11/26/22

Adding VLR/Matic Liquidity for your community on QuickSwap

The VLR Token is new and limited.

AdValorem VLR Token Contract: 0x221d160BA7E3552FeE22A33B3982AD408C3D6E65

When users deposit liquidity into QuickSwap, they receive an Liquidity Pool (LP) token. Liquidity pool suppliers earn 0.25% on the fees generated by their pool in proportion to their share of the pool.

The more VLR moves your pool, the more LP providers earn.

In order to create a viable marketplace QuickSwap allows users to “lock up VLR and other tokens” in pairs as decentralized collateral to provide liquidity in their Liquidity Pools.

This helps create grow the AdValorem Market.

Users who provide liquidity receive LP reward tokens. Similar to our royalty pools (more on that later).

We ask every user to provide liquidity so their resellers can purchase VLR from Quickswap when they want to trade your NFTs on AdValorem Market.

Adding liquidity helps your community purchase more VLR, so they can purchase your tokens. We recommend you add liquidity often.

This is true decentralization.

Steps to create, add and remove tokens in Liquidity Pools:

Go to Loyalty Market

Go to Profile

Let's make sure we have Matic and VLR to add, we need both.

Now we need to find the VLR contract address.

You can find it in the Metamask tutorial, it's labeled AdValorem VLR Token

Let's copy the contract, we'll need it in a second.

Now we go to the liquidity pool.

Go to Select Token, paste the contract so you can find the VLR token contract.

Add as much as you think your tokens will cost.

Click Supply

You are supplying VLR and Matic so your customers can buy your N F T Tokens.

Approve in your wallet, and it's pending.

Let's view analytics. Hmm, still not there.

Sometimes it takes a minute.

But, I want to make sure.

Let's verify the blockchain.

Click the Uniswap V2 contract.

Click ERC-20 Token.

There is my transaction.

Everytime this pool trades I now earn some LP tokens.

Let's add LP tokens to my wallet so I can see what I earn.

Click any transaction.

Click Uniswap V2 Contract, copy it.

Import it.

I have 19 LP tokens from QuickSwap.

That will grow.

Let's see if our transaction is updated.

It is.

The more liquidity there is, the more users can buy VLR so they can buy your Tokens.

Congrats!

Create loyalty through royalties.

YOU can create LOYALTY thru ROYALTY.

Subscribe NOW to AdValorem Channel (@NFT_Marketplace): https://www.youtube.com/channel/UCXNbifonp-no4F-izVd1FQg

TUTORIAL's: https://www.advalorem.io/tutorial

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