How Provide Liquidity to TraderJoeXYZ USDC USDC e Stablecoin LP Pair and Earn 30% APY Risk Free

How Provide Liquidity to TraderJoeXYZ USDC-USDC.e Stablecoin LP Pair and Earn 30% APY Risk Free. TraderJoe is the premier DEX on Avalanch network.

How to Buy Avalanch (AVAX) Coin from Exchange and Transfer into Metamask Wallet. You can get AVAX from any of the supported exchanges listed on CoinMarketCap. AVAX can be purchased Binance.com (Non US Users), Coinbase, Huobi Global, KuCoin, Bitfinex. I like using KuCoin exchange because of lower fees and no restrictions for US users. I used KuCoin centralized exchange to purchase AVAX tokens from USDT I had. Then, I switch to withdrawal tab. I select C-chain. You want to transfer funds in C-Chain to your metamask wallet. C-chain is for contract chain. Do not send via X-chain to MetaMask or you will permanently lose your funds. I copied my Metamask C-Chain AVAX wallet address and copied into withdrawal address of Kucoin AVAX token. Then you need to complete the 2FA authentication before funds are withdrawen to MetaMask AVAX wallet address. My Funds arrived under 5 minutes to MetaMask wallet. Now I am ready do TraderJoe DEX investing magic.

Swap AVAX to USDC and USDC.e StableCoins Using your initial AVAX that was transfered in my case 6.85 AVAX tokens, I first Convert to USDC. I buy accident converted AVAX to USDT. I notice USDT APY is lot less at 15% APY. So I decided to convert the USDT into USDC. I had to pay like $1.00 in liquidity provider fee besided $0.10 in AVAX for gas. First you need to approve the Swap half of my AVAX 3.35 to USDC. Remember to keep 0.1 AVAX free to pay for AVAX gas. Then confirm the Swap with AVAX gas again around $0.10. Next I convert other half of AVAX 3.35 to USDC.e. Then I go to my MetaMask wallet and you will see $217 USDC.e and $221 USDC.

Provide Liquidity to USDC/USDC.e Liquidity Pair Now you alread have $217 USDC.e and $221 USDC tokens on my MetaMask wallet, I pick Max lower amount of USDC.e token at $217. Since you cannot get exactly half half of equal tokens during the swap, just pick the lower amount of tokens and make that as Max. You have to invest equal worth half amount of tokens on any liquidity provider pair. First approve USDC.e with AVAX gas again at cost of $0.10. Wait until this confirms with block chain. You will now see USDC approve button enabled. Secondly, approve second token in this case USDC with $0.10 AVAX gas. Wait until this confirms with block chain. You will now see Supply button enabled. Thirdly, confirm the liquidity providing by clicking on Supply button gain with $0.10 worth of AVAX gas. After this third transaction is confirmed you have successfully provided liquidity to Stable coin pair in AVAX.

How to Farm on TraderJoe for the USDC.e/USDC Liquidity Pair Next, I will show you how to provide liquidity to USDC.e/USDC Farming Pair to earn additional JOE tokens at 1.71% APR on top of 30% APY with trading fees. Now go to the Farm tab on TraderJoe. You will see USDC.e-USCD LP pair. Click on it. Click Max about amount of LP token you want to invest. Click approve with AVAX gas and click Submit with AVAX gas again. This will confirm your investment in Liquidity tokens in TraderJoe AVAX farm. After you invested in Liquidity tokens, you will see that your USDC and USDC.e tokens are gone from your MetaMask wallet into the Liquidity token called JLP. You will see a fraction of Liquidity token in JLP that corresponds to your USDC and USDC.e token share. Exactly how LP tokens amount is computed is beyond scope of this video. As you can see for my investment of $437, I got right away 0.001 JOE tokens. When I accumulate few JOE token, I will claim this JOE tokens. TraderJoe tells me my share of the pool is 0.00183% give total liquidity is 23 Million Dollars. You can always to go to the farm tab and click on My Farms to see your liquidity provider pools.

Risk Rewards The reason I pick a Stable Coin Liquidity pool because crypto currency is risk of going more down during this current down turn. I want to be able to multiple my money slowly even in a down turn. I will switch to AVAX-USDC pool when market is starting to pick up. I have no risk by staking on both stable coin pool other than smart contract exploits on TraderJoe exchange.

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Time Stamp: 00:00 Introduction TraderJoe DEX 01:03 Where to Buy AVAX Tokens 02:21 Swap on TraderJoe DEX with AVAX to USDC and USDC.e StableCoins 03:19 How to Provide Liquidity on TraderJoe to USDC/USDC.e Liquidity Pair 04:28 How to Farm on TraderJoe DEX 05:59 Risk Rewards on TraderJoe AVAX DEX for Stable Coin Investment

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