How to add liquidity to the $FOUND token currency pair and profit from it
Just now I added liquidity to the FOUND token (as a private individual). So I will be participating in the profits from the sell tax incurred by the sellers and buyers in the transaction. I will show you how you can do it too and how much you can earn on it.
STEP 0: Buy FOUND tokens or withdraw them from the ccFound platform.
Remember that you can check the current price of the FOUND token at: https://www.dextools.io/app/en/bnb/pair-explorer/0x474ae4a9cbd4385c0a32d73db0dad47790dd6a34?t=1713872838831
You can also make purchases in the DEXswap section on the left side. If you do not yet have FOUND tokens, you can buy them here.
Important: slippage should be set on auto, or manually at 10.
Important - if there is a problem loading the assets in this section, try opening the page in a different browser, or clearing cookies, or opening a new window in incognito mode.
Also, remember that the token price depends on all of us. The company creating ccFound added as much liquidity as they could at the beginning - 50,000 USD - and as expected, the initial investors dumped tokens.
That's why liquidity is now lower, because it automatically recalculates - the value of BNB left in the pool and the value of FOUND at the current price.
Now our common goal is to gradually build the value of the FOUND token.
Its price depends on each of us, on whether we will buy or sell. There is no magic method like getting listed on Binance (many of you ask about it), because getting listed - for example - on Binance costs MILLIONS of dollars and requires additional millions of dollars in added liquidity.
We have to reach this stage together, starting from being a small token, and gradually becoming bigger.
We will not achieve this without the community, so I invite you to all play on one team!
Remember that the FOUND coin is on the BSC network (Binance Smart Chain), and on this network we buy and send it.
You can buy FOUND directly on the PancakeSwap exchange here: https://pancakeswap.finance/swap?outputCurrency=0x1ACbC7d9C40Aa8955281ae29B581bCF002EeB4F4
In my opinion, it is easier to buy on Dextools, but it is a matter of habit.
Again, pay attention to the slippage, it should be 10%.
Interestingly, Pancakeswap sometimes shows a price chart on the left, and sometimes not. So don’t worry if the chart doesn’t load, it's normal.
Remember, it's best to make purchases with BNB.
You can also buy FOUND with another asset, but then the exchange will show the path at the bottom that our token will take to be exchanged for FOUND.
For example, I chose BasketCoin (BSKT) and at the bottom I see that the exchange will first convert it to BNB, and then to FOUND.
So if you don't have BNB, just USDT for example, you can still buy FOUND this way.
You can also withdraw FOUND from here, from the ccFound platform, if you have our tokens and have not pledged them before.
Once you have FOUND in your wallet, we proceed to the following steps.
STEP 1: We will provide liquidity to the FOUND-BNB currency pair. The easiest way is to go directly to the link https://pancakeswap.finance/v2/add/BNB/0x1ACbC7d9C40Aa8955281ae29B581bCF002EeB4F4
You can also do it on your own - on PancakeSwap select "liquidity" in the menu and click at the bottom on "add liquidity."
To do this, you need to have PancakeSwap connected to your MetaMask (or similar) wallet.
Then you will need to select the FOUND token from the list. If the FOUND token is not displayed there, you need to go to "manage tokens" at the bottom and add our contract address in the "tokens" tab, which is "0x1ACbC7d9C40Aa8955281ae29B581bCF002EeB4F4."
Add the same address in MetaMask if your wallet does not display your FOUND tokens.
In summary, most people will prefer to use the link above, as it is the simplest.
Notice that the V2 liquidity pool is already selected there. That's the pool we will use.
STEP 2: Then you select how many FOUND tokens you want to add to the liquidity pool.
You can select, for example, 50% (half of your wallet) or MAX (entire wallet).
The system will automatically calculate how many tokens should be on the other side, so if you entered FOUND, it will give you their equivalent value in BNB. And vice versa.
Addendum: it may happen that PancakeSwap automatically selects "WBNB," which is wrapped BNB. It is equivalent to 1:1 BNB. Just select regular BNB from the list, unless you already have wrapped BNB in your wallet, then you can use it too.
