How to Provide liquidity to the KLAY-nFNSA pool

Published in

NEOPIN

5 min readFeb 15, 2024

Discover how to deposit your bridged nFNSA tokens into the KLAY-nFNSA liquidity pool. By depositing both nFNSA and KLAY into this pool, you can earn NPT rewards. The following guide is tailored for users with a Kaikas wallet.

*Pro tip: To maximize your benefits with NEOPIN Club Membership, we recommend providing liquidity with your NEOPIN wallet. For more information about NEOPIN Club membership, please check here.

What is the KLAY-nFNSA liquidity pool?

The KLAY-nFNSA liquidity pool holds tokens deposited into a smart contract for swapping between KLAY and nFNSA. To support smooth processing of large token swaps, it’s essential for this pool to maintain sufficient liquidity. By depositing KLAY and nFNSA into the KLAY-nFNSA liquidity pool, users contribute to liquidity and receive NPT rewards.

How to Provide Liquidity on NEOPIN Web

Step 1. Visit the Pool Page on NEOPIN Web

Please click here to go to the NEOPIN. Once you’re there, click on “Pool” located at the top right corner of the page.

Step 2. Connect Wallet

Refer to the guide below for instructions on connecting wallets.

📍 How to connect a wallet: Guide

Before providing liquidity, click on the “Connect Wallet” button located at the top right corner of the page.

Choose the wallet in which you hold your KLAY and/or nFNSA.

To confirm that your wallet is properly connected, please check your wallet address at the top-right corner.

Step 3. Provide Liquidity to the KLAY-nFNSA Pool

Select the KLAY-nFNSA pool, then click on “Deposit”.

Before providing liquidity, kindly authorize access to the smart contract for the first time. This approval process allows the smart contract to access your wallet.

To deposit with the KLAY-nFNSA pair, simply enter the desired amount. Please ensure you have both KLAY and nFNSA tokens in your wallet to proceed with the pair deposit. You can also deposit with a single asset. Even if you only have one of the tokens, you can still make a deposit.

* When you enter the amount for one token, the required amount of the remaining token will automatically be entered.

* When you deposit a single asset, half of the amount is automatically swapped into the other asset from the pool. The exchange rate, swap fees, and the actual amount deposited may differ from the estimated amount of deposit depending on the slippage percentage.

Slippage: The price at which your order is executed does not match the price at which it was requested.

Once you’ve entered the amount, please review and agree to the “Terms of Use” at the bottom, then click on “Deposit”.

After checking the deposit amount, click “Confirm”.

Click the “Confirm” button in the transaction confirmation popup through the Kaikas wallet to complete the deposit of nFNSA and KLAY into the pool.

Once successfully deposited, you will see LP tokens in My Wallet by clicking on the wallet address in the top right corner.

How to Provide Liquidity on NEOPIN App

Step 1. Visit the Pool Page on NEOPIN App

To download the NEOPIN app, simply click on either Android or iOS. After downloading, head to the “Pool” tab on the Earn page.

Step 2. Provide Liquidity to the KLAY-nFNSA Pool

Select the KLAY-nFNSA liquidity pool, then click on the “Deposit”.

Before providing liquidity, kindly authorize access to the smart contract for the first time. This approval process allows the smart contract to access your wallet.

To deposit in the KLAY-nFNSA pair, simply enter the desired amount. Please ensure you have both KLAY and nFNSA tokens in your wallet to proceed with the pair deposit. You can also deposit with a single asset. Even if you only have one of the tokens, you can still make a deposit.

* When you enter the amount for one token, the required amount of the remaining token will automatically be entered.

* When you deposit a single asset, half of the amount is automatically swapped into the other asset from the swap pool. The exchange rate, swap fees, and the actual amount deposited may differ from the estimated amount of deposit depending on the slippage percentage.