Earning on Verse DEX just got easier
Now you can deposit into Verse DEX liquidity pools with a single asset!
At Bitcoin.com, we’re relentlessly pursuing the goal of economic freedom for everyone by innovating the future of finance. Today, we’re ecstatic to unveil a game-changing feature on our decentralized exchange Verse DEX: Now you can deposit into Verse DEX liquidity pools with a single asset!
With this launch, we’re transforming the way you interact with liquidity pools, making it more accessible and effortless to earn yield. Gone are the days when you needed to manually calculate and deposit equal amounts of two different tokens. Now you can contribute using just one token, and Verse DEX takes care of the rest.
So what are you waiting for? Put your crypto to work and start earning rewards, currently up to 14.5% APY.
👉 Go to Verse DEX 👈
How Does It Work?
Choose a pool, pick a token, and decide how much you want to contribute. That’s it! Once you’ve confirmed the transaction, you’ll instantly start earning rewards from your chosen pool.
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For instance, if you want to contribute to the VERSE/ETH liquidity pool, all you need is some ETH. Here’s how the magic unfolds:
- Select the amount of ETH: Choose how much ETH you’d like to use.
- Confirm the deposit: Initiate and confirm the transaction.
- Receive your LP tokens: Get VERSE-X (VERSE/ETH) liquidity pool tokens in your wallet.
Behind the scenes:
- Half of the chosen ETH (minus gas cost) is automatically swapped to VERSE.
- Both ETH and VERSE are deposited into the pool at an equal ratio.
- VERSE-ETH LP tokens are promptly sent to your wallet.
Compatibility Across All Pools
This isn’t restricted to just the VERSE-ETH pool. Our Single Asset LP Deposit feature works seamlessly with all pools on Verse DEX, making it universally powerful.
Gas and Security Considerations
You will still need some ETH in your wallet to pay for gas. If you decide to deposit all your ETH, Verse DEX will smartly leave enough for transaction costs.
The security of your assets is our priority. We are thrilled to share that the contract has been meticulously audited by Chainsulting. You can review the audit report here.
The Future is Here!
Verse DEX continues to pave the way towards making decentralized finance more user-friendly, secure, and inclusive. Whether you are a seasoned liquidity provider or new to the world of DeFi, this feature is tailored to simplify your experience.
Join us in this revolutionary step towards more economic freedom. Dive into the future of finance with Bitcoin.com and explore the rewards on offer at Verse DEX, where Farms are currently paying up to 14.5% APY.
