LUXY Token— What’s next? Trade, Stake, Liquidity…

Luxy.io
4 min readNov 30, 2021

Buy LUXY

You can buy $LUXY with USDC on the Polygon Network on SushiSwap. This will go live on 01/12/2021 at 10am UTC. The contract address and link will be provided when the market is live.

Step 1: You will need to have some USDC on Polygon Mainnet!

Step 2: Head over to https://app.sushi.com/swap?outputCurrency=0xd4945a3d0de9923035521687d4bf18cc9b0c7c2a

Step 3: Connect your wallet to SushiSwap (make sure you have some MATIC to cover gas fees!).

Step 4: If this is your first time swapping LUXY and USDC in the Sushi Swap pool click “Approve” to enable the contract to spend these tokens.

Step 5: Input the amount of USDC you want to spend or click “Max,” then click “Swap.”

Step 6: Approve the transaction in your wallet and you’re all set to receive your LUXY tokens!

Provide Liquidity

NOTE: Providing liquidity using the LUXY website will be available shortly after the pool is created, but you can use https://app.sushi.com/swap?outputCurrency=0xd4945a3d0de9923035521687d4bf18cc9b0c7c2a to provide directly on SushiSwap!

Liquidity providers earn a 0.25% fee on all trades proportional to their share of the pool. Fees are added to the pool, accrue in real-time, and can be claimed by withdrawing your liquidity. We are using SushiSwap to provide liquidity, this means you will be able to see the official LUXY-USDC pool on our website and on SushiSwap!

Step 1: You can head to finance.luxy.io and enter the Liquidity Pool page or use the SushiSwap app to provide liquidity: https://app.sushi.com/swap?outputCurrency=0xd4945a3d0de9923035521687d4bf18cc9b0c7c2a

Step 2: Connect your wallet to LUXY or SushiSwap on Polygon Mainnet (Make sure you have some MATIC to cover gas fees!).

Step 3: Input the amount of LUXY or USDC you want to add to the pool (Please note that you need to have both tokens in your wallet and the two token amounts need to match each other in monetary value! e.g. LUXY $0.10 — USDC $1).

Step 4: If this is your first time providing liquidity with LUXY and USDC in the Sushi Swap pool click “Approve” to enable the contract to spend these tokens.

Step 5: Click “Confirm Adding Liquidity” and you’re all set!

You will receive LUXY-USDC SLP tokens which represent the shares of the total liquidity on the pool. You can check the pool share and represent by LUXY-USDC SLP in your wallet in this section:

If you would like to know more about Liquidity Pools you can check SushiSwap docs:

“Liquidity pools are a place to pool tokens (which we sometimes call liquidity) so that users can use them to make trades in a decentralized way. These pools are created by users and decentralized apps (or Dapps, for short) who want to profit from their usage. To pool liquidity, the amounts a user supplies must be equally divided between two coins: the primary token (sometimes called the quote token) and the base token (usually ETH or a stable coin).”

Join the Farm!

Note: Will be available shortly after the pool is created!

Step 1: Head over to finance.luxy.io and enter the farm page.

Step 2: Connect your wallet to LUXY on Polygon Mainnet(make sure you have some MATIC to cover gas fees!).

Step 3: If this is your first time staking LUXY-USDC SLP tokens click “Approve” to enable the contract to stake this token.

Step 4: Input the amount of LUXY-USDC SLP tokens you wish to stake or click “Max,” then click, you guessed it, “Stake.”

Step 5: Approve the transaction in your wallet and you’re all set!

Your staked tokens and available rewards will be displayed in this section:​​

Check your staked tokens and harvest the rewards at any time!

Till next time…

💗 Team LUXY

Connect with LUXY
Send your project here:
https://luxy.io/
Twitter:
https://twitter.com/Luxy_io
Telegram:
https://t.me/luxyio
Instagram:
https://www.instagram.com/luxy_nft/
Medium:
https://luxy-io.medium.com/
Discord:
discord.gg/luxy

About LUXY

LUXY is becoming the go-to NFT platform, established in March of 2021, and has evolved into a team of 15. Starting with a next-gen Marketplace that is designed to offer a new and much improved NFT experience. It is built to be multichain, starting with the Polygon blockchain allowing it to be fast, scalable, green, low cost, and user-friendly. Decentralization is the core of crypto, so at every step, our marketplace is built around that core concept.

LUXY will offer your standard marketplace features plus additional features curated over months of research. These will include support for; GameFi, 3D models, Collection Launchpad, User-owned Collections, Multiple Royalty Addresses for group projects, direct royalties, all file types, White Label Solutions, and UI/UX for ease of use.

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Luxy.io

The only #NFT Marketplace that is — Green , Scalable, Cheap, Fast! Check us out now: luxy.io