Increasing Liquidity Round 3
The process to make more BALT available to trade is simple;
- We acquire Ethereum, Coinbase will charge approx. $15 USD for every $1,000 of ETH. There are better ways….
- The ETH is moved to the wallet containing BALT.
3. We will visit https://app.sushi.com/add/0xbdd4f273c2b0f0b84a51bd733aac617d91159376/ETH where there is already BALT/WETH liquidity, we will just add to it. You WILL get a warning about using an unverified token, If you are not sure visit https://www.bmoretoken.com and there is a link to add liquidity there.
4. Connect the wallet, select the amount of ETH ( it will become WETH ) and the amount of BALT will be selected. You can also select the amount of BALT and it will adjust the amount of ETH required. ( Approx $12 USD in gas, this is a ‘time-of-day’ thing, it goes up and down a lot. )
5. You can confirm your position at https://app.sushi.com/pool
At the time of this publication I am adding 2000 BALT / 0.41607 ETH liquidity.
Current Rate: 0.000208037 ETH per BALT ( Approx. $0.50 USD )
It takes about $30 USD in total transaction fees.
Here is the final transaction https://etherscan.io/tx/0x860d0bdf9a7104bccf34398da96ef9eb1a4d04c4ae048ffe1905bfeff6357ce5
Any questions? We would love to here from you!
