Biswap: [ Ссылка ]
Link to video about Launchpool: [ Ссылка ]
In this video, I will talk about providing liquidity on Biswap, how to combine two separate tokens into an LP token, add it to liquidity, and how you can make money from all this.
The topic is not new for a long time, but still always relevant. In decentralized finance, it is often necessary to exchange tokens, namely, thanks to liquidity on exchangers, a quick and comfortable exchange can be made.
In this example, Biswap acts as a liquidity aggregator, and we are liquidity providers. To provide the liquidity you need, go to the "Liquidity" section, and then click on "Add liquidity". We select two tokens in which we want to provide liquidity, then enter the required number of tokens in an equal ratio to the dollar, and combine. We will be given an LP token, which is a receipt that we have provided liquidity in one of the token pairs. Now we will earn a percentage of commissions for each exchange made to Biswap.
In no case should this token be transferred to anyone, otherwise we will lose the funds invested in the pool.
To increase our earnings, you can use the "Farms" section, which will contain a huge number of token pairs. We just add our LP-tokens to the pair in which we combined, and we begin to receive an additional percentage for storage.
Farming rewards will be awarded in BSW tokens. Earned BSW can also be dropped into a separate section of the launch pool, and receive additional earnings for staking the BSW token. The video about the launchpool is already on our channel.
