Firepot Guide: How to use FirepotSwap’s Pool tab for the first time

How to use the Pool tab

Adding liquidity to a trading pair and receiving FLP tokens

Step 1: Connect your wallet to AirDAO

Step 2: Head to the Pool tab

Step 3: Click on Add Liquidity

Step 4: Select the pair you want to provide liquidity for

At launch, only the AMB-USDC pair is available

Step 5: Input the amount of liquidity you want to provide to the LP

The rates you see will be different from this, as this guide was made under the Testnet environment

Step 6: Click Approve USDC

1. You will have a wallet notification on giving the Contract access to your funds pop up, click Confirm.

Step 7: Click Supply

1. You will be prompted to Review, click Confirm Supply to continue.
2. You will also have to Confirm the transaction on your wallet.

Step 8: Click on the Pool tab again to view your position

Step 9: Add the FLP token to your wallet

1. You will be prompted by your Wallet to click Add Token to finalize.

This token represents your position on the LP

Step 10: Click Manage to review your position

You may also want to break down your FLP tokens, and remove liquidity you have provided. Let’s take a look at that process.

Removing liquidity from a trading pair and breaking up FLP tokens

Step 1: Connect your wallet to AirDAO if you haven’t already

Step 2: Go to the Pool Tab

Step 3: Click Manage to edit your position

Step 4: Click Remove to remove liquidity

Step 5: Select the amount of liquidity you want to remove from the LP

Step 6: Click Approve

1. You will have a wallet notification on giving the Contract access to your funds pop up, click Sign.

Step 7: Click Remove

1. You will be prompted to Review, click Confirm to continue.
2. You will also have to Confirm the transaction on your wallet.

This completes the step-by-step of everything you can do on FirepotSwap. We will be releasing a video version of these guides as well in the near future.

If you have any questions, please reach out to us over on our Discord server, we’re always there and always willing to help.