Skip to content

Latest commit

 

History

History
87 lines (55 loc) · 4.78 KB

README.md

File metadata and controls

87 lines (55 loc) · 4.78 KB
Raw
description
Adding liquidity in one click

Zap

What is Zap

Zap is a feature that allows you to add liquidity with ease. With Zap, you can provide V3 liquidity with only one of the tokens from the liquidity pool. Simply set the price range, choose the amount to provide, and execute. Your tokens will be automatically balanced to form the liquidity position while being traded in the most efficient way, with the lowest price impact and slippage.

How to Use

Before

For now, Zap only supports:

  • On certain liquidity pairs (more is coming)

{% hint style="info" %} USDT-WBNB 0.05%, USDT-USDC 0.05%, USDT-USDC 0.01%, ETH-BTCB 0.25%, USDT-BTCB 0.05%, Cake-WBNB 0.25%, BTCB-WBNB 0.05%, ETH-BTCB 0.05%, Cake-USDT 0.25%, USDT-WBNB 0.01%, ETH-WBNB 0.05%, USDT-BNX 0.05%, USDT-BUSD 0.01%, ETH-WBNB 0.25%, BTCB-WBNB 0.25%, SOL-WBNB 0.25%, ETH-USDT 0.05%, TUSD-USDT 0.01%, USDC-WBNB 0.01%, XRP-WBNB 0.25% {% endhint %}

  • Single token input
  • On BNB Chain

Start

To use Zap, simply go to Add V3 Liquidity page, select the trading pair you want to provide liquidity to, fee tier, and the price range.

Then select the token amount you want to provide liquidity to.

Option to Zap will automatically appear when one or more tokens are short on balance.

Click the link to bring up the V3 Zap modal.

Initiate Zap

Within the new “Zap in” modal. You may find the following fields:

  1. The trading pair you are Zapping (providing liquidity) to.
  2. The deposit token and the amount to deposit. You may click the arrows to switch between two of the pool tokens.
  3. The price range of the new position. You may also click the arrows to flip between different price displays.
  4. A detailed breakdown of how the Zap feature will handle your deposit tokens.
  5. A summary of the stats including:
    1. Estimated value in USD for the new liquidity position.
    2. Estimate token amount in the new liquidity position.
    3. Estimated leftover funds in USD after Zapping. In most cases it should be 0. If the liquidity pool or the tokens have very little liquidity, this value may increase.
    4. The price impact for the token swaps and rebalances while Zapping.
    5. The price impact for the liquidity adding and position building.
    6. Zap fee. Depending on the liquidity pair, fee rate may vary.

{% hint style="info" %} You may notice that the settings from “Add V3 Liquidity” are automatically carried to the Zap modal. Including the deposit amount and price range settings. {% endhint %}

Start Zapping

Finally click “Approve” and confirm in the wallet popup for token allowance.

Then, click “Preview” to bring up the final confirmation modal. Before proceeding, please kindly review all the stats and estimates shown in the final confirmations modal. Especially the impact figures and max slippage.

Finally, click “Add Liquidity” and confirm in your wallet popup.

After the tx is confirmed, you shall see your shiny new position in “My Position” page

More Settings

If you want to further customise your Zap experience. Simply click the gear icon in top right hand corner. In the settings, you may configure:

  • The max slippage while zapping.
  • The timeline on the transaction deadline.
  • Whether to use KyberSwap’s aggregated liquidity to perform token rebalance. Toggle this off if you only want to trade in PancakeSwap Pools.
  • Degen mode can be used to perform super high slippage Zaps. Not recommended for normal use cases, use it at your own risk.

{% hint style="warning" %} Please note that the Slippage and Deadline settings are independent to the Swap and Liquidity page. {% endhint %}