W Swap User Guide

Tags: , , , , , , , ,
About W Swap

W Swap is a cutting-edge decentralized exchange (DEX) designed to empower seamless, low-cost, and secure cryptocurrency trading. Built on the W Chain ecosystem, W Swap provides lightning-fast transactions, deep liquidity, and a user-friendly experience for traders, developers, and institutions alike.

As a fork of the popular Uniswap V2 protocol, it offers reliable token swapping and liquidity provision. What sets W Swap apart is its native cross-chain bridge, allowing you to move assets between W Chain and other supported blockchains directly from the exchange interface.

Getting Started with W Swap
  • Hit Get Started then Connect Wallet 
    • Ensure you have your preferred browser wallet installed (Metamask, Rabby etc.) 
    • Ensure you have W Chain set up in your wallet.  
    • If not, check this guide on how to add W Chain as a custom network 
  • Follow the prompts in your wallet to approve the connection. Ensure your wallet is set to the W Chain network. 
How to Swap Tokens

Choose the token you want to swap from (e.g., WCO) in the “From” field and the token you want to receive (e.g., WAVE) in the “To” field. 

Input the amount of the “From” token you wish to swap. The “To” amount will automatically calculate based on current prices. 

Check the price impact, minimum received amount, and liquidity provider fee. 

Approve Token (First Time Only): If you haven’t swapped this specific token before, you’ll need to click “Approve” and confirm the transaction in your wallet. This allows W Swap to interact with your tokens. 

Confirm Swap: Click “Swap” and then “Confirm Swap” to proceed. Your tokens will be in your wallet within seconds! 

Once the transaction is submitted, you can view it on W Scan. 

Transaction will then be submitted. Bridging usually takes <1 minute. In this case, 50 USDT is now on W Chain. 

How to Provide Liquidity on W Swap to Earn Fees and LP Tokens

Becoming a liquidity provider (LP) allows you to earn a share of the trading fees from every swap in your chosen pool. 

  • Connect your wallet. 
  • Select “Add Liquidity.” 
  • Select the token pair you want to provide liquidity for (e.g., WCO/USDT). You’ll need an equivalent value of both tokens. 
  • Approve Token (First Time Only): If you haven’t swapped this specific token before, you’ll need to click “Approve” and confirm the transaction in your wallet. This allows W Swap to iteract with your tokens. 
  • Enter Amounts: Input the amount of one token, and the other will auto-fill. 
  • Approve both tokens (if new to the pool), then click “Supply” and confirm the transaction. 
  • You will receive LP (Liquidity Provider) tokens, representing your stake in the pool and your share of the 0.3% trading fees. 
Video Tutorial