3P/USDT Liquidity Pair Guide (Pancakeswap)

3 min readFeb 2, 2023

What is Liquidity Pool?

When you add your token to a Liquidity Pool you will receive Liquidity Provider (LP) tokens and share in the fees. Providing liquidity gives you a reward in the form of trading fees when people use your liquidity pool. You can also redeem your funds at any time by removing your liquidity.

For a complete guide, here is PancakeSwap’s whitepaper:

Liquidity Pools

Liquidity Pools

of which 0.17% is added to the Liquidity Pool of the swap pair they traded on.

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Liquidity Guide

How to Add/Remove Liquidity

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How to Add 3P/USDT Liquidity?

Go to PancakeSwap Liquidity Page
Connect and confirm your wallet
Click “Find other LP Tokens” or “Add Liquidity”

4. For the left input, search for USDT. On the right, search for 3P token.

For $3P, you might need to search manually using the token address:

0xB806FA32eBDC04E5Dbdd2ad83E75C8F7D8E8ef8b

Note: if this is your first time adding a 3P token to your wallet, it will ask you to authorise and add it.

5. Select “Add Liquidity”

6. The next page will show you the details, such as Prices and Share, and LP Reward APR.

7. Enter an amount of tokens you want to supply for the LP. This will automatically calculate the same value in $ for both token pairs. Click “Enable USDT” and “Enable 3P”. Your wallet will ask you to confirm the action.

Example: $10 worth of USDT and 3P

8. Then, click “Supply” to proceed.

9. Before confirming, calculation of your share in the Liquidity Pool will be shown. Once done, click “Confirm Supply”. Your wallet will ask you for confirmation and payment for the gas fee.