How to add or remove Liquidity

Learn how to easily add or remove liquidity

"Liquidity" is essential to the operation of Winery's Exchange. You can add liquidity for any token pair by staking both through the Liquidity page.

You will get trading fees for that pair as well as LP Tokens that you can stake in Farms to gain the CORK rewards in the return for supplying liquidity.

Adding liquidity

To provide liquidity, you’ll need to commit an amount of any token pair you like. Your lowest value (in USD) of the two tokens will be the limit to the liquidity you can provide.

You can easily trade for any tokens you need. Visit the How to Trade guide if you need to.

In this example, we will add liquidity using BNB and CORK.

1. Visit the Liquidity page under the trade category on the menu of www.winery.finance

2. Click the Add Liquidity button.

3. For the top Input, click Select a currency. Then choose one of the tokens in the liquidity pair you want to add liquidity to. Here, we are going to use BUSD as an example.

4. For the bottom input, click Select a currency. And choose the other token in the liquidity pair you want to add liquidity to. Here, we are going to use CORK as an example.

5. Enter an amount on one of the tokens under β€œInput”. The other should be calculated and filled automatically.

(If one of the tokens does not have enough balance. You will see an error and the button is greyed out. Please enter a lower amount to proceed.)

6. Click the Approve CORK button. If you are adding liquidity against tokens other than BNB, you might need to click enable twice for each token in your pair. Your wallet will ask you to confirm the action.

7. The Supply button will then light up. Click to proceed.

8. Your wallet will ask you for confirmation. Confirm your transaction from your wallet.

9. Soon after, you will see your LP Token balance at the bottom of the page. You can repeat the above steps to add more liquidity or to add liquidity to different pairs.

Removing liquidity

To remove liquidity, simply follow these

  1. Visit the Liquidity page.

  2. Click on the pair you want to remove liquidity from under β€œYour Liquidity".

3. Click Remove. A new modal will appear.

4. Use the buttons or slider to choose how much liquidity you want to remove. Choose MAX to remove all of your liquidity from this pair.

5. The Remove button will light up. Click to proceed.

6. A window will appear showing how many tokens you will receive. Click Confirm. Your wallet will ask you to confirm the action once again.

7. After the transaction is confirmed. You will receive the tokens from your pair.

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