Remove Liquidity
- 1.
- 2.Navigate to the “Liquidity” page. Under the "My Liquidity Positions" tab, select the Well from which you want to remove liquidity.
- 3.Select "Add/Rm Liquidity" then "Remove Liquidity".
- 4.Input the quantity of LP tokens you would like to remove.
- You can receive one token in the Well by selecting "Single Token" or both tokens by selecting "Multiple Tokens".
- If you select "Multiple Tokens", selecting "Claim in balanced proportion" will return an equal dollar value of each token.
- If you select "Single Token", or "Multiple Tokens" and do not "Claim in balanced proportion", your transaction will have a price impact on the Well.
- 5.A transaction preview including price impact can be viewed by expanding the "Expected Output" toggle.
- 6.You may select a slippage tolerance by selecting the gear icon under "Expected Output". The default slippage tolerance is 0.1%.
- 7.If you have previously approved the LP tokens, skip to Step 9. Otherwise, select “Approve [Token]”. This allows the Basin contract to spend the LP token, but does not remove liquidity yet.
- 8.Confirm the approval transaction in your wallet, and your hardware wallet, if applicable. You should verify that the transaction is interacting with the correct contract before signing it.
- 9.Select “Remove Liquidity”.
- 10.Confirm the transaction in your wallet and your hardware wallet, if applicable. You should verify that the transaction is interacting with the correct contract before signing it.
- 11.After the transaction has been confirmed by the network, your tokens will be in your wallet.
Last modified 2mo ago