Space Farms
How to Add Liquidity
Crosswise.Finance's Exchange offering is built on liquidity. Staking two assets on the Add Liquidity page will allow you to add liquidity for token pairings.
As a liquidity provider, you will get a percentage of the trading costs for that pair in exchange for supplying liquidity. Following the addition of liquidity, you will get CRSS-LP tokens, which reflect your portion of the liquidity pool. To receive $CRSS rewards, stake the CRSS-LP tokens in the Space Farming pools.
You must deposit tokens for supported liquidity pairings in order to provide liquidity. Choosing how much token to input for one pair determines how much token you must deposit for the other pair depending on the liquidity pool ratio, which is defined by the AMM.
Visit the liquidity page
Click the Add Liquidity button
Select your inputs for token pair 1 and 2, to create the ideal liquidity pair that you will be using for farming.
Enter an amount on one of the tokens under input, and the other token amount to deposit will be calculated automatically.
Note: If it shows âInsufficient TOKEN balanceâ, please enter a lower amount or obtain the assets into your wallet.
Click the Approve CRSS-LP button and confirm the actions in your wallet. Confirm the supply and approve the transaction on your wallet.
After the transaction has been confirmed, you can observe the My Liquidity section. You will see your new LP Token balance as well as your percentage share of the pool. You can repeat the steps above to add more liquidity whenever you like.
Removing Liquidity
Navigate to the My Liquidity section.
Select the pair you would like to remove, and remove liquidity. Enter the value you would like to remove, and approve the transaction on-screen and on your wallet.
A window will pop up, showing what you will receive â a breakdown of the two tokens used to add liquidity. Confirm the final transaction, and after a while, you will see your updated CRSS-LP Token balance in the My Liquidity section. Your wallet now contains the withdrawn token pairs.
How to Farm in the Galaxy Farms
Yield Farming in the Galaxy Farms enables users to earn $CRSS rewards by staking LP tokens.
Yield Farming on Crosswise, unlike single-asset Staking Pools, requires you to stake two token pairs to get CRSS-LP Tokens, which you then stake in the Galaxy Farms to earn rewards.
Keep in mind that supplying liquidity carries the risk of Impermanent Loss. In DeFi, it is an intrinsic attribute of AMM.
Navigate towards the Farms Page
Click the Connect to a Wallet button on the top right-hand side to connect to your BNB Chain compatible wallet. There will be a popup window asking you to connect to the DApp. When you connect successfully, a list of LP token pools will appear. Choose a pool that appeals to you.
Once you choose the desired CRSS-LP token, click the Approve button, and confirm on your wallet.
After that, you will be able to deposit LP tokens into the Galaxy Farms. Enter the number of LP tokens you want to stake. If you do not yet have LP tokens, please click Get CRSS-LP token on the popup, which will take you to the Add Liquidity page to obtain those LP tokens.
Deposit your desired amount and reconfirm on your wallet.
When the transaction is completed (usually within a few seconds), you will see the revised staked amount. This staked amount indicates the balance of your LP-tokens, which is the total number of tokens put in the pool in relation to the overall pool size.
You can now view how much $CRSS is being earned in real time.
How to Remove LP-Tokens (Withdraw)
You can click Withdraw to remove staked LP-Token assets.
Input the amount you would like to remove, then reconfirm the transaction on the popup and in your wallet.
The withdrawn assets are now returned back to your connected wallet, and your earned $CRSS harvest will also be triggered automatically.
How to Harvest Your Rewards
You can Harvest (withdraw) your accrued $CRSS rewards at any time you like by clicking Harvest.
Deposit costs range from 0% to 4%, depending on the farm. The deposit fee of up to 4% on non-CRSS LP farms is divided and used to buy-back and burn CRSS (50%) and finance marketing (50%).
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