How to Use MuesliSwap DEX, Complete Tutorial & Walkthrough Guide
Learn Cardano
I thought it was time to cover the entire MuesliSwap DEX in its entity now that it has liquidity pools, AMM capabilities and yield farming opportunities. Visit the MuesliSwap DEX: http://bit.ly/3fQefbQ
Since it was the first DEX to launch on Cardano, it should be the first complete user guide I should do.
This is a highly edited walkthrough of the Muesliswap DEX from a couple of hours of recording.
This tutorial goes through everything that you can do on the DEX, including:
- Swapping
- Providing liquidity
- Locking for Yield Farming
- Converting MYIELD to MVOUCHER tokens
- Withdrawing your liquidity
- Token staking
- A quick overview of impermanent loss and risks
Purchase a Hungry Cow Visit JPG Store to do so: http://bit.ly/3UFvs73
Shoutout to Discosolaris, featured in the Nano Frame and Clay Nation merch I'm wearing.
Chapters 00:00 Intro 00:43 Prerequisists and Overview 03:35 Swapping 04:19 Performing the swap 06:25 Farming overview 07:47 Adding liquidity 10:06 Liquidity Bootstrapping Event Pool 10:54 Adding liquidity with Hungry Cows Boosting NFT 13:58 Checking Yield Farming Positions 15:29 MYIELD Transformation Overview 17:33 Converting MYIELD to MVOUCHER 19:11 Be Mindful of Transactions 20:10 Checking Converted MYIELD 20:45 How to Unstake & Withdraw Liquidity 21:53 Understanding Impermanent Loss and Risk 24:46 Removing or Withdrawing Liquidity 26:22 Wrapup 26:45 Milk Token Staking 28:47 Outro, Updates and Shoutouts
=== *** None of the information on this episode is to be considered as financial advice. All conversations and opinions are that of the guests and are intended for educational and entertainment purposes only. Please do your own research and understand that cryptocurrencies are volatile and risky. https://www.youtube.com/watch?v=Fq8FhvxET2k
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