How to add Liquidity to SHRM-USDC on Quickswap and stake LP Tokens for SHROOM
Along with the launch of SHROOM, the team has also provided the initial liquidity pool of SHROOM/USDC. The initial LP provided by the team is 1M SHROOM and 10,000 USDC. You can find more details here: SHROOM is Here
This article is a detailed guide for the Wonderers on How to add Liquidity to SHRM-USDC on Quickswap and stake LP Tokens for SHROOM:
Step 1: Claim SHROOM from the website
Go to our website, and on the Inventory page, you will see the SHROOMs you have earned:
Click on the ‘Claim’ option
Click on ‘Yes’ and Confirm the Transaction
Step 2: Get USDC
If you have ICX/ONE, you can swap ICX/ONE to Matic token from CoinEx (Refer to this article: Getting Ready on Polygon), then swap Matic to USDC on QuickSwap
Go to QuickSwap>Swap>Select from ‘Matic’ to ‘USDC’
Enter the amount of Matic you want to Swap to USDC
Once you have entered the amount of Matic to swap, the system automatically shows the amount of USDC you will receive. Click on the ‘Swap’ button.
Then confirm the Swap and confirm the transaction.
Step 3: Provide Liquidity on QuickSwap
Once you have both the SHROOM token and USDC, head over to the ‘Pool’ page
Select ‘Token 1’ to SHROOM and ‘Token 2’ to USDC.
You need to write SHROOM address to add SHROOM: 0x35d112044D174Dd16Fee24d5C5CaB24F4f81cB41
Then, enter the amount of Token you want to Supply
After entering the amount, click on ‘Approve SHRM’ and ‘Approve USDC’ and confirm the transactions. Then click on the ‘Supply’ button.
Then confirm the Supply and confirm the transaction.
Step 4: Stake LP tokens on our website
After providing liquidity, head over to our website>Earn>LP Staking
Click on the ‘Stake’ button.
Then enter the amount of LP tokens you want to stake. (The website will automatically detect the no. of LP tokens)
Then click on the ‘Stake’ button and confirm the transaction.
And now finally you have added Liquidity to SHRM-USDC on Quickswap and staked LP Token
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