How to add $POOLZ Liquidity on PancakeSwap.

Reading Time: 3 minutes
Poolz Admin

Poolz Admin

PancakeSwap pools allow you to provide liquidity by adding your tokens to liquidity pools or “LPs”.

When you add your token to a liquidity pool (LP), you will receive FLIP tokens (PancakeSwap’s version of liquidity provider tokens). So if you deposit $POOLZ and $BNB into a liquidity pool, you will receive POOLZ-BNB FLIP tokens.

The FLIP tokens you receive represent your share of the POOLZ-BNB liquidity pool. Liquidity can also be removed at any time if you wish to redeem your funds.

Adding liquidity

To provide liquidity, you’ll need to commit an amount of $POOLZ and $BNB you like. Your lowest value (in USD) of t$POOLZ and $BNB will be the limit to the liquidity you can provide.

In this example, we will add liquidity using POOLZ and BNB.

1. Go to the Liquidity page.

2. Click the Add Liquidity button.

PancakeSwap Liquidity page

3. Now choose POOLZ in the liquidity pair you want to add liquidity to. Here, we are going to use BNB and POOLZ as an example.

4. Click the Add Liquidity button.

5. Enter an amount on one of the tokens under “Balance”. The other should be calculated and filled automatically.

(If one of the tokens does not have enough balance. You will see an error and the button is greyed out. Please enter a lower amount to proceed.)

6. Click the Enable POOLZ button. If you are adding liquidity against tokens other than BNB, you might need to click enable twice for each token in your pair. Your wallet will ask you to confirm the action.

7. After clicking confirm in your wallet a transaction receipt will pop up and the Supply button will then light up. Click to proceed.

8. Now approve by clicking Confirm supply

9. Soon after, you will see your LP Token balance at the bottom of the page.

  • If for some reason your wallet is not connected please make sure that you have added the network correctly
  • Don’t know how to participate in IDO? click here.

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