Poppers Fuel PancakeSwap Liquidity Pool to Unlock Greater $PPT Earnings
Pop Social announces $PPT Liquidity Pools on PancakeSwap, Poppers can contribute for a greater PPT earning boost.
Pop Social's native token $PPT runs the Pop Social Ecosystem. It is the crucial element that runs our platform like a well-oiled machine. Not only is it an essential asset to keeping things flowing smoothly on the technical side, but it is also the fuel that rewards and keeps our community happy. Some would even go as far as to say $PPT is the love language between the Pop Team and our beloved Poppers!
So far, the Pop Team has given our Poppers many options for earning and multiplying their $PPT earning within the Pop Social Ecosystem. Our latest PancakeSwap Liquidity Pool announcement is another fun way for all Poppers to earn more $PPT via the Pop Social Ecosystem.
Bringing Liquidity Pools (LPs) To Poppers
We are on a mission of onboarding the next billion users to Web3. This means educating the general masses on Web3 matters. For the unfamiliar, the Web3 space can be overwhelming and Pop Social will simplify this part of your journey by abstracting the heavy technicalities of the Web3 world.
Our latest announcement will reward $PPT holders for contributing to the $PPT Liquidity Pools on PancakeSwap. We are thrilled to be working alongside a popular DEX like PancakeSwap and look forward to ushering in more activity for $PPT and strengthening trading options via Liquidity Pools. Let's dive into what that means for you dear Poppers.
Understanding Liquidity Pools
Those new to Web3 may have a small inkling of what Liquidity Pools do. Simply put, it is a great way to put your idle crypto assets to work and earn more crypto in return. In detail, a liquidity pool is a smart contract that contains the reserve of two or more cryptocurrency tokens in a decentralized exchange (DEX).
To compare Liquidity Pools to traditional finance, it works as order book trading. Thus, Liquidity Pools are funded by users, AKA liquidity providers, who earn tokens in exchange for offering liquidity. In our case, PancakeSwap is the DEX, and you dear Popper, are one of the liquidity providers, and your $PPT contribution becomes liquidity. Of course, other non-Poppers will also be providing liquidity directly on PancakeSwap. Thus, when many liquidity providers come together to provide liquidity, Liquidity Pools grow.
Like any other Liquidity Pool, you will be rewarded for your contribution. When providing greater liquidity, more of the fees from trading are sent to the user. The Liquidity Pairing in question is PPT-USDT. To fuel this pool, both assets must be provided by liquidity providers. So Poppers put your USDT and PPT to work and in return, you will earn from the Liquidity Pool fees for providing liquidity on PancakeSwap. The more liquidity you provide and the longer you provide, the more you gain in return.By providing liquidity to PancakeSwap, you are boosting decentralized trading potential for $PPT. So let's put your idle tokens to work Poppers, and you can reap more $PPT rewards!
Get Started on PancakeSwap
PancakeSwap is a popular and revered decentralized exchange. While DEXs offer more privacy and greater control over your funds, it also eliminates the need for intermediaries. So make sure to stay highly vigilant as you trade on the platform.
The decentralized nature of DEXs also brings you more anonymity, higher security, and lower cost fees. To get started on PancakeSwap, all you need is a BNB Chain wallet. Once you've connected that, here's how you can provide liquidity.
- Go to PancakeSwap's Liquidity page
- Click the 'Add Liquidity' button
- Click 'Select a Token' to choose which pair you'd like to provide liquidity to
- Click 'Select a Token' and choose $PPT to complete the liquidity pair
- Enter the amount on one of the tokens, likely $PPT, and the other should be automatically calculated
- Click 'Supply' then click 'Confirm'
Join the $PPT Liquidity Pool Party
To celebrate our PancakeSwap Liquidity Pool announcement, we're hosting a short contest to reward the first wave of liquidity-providing Poppers! Between March 2 to March 16, 2024, 10 Poppers can win from a 3000 $PPT prize pool.
Requirements:
- Give 500 $PPT minimum to the PancakeSwap Liquidity Pool
- Retweet LP post + like + tag 2 friends
- Download the Pop DApp
Good luck Poppers! We wish you $PPT abundance as we sail into the next exciting phase of our journey together. As always, thank you for your continued dedication to our project, and stay tuned for more exciting announcements!
PancakeSwap: https://pancakeswap.finance/swap
$PPT BNB Chain Token Address: 0xDf061250302E5cCae091B18CA2B45914D785F214
PPT/USDT Trading Pair: 0x12a1442d65bb506e32ff5f64f53da14edf79ec97
Download the Pop DApp: