The HydroSwap V2 has finally arrived!!!
After months and months of debugging and testing, the HydroSwap V2 is finally here. We are pleased to introduce new features and ways to earn through staking on the HydroSwap.
Starting off, we have revamped the swap feature that allows users to convert one token into another by adding charts that track each asset traded via a subgraph.
We have also added liquidity pools open for anyone to fund, this allows users to put up Hydro Tokens against another token in a liquidity pair. Each Pair will reward users with Droplets, our new Liquidity Pool Token. We have an interactive guide that explains how to add liquidity and earn Droplet tokens here.
Furthermore, we are pleased to introduce our new Keres Voucher Farm, where users will be able to stake their HYDRO tokens to earn Keres Vouchers. The Keres Vouchers will be redeemable for Keresverse NFTs which you can read more about here. To discover how to stake, we have provided a short tutorial for you below.
Step 1: Visit HydroSwap homepage- https://hydroswap.org.
Step 2: To begin the process, you first need to connect your wallet with HydroSwap. At the top right corner, click on the Connect Wallet button to connect your Wallet with HydroSwap. You can see supported Wallets from the list. Also, please make sure that you’ve selected the Binance Smart Chain.
Step 3: Click on “Stake” from the top menu and then click on the “Enable” button. After that Confirm the transaction from the MetaMask popup.
Step 4: Once the transaction has been confirmed, click on the “Stake” button. Then on the popup menu, enter the amount you want to stake and click on the “Confirm” button.
Step 5: Click on the “Confirm” button from the MetaMask popup. After the transaction gets confirmed, staked Hydro and earned KVS tokens information will be displayed.
Step 6: To unstake the Hydro token, click on the “Place Unstake Request” button. Then on the popup menu, enter the amount you want to unstake and click on the “Confirm” button. There will be a seven-day lockup period on the tokens that are being unstaked which will be reflected in the UI.