How to Add Liquidity
Add Liquidity Guideline
Option 1: Add Liquidity to an Existing Pool
Step 1: Navigate to the 'Liquidity' tab in the Kibble app and connect your wallet.
Use an Avalanche-compatible wallet (e.g., MetaMask, Core) and ensure it’s connected to the Avalanche C-Chain.
Step 2: Select the tokens you wish to add to the liquidity pool. You must add liquidity in the form of two tokens at a 1:1 ratio according to USD value.
Enter the amount of the first token you want to add (e.g., $KIB), and the app will automatically adjust the $AVAX amount to match a 1:1 ratio.
Step 3: Click 'Supply'.
Approve the transaction in your wallet (this may require two confirmations: one to approve the tokens and one to supply liquidity).
Pay the gas fee in $AVAX and wait for the transaction to confirm.
Once completed, you’ll see your KIB-AVAX LP tokens in your wallet balance.
You have now successfully added to Kibble’s liquidity pool! To reclaim your tokens, go to the 'Liquidity' tab, click 'Remove Liquidity,' and confirm the transactions.
Option 2: Create a New Pool
Step 1: Navigate to the 'Liquidity' tab in the app and connect your wallet.
Step 2: Choose your preferred pair (e.g., $KIB and $AVAX). If this pair doesn’t exist yet, you’ll receive a notification at the bottom of the Add Liquidity window.
Step 3: Click on 'Legal' to accept the provided announcement, then choose "Initialize Pool".
Step 4: After clicking the "Confirm" button, you’ll see the amounts of the two tokens in the trading pair needed to create the pool.
Step 5: A confirmation will be requested on your connected wallet (e.g., MetaMask).
Pay the gas fee in $AVAX and approve the confirmation.
Once the transaction is processed, you’ve successfully created a new liquidity pool! You can now add more liquidity to the pool you created.
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