Introduction

Quack morning our dackity. We are excited to quacknounce the release of new features that enhance the user experience on DackieSwap, providing greater convenience when it comes to adding and removing liquidity. These additions aim to make the process smoother and more user-friendly, ensuring a seamless liquidity management experience for our users.

Traditionally, when adding liquidity to a pair like ETH-USDC, it required a 50-50 balance of both tokens. However, with Zap Liquidity, we've made it even easier. Now, if you only have ETH or only have USDC, the feature will automatically swap a half amount of the available token and add liquidity in a single transaction. This streamlines the process, saving you time and effort while ensuring you can participate in liquidity provision seamlessly

Here are some steps to explore the Zap Liquidity features:

Go to liquidity page.

Make sure that you enable Zap on configuration, that’s enabled by default.

Add Liquidity

We will be adding an ETH-USDC liquidity pair. In this scenario, I only have ETH and not USDC. On the user interface, you can select the option to add liquidity using just one token.

The next box indicates that half of your ETH will be swapped for USDC.

After confirming the supply and approving it on Metamask, half of your ETH will automatically be swapped for USDC, and liquidity will be added in a single transaction.

Remove Liquidity

To withdraw liquidity, the Zap feature allows users to convert their liquidity pool tokens back into a single token. The mechanism is similar to that of adding liquidity, it will automatically swap your liquidity pool tokens for the selected single token.

Go to your liquidity, choose ETH-USDC pair, click ‘Remove’.

On the next page, choose just only USDC. Remember that just an example, don’t leave us, a heartbroken Dackie will always be here to pull you back. ^_^

The following box will display the amount of USDC you will receive upon completion.

Click 'Confirm' and approve the action on Metamask, your liquidity pool tokens will be converted into USDC only.

That’s all. Thanks for your reading.

Quack quack!