Remove liquidity
(Created page with "'''remove liquidity''' is a command that removes liquidity from a liquidity pool on a decentralized exchange (DEX). In decentralized finance (DeFi), liquidity providers (LPs)...") |
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| − | '''remove liquidity''' is a command that | + | '''remove liquidity''' is a command that allows you to withdraw your contribution from a liquidity pool on a decentralized exchange. |
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== Parameters == | == Parameters == | ||
| − | '''Exchange:''' The decentralized exchange | + | '''Exchange:''' The decentralized exchange where the liquidity pool resides. |
| − | '''Token A ID:''' The | + | '''Token A ID''' and '''Token B ID:''' The pair of tokens involved in the liquidity pool from which you want to remove liquidity. These can either be the token symbol or the contract address. |
| − | ''' | + | '''Amount:''' The amount of the liquidity tokens that you want to remove from the liquidity pool. |
| − | + | '''Transaction Info Variable:''' (optional) The variable to store the transaction details after the liquidity is removed. The default is '''#txinfo'''. | |
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| − | '''Transaction Info Variable:''' ( | + | |
== Example == | == Example == | ||
<pre> | <pre> | ||
| − | remove liquidity(" | + | ui console view |
| + | config defi wallet("your private key") | ||
| + | remove liquidity("PancakeSwap", "ETH", "DAI", "1", '#txinfo') | ||
| + | log object(#txinfo) | ||
</pre> | </pre> | ||
| − | + | Please replace "your private key" with your actual DeFi wallet's private key. | |
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| − | + | Be mindful when you are handling your private key. It's a sensitive piece of data that allows full control over your funds in your DeFi wallet. Therefore, never share this key publicly or with anyone. | |
| − | + | The script above removes liquidity from the ETH-DAI pool on PancakeSwap, giving you its value in the underlying tokens. It then logs the transaction details to the console. | |
| − | + | Note that this script assumes that you have the required liquidity tokens invested in the defi exchange. It also assumes you have enough of the native token to pay gas fees. | |
Latest revision as of 02:05, 5 July 2023
remove liquidity is a command that allows you to withdraw your contribution from a liquidity pool on a decentralized exchange.
[edit] Parameters
Exchange: The decentralized exchange where the liquidity pool resides.
Token A ID and Token B ID: The pair of tokens involved in the liquidity pool from which you want to remove liquidity. These can either be the token symbol or the contract address.
Amount: The amount of the liquidity tokens that you want to remove from the liquidity pool.
Transaction Info Variable: (optional) The variable to store the transaction details after the liquidity is removed. The default is #txinfo.
[edit] Example
ui console view
config defi wallet("your private key")
remove liquidity("PancakeSwap", "ETH", "DAI", "1", '#txinfo')
log object(#txinfo)
Please replace "your private key" with your actual DeFi wallet's private key.
Be mindful when you are handling your private key. It's a sensitive piece of data that allows full control over your funds in your DeFi wallet. Therefore, never share this key publicly or with anyone.
The script above removes liquidity from the ETH-DAI pool on PancakeSwap, giving you its value in the underlying tokens. It then logs the transaction details to the console.
Note that this script assumes that you have the required liquidity tokens invested in the defi exchange. It also assumes you have enough of the native token to pay gas fees.
