🦄Uniswap Liquidity Pools
This guide explains how to participate in the Liquidity Mining
Step 1: Go to the Uniswap v2 “Add Liquidity ” page First of all, please click the title link from the “Underwrite” page on InsureDAO and go to the Uniswap v2 “Add Liquidity ” page.
Step 2: Provide liquidity into ETH/INSURE pair on Uniswap v2 Click “Select a token” and paste INSURE token address “0xd83AE04c9eD29d6D3E6Bf720C71bc7BeB424393E”, and input the liquidity amount you want to provide (you need to provide both ETH and INSURE with a 50/50 ratio on Uniswap v2).
First, you need to “approve INSURE”.
After completing the transaction for approving INSURE, you can supply liquidity.
and you will get a Uni v2 LP token for ETH/INSURE pair in return.
Step 3: Stake Uni v2 LP token Once you get the LP token, then you need to stake the LP token into the “$INSURE Uni V2 Staking” pool.
Please click the “Stake” button of “$INSURE Uni V2 Staking” from the “Underwrite” page.
and then, you can see the “$INSURE Uni V2 Staking” page. Please input the LP token amount you want to stake and approve the LP token here first.
Now, you can stake your LP token into the pool and that’s it! You will start getting rewards!
How to withdraw liquidity
Step1: Unstake LP token When you withdraw liquidity, you need to unstake the LP token from the “$INSURE Uni V2 Staking” pool.
Please click the “Unstake” tab on the “$INSURE Uni V2 Staking” page. Then, input the amount you want to unstake and click the “Unstake” button.
Step2: Withdraw liquidity from Uniswap
Again, you can go to the Uniswap v2 “Add Liquidity ” page from InsureDAO UI.
This time, you need to go back to the liquidity manage page by clicking the top-left button.
Click the “Remove” button.
Select the amount to withdraw by the slider, approve the LP token, and send a remove transaction.
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