Controlling liquidity on PancakeSwap
Adding liquidity
- Go to https://exchange.pancakeswap.finance/#/pool
- Connect a wallet if you haven’t yet
- Select BNB and HUB
- Specify the amount of coins you’re providing to the liquidity pool
- Now you need to send 2 transactions, the first is to allow the smart contract to take money from your wallet, the second is to commence the smart contract to provide the liquidity
- Press Approve HUB
- Confirm the transaction on Metamask
- Wait for the inactive Approving HUB button to change to Supply
- After the Supply button has appeared, click on it and confirm the action by clicking Confirm Supply, also confirming the transaction on Metamask by pressing Confirm
- Done. Below you can see the amount of LP tokens, as well as the amount of HUB and BNB tokens in the liquidity pool
Removing liquidity from the pool
- Go to https://exchange.pancakeswap.finance/#/pool
- Connect a wallet if you haven’t already
- In the Your Liquidity section you can find trading pairs, the pools you’re providing to
- To see more detailed information about the balance of your assets in the pool, click the arrow
- You are presented with info about the balance of your HUB and BNB tokens in the liquidity pool, your amount of LP tokens, and your share in the pool
- To remove liquidity from the pool, press Remove
- Specify the amount of liquidity you’re removing and click Approve
- Sign the request by pressing SIGN
- After the Remove button has become active, click on it
- Confirm the action by pressing Confirm
- Confirm the transaction on Metamask
- Done. You’ve successfully removed liquidity from the pool, and it’s now on your wallet balance
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