Web3collab Resource Center

Deep-dive into DeFi 6: How to deposit into Uniswap liquidity pools

To start earning passive income on Uniswap you must have an Ethereum-based wallet, and a basic understanding of impermanent loss.  

Then go to Uniswap and select a pair of coins, based on the estimated earnings, risk and your strategy for those coins.  Next step: 

  1. Connect you wallet 
  2. Click on the pair selected and is in your wallet 
  3. Click add liquidity deposit 
  4. Enter the amounts of each coin
  5. Check the gas, and Approve or 
  6. Confirm in wallet 
  7. Click confirm supply
  8. After the transaction is submitted
  9. If Uniswap is giving Uni’s to depositors, click. on Uni in the nav bar 
  10. Submit transaction 
  11. Wallet analytics will provide information 
  12. For more analytics go to liquidity-vision.surge.sh

In the Next Module, learn how to earn passive income on Yearn.finance

Leave a Comment

Your email address will not be published.