidity / Liquidity Pool
The Liquidity Pool is a collection of tokens locked in smart contracts that provide liquidity in a decentralized exchange in an effort to mitigate the problems caused by the illiquidity typical of such a system. The Liquidity Pool is also the name given to the intersection of orders that creates a price level that - once reached - see the asset decide whether to continue moving in an up or down trend, see the screenshot below for its own way.
Open SunSwap and click Add Liquidity
Input TRX and $WOX
Click Sign to Approve
Confirm Supply
Click Sign on Smart Contract
DONE
- Liquidity Mining
Liquidity Mining is a mechanism or process by which participants supply cryptocurrencies into a liquidity pool, and are rewarded with fees and tokens based on their share of the total liquidity pool, see the screenshot below for its own way.
Go to Liquidity Mining Menu in Wow DeFi.app, Decide How Long You want to lock, then click Start Mining Now
Sign
DONE
Greetings friend @fauzandickycndra
Very good explanation about the WOX token purchase process from Wox.defi.app.
Thanks for supporting it
I'm very happy to help
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