If you enter too large of an amount, PancakeSwap will inform you that you have insufficient balance. So you must have both BNB and FOUND in the wallet you are using.
STEP 3: Signing the transaction to add liquidity.
Then you need to go through a simple "Enable FOUND" transaction, which allows the exchange to use your funds. It's just a formality, but sometimes the transaction doesn't go through. In that case, simply try again without changing anything.
STEP 4: Adding liquidity.
Now you should be able to press the "Add" button, which will result in adding liquidity. This requires accepting another transaction.
STEP 5: Check your liquidity pool and how much you will earn from it.
On the PancakeSwap website, you will then see a confirmation with the button "Add Cake-LP to Wallet." You can, but do not have to, use this. This token is already in your wallet, even if invisible, and besides, you need to go to PancakeSwap in the "liquidity" tab, which will automatically show you your liquidity pools. Voila!
This token is called "Cake-LP" for each currency pair, but again, it's just a formality. In practice, each currency pair gets a "Cake-LP" with a different address, and when you enter PancakeSwap, you will see specifically which liquidity pool you own.
PancakeSwap will also show you the estimated interest rate (i.e., how much you will earn) for the added liquidity pool. In my case, it is now an incredible amount APR = 187%.
It is worth noting that the larger the liquidity and the more stable the token, the more this value will gradually decrease and eventually stabilize.
PancakeSwap also informs me what percentage of the liquidity pool I own. Currently, it is 7.5%, but I plan to buy more FOUND tokens and add them.
Unfortunately, I can no longer use the FOUND I had on our ccFound.com platform because I staked all of them for 12 months, as I showed you here: https://ccfound.com/pl/articles/11543
Feel free to add liquidity to the FOUND-BNB pool.
REWARD Preview: soon we will enable staking of tokens representing the liquidity pool.
For those who participate in this promotion, we offer up to 10 million FOUND tokens as a reward.
These will be distributed over 100 days proportionally based on the liquidity added to our currency pair.
Just now I added liquidity to the FOUND token (as a private individual). So I will be participating in the profits from the sell tax incurred by the sellers and buyers in the transaction. I will show you how you can do it too and how much you can earn on it.
STEP 0: Buy FOUND tokens or withdraw them from the ccFound platform.
Remember that you can check the current price of the FOUND token at: https://www.dextools.io/app/en/bnb/pair-explorer/0x474ae4a9cbd4385c0a32d73db0dad47790dd6a34?t=1713872838831
You can also make purchases in the DEXswap section on the left side. If you do not yet have FOUND tokens, you can buy them here.
Important: slippage should be set on auto, or manually at 10.
Important - if there is a problem loading the assets in this section, try opening the page in a different browser, or clearing cookies, or opening a new window in incognito mode.
Also, remember that the token price depends on all of us. The company creating ccFound added as much liquidity as they could at the beginning - 50,000 USD - and as expected, the initial investors dumped tokens.
That's why liquidity is now lower, because it automatically recalculates - the value of BNB left in the pool and the value of FOUND at the current price.
Now our common goal is to gradually build the value of the FOUND token.
Its price depends on each of us, on whether we will buy or sell. There is no magic method like getting listed on Binance (many of you ask about it), because getting listed - for example - on Binance costs MILLIONS of dollars and requires additional millions of dollars in added liquidity.
We have to reach this stage together, starting from being a small token, and gradually becoming bigger.
We will not achieve this without the community, so I invite you to all play on one team!
Remember that the FOUND coin is on the BSC network (Binance Smart Chain), and on this network we buy and send it.
You can buy FOUND directly on the PancakeSwap exchange here: https://pancakeswap.finance/swap?outputCurrency=0x1ACbC7d9C40Aa8955281ae29B581bCF002EeB4F4
In my opinion, it is easier to buy on Dextools, but it is a matter of habit.
Again, pay attention to the slippage, it should be 10%.
