Adding Liquidity in the pSPS-POLYCUB farm on polycub.com full tutorial from Splinterlands to POLYCUB

in LeoFinance2 years ago (edited)

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Hey there Splinterpeeps, DEFI yield optimizers and everyone inbetween!

Adding Liquidity on Polycub.com in the pSPS-POLYCUB farm

In this tutorial I provide you with a step by step tutorial on how to move your SPS from the Splinterlands game, to hive-engine, than wrap them to pSPS on the polygon network, than adding the pSPS token to your Metamask wallet, then swapping half of your pSPS to Polycub, then adding to the liquidity pool and finally stake the LP tokens in the pSPS-POLYCUB farm on polycub.com.

Adding the Polygon network to your Metamask creating a polygon address

These steps are basic steps you need to do. You can find these in the tutorial by @anomadsoul

Polycub Farms For Dummies

you will find tutorials for each and every step. This tutorial is specific.
Some things you need to consider. The gas fees are super low on polygon and are paid in Matic. (shown as ETH in my wallet i never cared to change it :) )
Make sure you have at least a little matic in your wallet before you try to submit any transaction to the polygon network!

Moving your in game SPS from Splinterlands to tribaldex.com

easy to do if you do not know how to move splinterlands assets to tribaldex check out this tutorial by me solymi:
How to move Splinterlands Assets to Hive-Engine

Wrapping your SPS to the pSPS on the polygon network

https://wleo.io/sps/
go here follow the steps I do in the video and you should be fine!
I used tribaldex.com to check the transaction.

Adding a custom token to metamask

There is plenty of tutorials about that as well. The token contract address for pSPS is:
0x28cEAd9E4ff96806C79f4189eF28FC61418e2216
this information comes from polygonscan: please always doublechek if the contract address is correct!
https://polygonscan.com/token/0x28cEAd9E4ff96806C79f4189eF28FC61418e2216?a=0xf89261d86c6e8bd4c719f1fd769220dfc746d67a

Swapping pSPS to POLYCUB

you do not have to do that you can also buy the matching amount of polycub and adding a custom token on sushiswap can be done by pasting the contractaddress from the official docs of polycub.com
or polygonscan.
SWAP page link: https://app.sushi.com/swap?tokens=0x28cEAd9E4ff96806C79f4189eF28FC61418e2216&tokens=0x7cC15fEf543f205Bf21018F038F591C6BaDa941c&chainId=137

Adding liquidity to sushiswap pool pSPS-POLYCUB

The address for adding liquidity is:
https://app.sushi.com/add/0x7cc15fef543f205bf21018f038f591c6bada941c/0x28cEAd9E4ff96806C79f4189eF28FC61418e2216?tokens=0x7cc15fef543f205bf21018f038f591c6bada941c&tokens=0x28cEAd9E4ff96806C79f4189eF28FC61418e2216&chainId=137

you can see the adding liquidity transaction here:
https://polygonscan.com/token/0x28cead9e4ff96806c79f4189ef28fc61418e2216?a=0x3788cf14fcbdf9a35b9a44a3d3df1fea4fc73ccb

DISCLAIMER: Non of this is financial advice or in any form incentive to buy any of the mentioned crypto assets. I did thi with my own money but I am not a financial expert! Please DYOR do your own research and do not invest if you can not afford to loose your investment!

This tutorial has been shot while the POLYGON MAINNET had some issues so there is some failed transactions.
Usually a hard refresh on the sites will help to solve minor issues. Always check in your Metamask wallet if you are signing the right transaction!

This is also part of the hashtag PLW hashtag liqudidity week contest of leofinance.io
If you provide or have provided liquidity before the 31st of May you could win some extra cash!
Find out more in this post: Provide liquidity week join to win $500 USD

I also know that some of you are still waiting for a chaos legion pack raffle! The draw will be posted SOONtm

LET'S CONNECT!

I would really find it helpful if you get into the discussion. You can find me on most of the hive discord channels and you can also contact me via my website https://gaming4co.in/ or 🆒🎮💰🆓.y.at just copy paste these emojis and the .y.at and see where it takes you ;)

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Keep your funds secure with a hardware wallet!

Earn crypto for reading and sending emails!

https://listnerds.com/@solymi


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Wish you good luck with your participation mate, I hope the submission brings the rewards for you ^^

Posted Using LeoFinance Beta

Thank you! Are you also entering the contest?

The returns of pSPS-Polycub pool is indeed enticing especially since I love both the tokens.

Posted Using LeoFinance Beta

Haha, yes I mean in game over 50% is already sexy but that extra 30% make it very tempting. With the contest going on I also have a chance on a bigger chunk :) winning 100$ with investing 400 in a few days is pretty tempting as well ;)

Good luck. You have to enter to win. Thanks for sharing.


The rewards earned on this comment will go directly to the people(@solymi) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

These are helpful guides to adding LP into pSPS-Polycub pool. A nice farm to add up on any existing ones especially with the current APR :)

Posted Using LeoFinance Beta

Yes the APR is super juicy :) @solymi actually added a little more since it is #plw #liquidityweek
Thanks for your comment. I assume you found this in listnerds?
Solymi is shilling his gaming content like a vicious man...

This was the one I was missing. Thanks for the detailed instructions on pSPS-Polycub!

Posted Using LeoFinance Beta

Glad we could help :) !PIZZA

It is great having such a variety of farms now.
This is a great tutorial!

Posted Using LeoFinance Beta

Thanks a lot! I am happy you like it :)

You are welcome and I did :)

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If i had more tokens i would for sure dive in. Good luck everyone!

The good thing is you don't have to shove in huge amounts. Fees are super low. 1 Matic will give you a lot of transactions. No big fees eating up the profit.

thanks for the tip. perhaps i can add a little in each week and test it out. :)

APR is over 100% rn
thats crazy
Bildschirmfoto 2022-05-29 um 11.19.42.png

that seems unreal! awesome! :)

Posted Using LeoFinance Beta

I dont think i will add for psps-polycub. I am super bullish on sps which can create huge pairing disparity which cause high impairment losses.

I totally can understand. As for now we have a decrease in both values so everything should be fine, The risk of impairment loss is real, but I am willing to take a slight risk for the increased APR. However I totally can relate to someone doing otherwise.

PIZZA!

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