Tutorial to buy WOX token and add liquidity in World Of Xchange

in WORLD OF XPILAR3 years ago

Hello STEEMIT community in general, today I want to participate in the Great Competition, you can win WOX tokens. You might be wondering perhaps What are WOX tokens... I won't go into technical details, for that @xpilar has made the following post:

Introduction to World of Exchange - A product of World of Xpilar

But I must emphasize that any initiative that promotes in one way or another the development and positive impact of Steem and Steemit, for my part will be supported. So today I bring a detailed guide on how to participate in this project that is being developed by @xpilar and his team.

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Bitmoji App / Edited in Power Point / Source

There are some things that we must be very clear about before we can participate in the project that is supported by the Tron network, which in a way is also integrated in STEEMIT.

The first thing is that we must download the TronLink Wallet as an extension. Send TRX to that Wallet, either from the earnings you get in Steemit or you send from any Exchange House. Here is a great use of TRX, invest them to generate passive earnings and support this great project.

Once they have sent the funds to TronLink, they must get power and bandwidth to be able to make the transactions. It is easily done, they must make TRX Stake, to be able to dispose of it. As you can see in the following video.

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Once we have our Wallet downloaded, with funds for investment, and we already have power and bandwidth, we proceed to go to the page: SunSwap, which is where we are going to buy the WOX token, and add liquidity to have passive income.

We must connect our Wallet with SunSwap, it is an easy process. As you can see in the following video, where you can also verify that you have power and bandwidth.

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There is an important point that I cannot fail to mention, and it is that in order to buy Wox Tokens you must switch to the most updated version of SunSwap. When you open the platform it is preconfigured in V1, but we must configure it with V2, as shown in the following image.


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Edited in Power Point / Source

Remember that the specific tokens of SunSwap are already listed, but allows the option to add other tokens, such as the TOKEN WOX, to do so, I leave the indications in the following video, and here I leave the address of the contract that must be used for this purpose:

TAs52oeyrRaeWwLEGNtf1PtpbQct4brM6o


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Now we can proceed to the purchase of WOX. I must emphasize the fact that to put to mine a token in any DeFi system we must do it in pair of tokens, and each must be in equal proportion in terms of "Dollars". So I will use 200 TRX to buy WOX token, and then I will use 200 TRX to make the pair, later.

Ready, as you can see in the video below, I have already bought the WOX tokens.***


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We move on to the next process, which in this case is to add liquidity, that is, to convert both TRX and WOX into LP Tokens. In the video below you can easily visualize the procedure.

This is particularly important, because it is the basis of the operation of any Exchange, whether centralized or decentralized as in this case, to have sufficient funds to ensure the liquidity, but this is not free, obviously, for the fact of keeping our funds in stake, we will charge later part of the commissions of all transactions.


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The other important point is that we are supporting this project led by @xpilar and her team, which as we all know is one of the strongest communities within the platform.


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Edited en Power Point/ Source

This is the end of my participation in the Great Competition, you can win WOX tokens, We hope it will serve as a guide for those who wish to participate.


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Twitter | Instagram | Discord | Youtube | Telegram: @josevas217

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 3 years ago 

Thanks for the great guide @josevas217

You are welcome @xpilar, a pleasure for me to participate.
Thank You for your support

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Thank you for your support.

 3 years ago 

Hi @josevas217

You need to swap PreSale token to live WOX token. And the live token is going to be traded here
Read the explanation here from @tomoyan
https://steemit.com/hive-161179/@tomoyan/woxfi-presale-wox-to-live-wox-token-swap

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