Interestingly, Pancakeswap sometimes shows a price chart on the left, and sometimes not. So don’t worry if the chart doesn’t load, it's normal.
Remember, it's best to make purchases with BNB.
You can also buy FOUND with another asset, but then the exchange will show the path at the bottom that our token will take to be exchanged for FOUND.
For example, I chose BasketCoin (BSKT) and at the bottom I see that the exchange will first convert it to BNB, and then to FOUND.
So if you don't have BNB, just USDT for example, you can still buy FOUND this way.
You can also withdraw FOUND from here, from the ccFound platform, if you have our tokens and have not pledged them before.
Once you have FOUND in your wallet, we proceed to the following steps.
STEP 1: We will provide liquidity to the FOUND-BNB currency pair. The easiest way is to go directly to the link https://pancakeswap.finance/v2/add/BNB/0x1ACbC7d9C40Aa8955281ae29B581bCF002EeB4F4
You can also do it on your own - on PancakeSwap select "liquidity" in the menu and click at the bottom on "add liquidity."
To do this, you need to have PancakeSwap connected to your MetaMask (or similar) wallet.
Then you will need to select the FOUND token from the list. If the FOUND token is not displayed there, you need to go to "manage tokens" at the bottom and add our contract address in the "tokens" tab, which is "0x1ACbC7d9C40Aa8955281ae29B581bCF002EeB4F4."
Add the same address in MetaMask if your wallet does not display your FOUND tokens.
In summary, most people will prefer to use the link above, as it is the simplest.
Notice that the V2 liquidity pool is already selected there. That's the pool we will use.
STEP 2: Then you select how many FOUND tokens you want to add to the liquidity pool.
You can select, for example, 50% (half of your wallet) or MAX (entire wallet).
The system will automatically calculate how many tokens should be on the other side, so if you entered FOUND, it will give you their equivalent value in BNB. And vice versa.
Addendum: it may happen that PancakeSwap automatically selects "WBNB," which is wrapped BNB. It is equivalent to 1:1 BNB. Just select regular BNB from the list, unless you already have wrapped BNB in your wallet, then you can use it too.
If you enter too large of an amount, PancakeSwap will inform you that you have insufficient balance. So you must have both BNB and FOUND in the wallet you are using.
STEP 3: Signing the transaction to add liquidity.
Then you need to go through a simple "Enable FOUND" transaction, which allows the exchange to use your funds. It's just a formality, but sometimes the transaction doesn't go through. In that case, simply try again without changing anything.
STEP 4: Adding liquidity.
Now you should be able to press the "Add" button, which will result in adding liquidity. This requires accepting another transaction.
STEP 5: Check your liquidity pool and how much you will earn from it.
On the PancakeSwap website, you will then see a confirmation with the button "Add Cake-LP to Wallet." You can, but do not have to, use this. This token is already in your wallet, even if invisible, and besides, you need to go to PancakeSwap in the "liquidity" tab, which will automatically show you your liquidity pools. Voila!
This token is called "Cake-LP" for each currency pair, but again, it's just a formality. In practice, each currency pair gets a "Cake-LP" with a different address, and when you enter PancakeSwap, you will see specifically which liquidity pool you own.
PancakeSwap will also show you the estimated interest rate (i.e., how much you will earn) for the added liquidity pool. In my case, it is now an incredible amount APR = 187%.
It is worth noting that the larger the liquidity and the more stable the token, the more this value will gradually decrease and eventually stabilize.
PancakeSwap also informs me what percentage of the liquidity pool I own. Currently, it is 7.5%, but I plan to buy more FOUND tokens and add them.
Unfortunately, I can no longer use the FOUND I had on our ccFound.com platform because I staked all of them for 12 months, as I showed you here: https://ccfound.com/pl/articles/11543
Feel free to add liquidity to the FOUND-BNB pool.
REWARD Preview: soon we will enable staking of tokens representing the liquidity pool.
For those who participate in this promotion, we offer up to 10 million FOUND tokens as a reward.
These will be distributed over 100 days proportionally based on the liquidity added to our currency pair.
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