Kwikswap to GO LIVE with trading & Farms on Polygon(Matic)
Today, We are extremely excited to announce KwikSwap Polygon (Matic) DEX will go LIVE on Wednesday 15th of December and we will add some trading pairs for you all to test and add liquidity and create some markets + yield farms and much more so you can experience the supersonic speed of this network.
What is Polygon Network?
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem. https://polygon.technology/
How to farm KWIK tokens on Kwikswap DEX
1. Choose liquidity pool you wish to participate in.
2. Purchase the required cryptocurrencies.
3. You install and set up MetaMask.
4. Move your assets to the Polygon sidechain.
5. Add liquidity to the pool you have chosen.
6. Stake your liquidity provider tokens
How to set up Metamask (You will be prompted to add the RPC automatically on Metamask)
- Network name: Matic
- New RPC URL: https://rpc-mainnet.maticvigil.com/
- Chain ID: 137
- Currency Symbol: MATIC
- Block Explorer URL: https://explorer.matic.network/
Trading Pair List on Matic Network on Kwikswap DEX
Adding liquidity to a pool:
1. Click on Pool
2. Click on “Add Liquidity” and you choose your two tokens.
3. Select the quantity you want to add to the liquidity pool
4. Once the approval is complete, you can then “Confirm Supply” to the pool. Check the details before you confirm.
5. Submit the transaction
6. Wait a few seconds and your funds will be deposited and available to see on the Pool page.
7. You can also migrate your LP using our migration tool.
How to Stake in the KWIK/MATIC Farm:
1. Once you have your KWIK-LP tokens, head to the Farm page, select in the right-hand menu Polygon(Matic network), then click on the KWIK/MATIC Farm or whichever farm of your choosing. Your KWIK-LP token wallet balance will be displayed above the “Stake” field. Select MAX to stake all your available KWIK-LP tokens.
2. If you’re staking for the first-time, you will need to approve Kwikswap to interact with your KWIK-LP tokens before you can finalize the transaction. Once that is done, click “Confirm” via MetaMask.
3. You should be able to see the total of your KWIK-LP tokens staked on the right-hand side.
4. You may leave your staked KWIK-LP tokens in the Farm and earn rewards continually.
Kwikswap Protocol is a multi-chain DEX on Ethereum, Astar, Shiden, Binance Smart Chain, Polygon and soon to be Polkadot. Kwikswap aims to be the one-stop-shop for traders to swap, add liquidity and create markets. Kwikswap Protocol has also released the Kwikstarter IDO launchpad on Polygon that is a decentralized ecosystem where new start-ups and projects can be nurtured via Kwikswap DEX.