Dear Community,
We've listened to your feedback and are excited to announce opBNB as the latest addition to PancakeSwap! With opBNB PancakeSwap, you can now easily swap and provide liquidity. We've created a simple step-by-step guide to help you get started, covering everything from bridging to swapping and liquidity provision.
How to connect your wallet on opBNB PancakeSwap
Head to the upper-right corner of your screen, select opBNB, and click on "Connect Wallet". If you're using a browser extension wallet, simply click on your wallet's icon and follow the prompts in the pop-up window.
For those looking to move assets from different chains to opBNB, please visit this link for step-by-step bridging instructions: https://blog.pancakeswap.finance/articles/how-to-bridge-tokens-from-BNB-Chain-mainnet-to-op-bnb
Swap on PancakeSwap v3 After Connecting to opBNB
1. Choose the specific tokens you want to exchange and input the quantity.
2. Review all 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 opBNB
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 opBNB!
1. After connecting to opBNB 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 fee tier, 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.
How to Remove Liquidity
1. Navigate to the Liquidity page and select the "Add Liquidity" button. 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.
Thank you for joining us on this incredible journey! Be sure to sign up for our Galxe campaign when you initiate SWAP and LP on opBNB PancakeSwap v3. The campaign is live from September 28th to November 16th, and you can access it here: https://galxe.com/PancakeSwap/campaign/GCjxVUcL9n. We hope you're enjoying our multi-chain adventure, and keep a close watch on our social media channels for exciting updates and upcoming products on opBNB and other chains!
🗺️ Happy exploring!
The Chefs 🥞