CREDIT-FANTOM Spooky Pool
To supply liquidity in the CREDIT-FTM Spooky pool, users must supply equal value parts of CREDIT and FTM in Spooky Swap to receive Liquidity Provider (LP) tokens that can then be deposited in the CREDIT-FTM pool on the Creditum site to farm CREDIT.
Note that users are subject to impermanent loss when supplying liquidity in this pool, so proper risk management is recommended.
Step-by-step guide to supply liquidity in the CREDIT-FTM Spooky Pool:
  • User accesses the following link to Spooky Swap, also available under the CREDIT-FTM Spooky pool on the Farm page: https://spookyswap.finance/add/0x77128DFdD0ac859B33F44050c6fa272F34872B5E/FTM
  • User supplies equal value parts of CREDIT and FTM. Note that Spooky Swap will automatically determine how much FTM will need to be provided given the amount of CREDIT entered (and vice versa) based on the up-to-date exchange rate between CREDIT and FTM. In this example, the user enters 1 CREDIT token, so Spooky Swap automatically enters 1.66843 for FTM given the current exchange rate between CREDIT and FTM of 1 CREDIT = 1.66843 FTM (conversely, 1 FTM = 0.59936 CREDIT)
Supplying Equal Value Parts of CREDIT and FTM
  • User clicks on "Supply" and approves the transaction on his/her respective wallet to receive his/her corresponding LP tokens. The LP tokens will be shown under the "My Potions" tab of the Spooky Swap, where the user can also withdraw his/her LP tokens to receive CREDIT and FTM back
"My Potions" Tab on Spooky Swap
  • On the Farm page in Creditum's site, the user clicks on "CREDIT-FTM" and enters the amount of LP tokens he/she wants to deposit and clicks on "Add"
  • User approves the transaction on his/her respective wallet
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