Remove liquidity

remove liquidity is a command that allows you to withdraw your contribution from a liquidity pool on a decentralized exchange.

This command is useful for users who previously added liquidity to a pool on protocols like Uniswap or PancakeSwap, and now wish to remove their contribution.

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.

Example

config defi wallet("your private key")
remove liquidity("PancakeSwap", "ETH", "DAI", "1", '#txid')
log object(#txid)

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, removing 1 ETH and its equivalent amount of DAI based on the current pool ratios. It then logs the transaction details to the console.

Note that this script assumes that you have the required liquidity tokens in your wallet.

Always remember to double-check your input values before removing liquidity, as all transactions on the blockchain are irreversible.