Get rewards for providing liquidity to QUAD/ETH in Uniswap v2, with additional pools coming soon.
Before you start:
You’ll need a Web3 (browser) wallet like MetaMask.
Set your wallet to the correct blockchain network: QUAD is currently only on the Ethereum blockchain.
Ensure you have enough ETH in the wallet for liquidity, and some additional for network costs (“ gas fees”).
What are liquidity pools?
Liquidity pools are places to provide liquidity so that users of Decentralized Exchanges can use them to make trades in a decentralized way.
To provide liquidity, a user must supply an equal amount of two different tokens - which include the following on the Uniswap v2 pool:
QUAD, the primary token (sometimes called the quote token)
ETH, the base token
How do I earn?
By providing liquidity to a pool, users and decentralized apps (or Dapps, for short) can profit from their usage by receiving part of the trading fee equal to their share of the pool.
On top of the trading fee sharing, Liquidity Providers will receive a portion of 100,000+ QUAD tokens each week based on their share of the total liquidity pool.
Liquidity Rewards will be distributed weekly to the address providing liquidity.
How do I add liquidity to a pool?
There is currently only one official liquidity pool for QUAD on Uniswap:
QUAD/ETH in Uniswap v2
Go to the Uniswap website, select Add v2 Liquidity.
Make sure to have your web3 wallet connected to tag along.
First, you must choose which pair/pool you want to provide liquidity for:
Select ETH
Select QUAD
After selecting the desired tokens, select the amount you want to provide.
Approve the transaction and click add.
Note: Please ensure to provide liquidity on Uniswap v2. Otherwise, you will not be eligible for the Liquidity Rewards Program.