Guide on How to Use Amaswap Platform
For the ease of use of our platform, we have created to make sure everyone can use our platform. AmaSwap is the easy-to-use DeFi platform for all crypto enthusiasts and those who are looking to tap into the DeFi space.
Find below the various guides;
Table of Content:
1. How to Connect to AmaSwap from a PC or Mobile wallet
2. How to swap from one token to the other
3. How to add Liquidity to a liquidity pool
4. How to earn from Amaswap Farming
5. How to check market information(statistics) for a token.
- How to Connect to AmaSwap from a PC or Mobile
To connect to AmaSwap from the PC, you must have the tronlink extension installed in your web browser.
Visit tronlink.org for more info
Create an account or sign in to your existing tronlink account from the tronlink extension.
Visit amaswap.org to verify if your account info is displayed on the site
To connect from a mobile, you need tronlink pro App.
Download the APP from tronlink.org site.
Create an account or sign in to an existing account.
Click on the Discover tab.
Enter, amaswap.org from the url bar.
Your wallet is now connected to amaswap.org
2. How to swap from one token to the other
Visit amaswap.org.
Select the token pairs you want to swap.
Select the available token to be on top and the token you want to swap to, to at the bottom as indicated below
Click on swap once. Wait for the next screens and pop ups after every click. Do not click on any button more than once when it is stuck on operation.
Wait for the the transaction to be confirmed.
Confirm if you have received your tokens. You can do that by selecting the token you swapped for. The new balance should be updated if only the transaction was successful.
Note: Do keep an eye on the price impact. Higher value means that you will not be trading the selected crypto asset at the last price seen. Always ensure that the price impact is highlighted green for best trades. You will be responsible for your actions if you still go with a price impact highlighted as red.
3. How to add Liquidity to a liquidity pool
Liquidity pools are created when new pairs are added to the exchange. These pools(contracts) hold the tokens to allow for swapping on the platform.
Adding liquidity to our platform is a must for earning on AmaSwap.
1. The Platform earns fees for every trade on the platform.
2. Part of the fees are distributed to liquidity providers.
To provide liquidity on AmaSwap,
Check the available pools here.
Visit Amaswap Liquidty page and click on add liquidity.
Select the pairs you want to add to liquidity to. Enter the amount of one of the assets. An equivalent amount is added to the other pair.
Click on supply and follow the next screen. As usual, wait and click. Do not click the same button multiple times.
Wait for the transaction to confirm.
After Adding Liquidity for a pair, you seen the info about your liquidity on the liquidity page.
Check for your Liquidity provider token from the details.
4. How to earn from Amaswap Farming
Once you have already provided Liquidity to any of the pools, you are eligible to earn rewards if only farming is enabled for that pool.
To check for available farms,
Visit the farming page
Wait for the various farms to load.
Check for your pool(Where you have already provided liquidity for and have its LP tokens)
Note: Your LP tokens are unique for every pair. AMA/TRX LP tokens cannot stake into AMA/USDT farm.
Expand on the farm to see your LP token info for every farm.
To stake your LP tokens, Click on the Deposit/Withdraw button and enter the amount of your LP tokens you want to stake.
The amount of your LP tokens you stake will determine the rewards(in AMA tokens) you will receive.
When you stake your LP tokens, it is deducted from your LP token balance. You can get it by unstaking. Unstaking can be done at any time but comes with a fee so use the button carefully.
You can claim your accrued reward leaving your staked LP tokens behind to add more rewards by using the Claim button.
5. How to check market information(statistics) for a pair.
To check the market info a particular pair,
Visit market and click on the pair.
Details about the pair will appear.
FAQ
Q: How much fees do I pay for a swap
A: You pay for the transaction fees and also trading fees that are used to incentivize liquidity providers. Trading fees appear on the swap page. You will see the fees before approving the transaction.
Q: Why is my transaction not confirming.
A: Wait for at least 3 minutes. Refresh the page and check your balance to see if the transaction was successful. If failed or didn’t occur, repeat the process.
Do also make sure you have enough TRX to pay for transaction fees.
Q: How much fees do I pay for staking/unstaking
A: You do not pay fees for staking, however, you pay a 2% fee for unstaking before the farming period ends.
Q: I cannot see my tokens after providing Liquidity
A: Yes, when you provide liquidity, those tokens you add leave your wallet to our smart contract. When you remove your liquidity, you get them back.
Q: I cannot see my liquidity again even though I have not withdrawn them
A: Please, refresh the page. If you have staked in a farm, unstake first from the farm. Check back from the liquidity page, your LP tokens should be available for removal.
Q: My swap has cancelled even though I have enough TRX for fees.
A: Check the setting menu from the swap page. You might have used a very low slippage tolerance or a short deadline. Trying using the default values if you changed them.
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