Cryption Network
  • Introduction
  • Cryption Network roadmap
  • PolyDEX and Yield Farming
    • Get Started
      • Create Wallet
      • Get Matic ERC20 Tokens
    • Features
    • Exchange
      • How to trade tokens
      • How to add / remove liquidity
      • Swap Fees
    • Farms
      • How to use farms
      • Single Sided Liquidity
    • Cross-Chain Farming
    • Second Chance Lotteries
    • Migration
    • Reward Manager
    • Pools
    • Farm and Pools End block
    • Smart Contracts
  • Cryption Wallet App
  • CNT Tokenomics
  • Partnerships
  • Migrating CNT from Ethereum to Polygon
  • FAQ
  • Dapp Factory
    • ERC-20 Token
    • IDO/Presale
    • Vesting
    • Liquidity Locker
    • Staking Pool
    • Farms
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  1. PolyDEX and Yield Farming
  2. Farms

Single Sided Liquidity

You can add liquidity using a single asset.

PreviousHow to use farmsNextCross-Chain Farming

Last updated 3 years ago

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Using Single Sided Liquidity you can directly provide any of the constituent tokens or the LP token to farm with a single click.

How does Single Sided Liquidity Work?

Let's take the image above as an example.

  1. If the user has the LP token they can directly call the the approve function and then deposit normally as you do in normal farms.

  2. If you want to use MATIC click on the radio button next to "MATIC" and then click on Add Single Sided Liquidity. You can do the same with USDC after giving approval.

Adding Single-Sided Liquidity using MATIC does not require approval.

What happens to my token?

  1. Lets say you want to enter into the MATIC-USDC farm using MATIC.

  2. You MATIC is taken into our contract. This matic is then split to get a 50-50 MATIC and USDC.

  3. This is then added to PolyDEX to get the appropriate amount of LPs.

  4. Once the LPs have been generated they are on your behalf to the farm.

  5. All of this is done in a single click.

When you withdraw your LP token from the farm you will receive it as LP tokens.