Add/Remove Liquidity

Adding Liquidity on Dhive

In this example, we will add liquidity using ELLA and DHV.

Please note that this example is for illustrative purposes only. The DHV/ELLA trading pair may have created on Dhive Amm.

Steps to Add Liquidity

1. Visit the Liquidity Page

   • Navigate to the liquidity section on Dhive.
2. Click the “Add Liquidity” Button

   • Select the option to add liquidity.

3. Select the Token Pair

   • Using the top-left input, choose the two tokens for your trading pair. In this example, we will use ELLA and DHV.

4. Enter Deposit Amount

   • Input the amount for one of the tokens under “Deposit Amount.” The corresponding amount for the other token will be auto-filled.

   • If your balance is insufficient, an error message will appear, and the button will be disabled. Adjust the amount accordingly or use the “MAX” button for the maximum available value.

5. Enable Token Approvals

   • Click the “Enable DHV” button. If adding liquidity with tokens other than ELLA, you may need to enable each token separately.

   • Confirm the action in your wallet.

6. Add Liquidity

   • Once enabled, the “Add” button will become active. Click to proceed.

   • Confirm the transaction in your wallet.

7. Liquidity Confirmation

   • After a successful transaction, your LP Token balance will be visible on the liquidity page.

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Removing Liquidity on Dhive

Steps to Remove Liquidity

1. Visit the Liquidity Page

   • Navigate to the liquidity section.

2. Select the Liquidity Pair

   • Under “Your Liquidity,” click on the pair you wish to remove liquidity from.

3. Click “Remove”

   • A new modal will appear.

4. Select Liquidity Amount to Remove

   • Use the buttons or slider to specify the percentage of liquidity to remove.

   • Choose “MAX” to remove all liquidity from the pair.

5. Enable Token Approvals

   • Click “Enable.” Your wallet will prompt you to confirm the action.

6. Remove Liquidity

   • Once enabled, the “Remove” button will activate. Click to proceed.

   • A confirmation window will display the number of tokens you will receive.

   • Click “Confirm” and approve the transaction in your wallet.

7. Transaction Confirmation

   • Upon confirmation, you will receive the two tokens from your pair.

   • If you have not removed all liquidity, your remaining liquidity value will update on the liquidity page.