Kwikswap to release LP yield farming on ETH and SHIDEN!

What is Yield Farming?

Farming KWIK/ETH example

The 4 Step Process of yield farming

  1. Provide liquidity to the KWIK/ETH liquidity pool which will give you Kwikswap Liquidity Pool (KWIK-LP)* tokens.
  2. Stake acquired KWIK-LP tokens to the Farm for KWIK/Wrapped ETH (WETH) to earn rewards in $KWIK tokens.
  3. Harvest to claim your rewards.
  4. Unstake your KWIK and ETH from the liquidity pool to stop yield farming and claim back your staked tokens.

Video Walkthrough

How to Provide Liquidity in the KWIK/ETH pool:

  1. Go to app.kwikswap.org and connect via MetaMask for this walk through.
Confirm the transaction once a prompt from MetaMask appears.

How to Stake in the KWIK/WETH Farm:

  • Once you have your KWIK LP tokens, head to the Farm page and then click on the KWIK/WETH Farm. Your KWIK LP token wallet balance will be displayed above the “Stake” field. Select MAX to stake all your available KWIK LP tokens. (please note — we are staking more than the above example of pool tokens (485.50 KWIK LP tokens)

How to Harvest your KWIK rewards:

  • Click “Harvest” to claim the current rewards owed to you in the farm page, then confirm the transaction via MetaMask. You can skip this step if you plan to remove all your tokens, as rewards will be automatically harvested when you “Unstake” (which can also assist in gas fees savings).
  • Now to unstake your KWIK/WETH KWIK-LP tokens, click MAX in the field above the “Unstake” button. Click “Unstake” and confirm the transaction via MetaMask.

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KwikSwap is a decentralised Protocol with layer 2 scaling for Swap, Adding Liquidity and Market Creation. Stake KSWAP for 12% APY and fee share!

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KwikSwap

KwikSwap

KwikSwap is a decentralised Protocol with layer 2 scaling for Swap, Adding Liquidity and Market Creation. Stake KSWAP for 12% APY and fee share!

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