HOW TO ADD LIQUIDITY $WOX TOKEN IN JUSTMONEY EXCHANGE (JUSTMONEY.IO)
Hello everyone, today I want to show you all the results of my 2nd Add Liquidity (POOL) and Liquidity Mining on WoxDefi.app. As informed by @wox-exchange that $WOX Tokens can now be Swapped and Add Liquidity on Justmoney Exchange. That's why I want to show you how to add liquidity on Justmoney Exchange.
Liquidity / Liquidity Pool
The Liquidity Pool is a collection of tokens locked in smart contracts that provide liquidity in a decentralized exchange in an effort to mitigate the problems caused by the illiquidity typical of such a system. The Liquidity Pool is also the name given to the intersection of orders that creates a price level that - once reached - see the asset decide whether to continue moving in an up or down trend.
The steps that need to be taken are as follows:
1.Go to Justmoney Exchange.
2.Select Swap -> Connect Wallet -> Liquidity -> Add Liquidity.
3.Fill in your TRX and WOX and Click Supply.
4.Approve the Smart Contract.
5.If Add Liquidity is successful, it will look like the image below.
NOTE
Make sure you have enough $WOX Token, TRX (1:1) and the fee (min 100 TRX), If you don't have $WOX Token yet, please swap on SunSwap or Justmoney Exchange first. Here I provide a post on how to Swap $WOX Token.
https://steemit.com/hive-185836/@fauzandickycndra/how-to-swap-usdwox-token-in-justmoney-exchange-justmoney-io
That's how to add liquidity $WOX token in justmoney exchange, I hope this post can help when you are going to Swap $WOX Tokens on Justmoney Exchange.
CC: @the100 @xpilar @sultan-aceh @crypto.piotr @wox-exchange
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