Welcome to PancakeSwap Polygon zkEVM! We are delighted to share that we've expanded our multichain map to include Swap and Liquidity Provisioning functionalities on Polygon zkEVM! This guide is crafted to guide you seamlessly through the use of Polygon zkEVM on PancakeSwap v3, specifically designed for new PancakeSwap users already familiar with Polygon zkEVM. We hope you enjoy your journey with us!
Go to the top-right corner of your screen, choose Polygon zkEVM, and click "Connect Wallet". For those using browser extension wallets, you only need to select your wallet's icon and follow the instructions in the pop-up window.
If you need to transfer assets from other chains to Polygon zkEVM, please kindly visit here for the bridging instructions: https://blog.pancakeswap.finance/articles/how-to-bridge-tokens-from-eth-mainet-to-polygon-zk-evm.
Swap in PancakeSwap v3 after connecting to Polygon zkEVM
1 - Choose the specific tokens you want to exchange and input the quantity.
2 - Review all the transaction information carefully. If everything looks good, press "Swap" to continue.
3 - A prompt for "Confirm Swap" will appear. Review the details again for accuracy.
4 - If all details are correct, proceed by clicking on the "Confirm Swap" button.
5 - Your wallet will request one final transaction confirmation. Confirm to complete the process.
Add/Remove liquidity in PancakeSwap v3 after connecting to Polygon zkEVM
In v3, liquidity providers can focus their liquidity within a specific price range, allowing them to receive an equivalent amount of trading fee but with less capital committed to the liquidity pools. Also, providers can select from one of four trading fee tiers: 0.01%, 0.05%, 0.25%, and 1%. This feature is now available on Polygon zkEVM!
1 - After connecting to Polygon zkEVM at the top right corner, navigate to the Liquidity page and select the "Add Liquidity" button.
2 - Choose the two tokens that will make up the trading pair for which you intend to add liquidity. In this example, we will use ETH and USDC.
3 - The system will automatically select the most widely-used trading fee tier and set your price range.
4 - Ensure that you are adding v3 liquidity by checking for the "v3 LP" label.
5 - The price range can be reviewed on the right side of the display. Adjustments can be made as needed. Please select an appropriate price range, as positions that are out-of-range will not generate trading fees.
6 - Enter a specific amount for one of the tokens in the "Deposit Amount" field, or simply use the "MAX" button for convenience.
7 - Click on the "Enable" button. If you add liquidity with tokens other than ETH, both tokens need to be enabled.
8 - After completing these steps, the "Add" button will become active. Click on it to move forward.
9 - A pop-up window will appear, providing a preview of your liquidity position. Review the details, and if everything is accurate, click "Add" once more to continue.
10 - Your new liquidity position will be displayed on the "My Liquidity" page. Click on it to view the details.
1 - Navigate to the Liquidity page. 2 - Identify the position from which you wish to remove liquidity under the "Your Liquidity" section, and select it. 3 - Select the "Remove" option. A new window will subsequently appear. 4 - Utilize either the buttons or the slider to determine the amount of liquidity you intend to withdraw. If you desire to remove all liquidity, simply select the "MAX" option. 5 - As a result of this action, you will receive both tokens from your pair. The value of your remaining liquidity will be updated accordingly.
You can now fully utilize our features for a flexible and beneficial trading and liquidity provisioning experience! Even better? We're hosting the Polygon zkEVM island campaign on Galxe for seven weeks https://galxe.com/PancakeSwap/campaign/GCJ7ZUWTKU. This event will start on June 29 at 15:00 UTC and end on August 17 at 15:00 UTC.
We invite you to join us in discovering the benefits of this innovative Layer 2 network, a key part of our multichain expansion!
Happy exploring! The Chefs