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In this tutorial, I will show you how to up and running on Saucer Swap super fast.
What is Saucer Swap?
Saucer Swap is a decentralized exchange (DEX) built on Hedera bringing the next generation of DeFi to the crypto industry.
Don't want to read this tutorial? Okay, fine. I have put this video together for you.
Okay, let's jump into it...
I'll be using a Hashpack wallet in this tutorial. I have a handy tutorial to get started on Hashpach here.
Syllabus:
This tutorial will focus on the following:
- Connecting a wallet
- Swapping tokens
- Liquidity pools
- Crop circles
Overview of Saucer Swap:
Let's get started!..
Connecting a wallet:
Open Google Chrome and visit https://www.saucerswap.finance/.
Now click on connect wallet.
Hashpack is a Saucer Swap contributor so we have a handy link in the popup to connect apps. Click on the Hashpack button.
You'll be asked to sign into Hashpack. Add your password and click 'Sign in to Hashpack'.
You'll now be asked to approve the Saucer Swap connection. Select the wallet you would like to connect followed by the approve button.
If it all went well, your wallet ID will now appear in the top right of the screen.
Note: Saucer Swap will also shown in the dapp section on Hashpack
Swapping tokens:
Go ahead and click on a 'Swap' call to action on Saucer Swap main web page.
Use the swap screen to select a 'From' and 'To' asset that you would like to swap. I will be swapping HBAR for SAUCE (Saucer Swaps own token).
Click the green 'Swap' button when you're happy to proceed.
Note: This action will open your Hashpack wallet as you'll need to approve the swap.
Click the green 'Swap' button when you're happy to proceed.
If it all went well, you should see some new SAUCE tokens in your Hashpack wallet.
We're now ready to look at Liquidity pools.
Liquidity pools:
Go ahead and click on a 'Liquidity' call to action on Saucer Swap main web page.
You can now select the amount of HBAR/SAUCE that you would like to exchange for LP tokens (liquidity pool tokens). I went ahead and clicked MAX on token B (SAUCE).
Click the green 'Supply' button when you are happy.
Note: This action will open your Hashpack wallet as you'll need to approve the transaction.
If it all went well, you should see some new LP tokens in your Hashpack wallet.
You will also now see LP tokens at work in the Liquidity pool when you click the 'my pool' toggle button.
Note: Your LP tokens will only show here when they are not staked to a crop circle (Farm)
Crop Circles:
Go ahead and click on a 'Crop Circles' or 'Farm' call to action on Saucer Swap main web page.
Go ahead and click the HBAR - SAUCE crop circle.
Now click the green 'Stake' button
Enter a value and click the green 'Stake' button when you are happy.
Note: This action will open your Hashpack wallet as you'll need to approve the transaction.
Congratulations! You have staked your LP tokens into a Saucer Swap Crop Circle.
You can check your portfolio at anytime by clicking the 'Portfolio' link on the top nav bar.
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