LP staking mining

I.About LP staking mining

LP staking mining is a high-yield product provided by CoinWind for liquidity mining users.

Liquidity Pool (LP) mining is a high-yield product provided by CoinWind. Users can provide the liquidity of a token pair in the corresponding DEX. The DEX issues LP Token to the user. Then, the user can deposit their LP Tokens into CoinWind corresponding project to obtain revenue, and the generated revenue will be reinvested every 5–10 minutes to bring users higher revenues.

Advantages

Fast and simple

The contract automatically reinvests on a regular basis according to the strategy suggested, thereby simplifying operations for users. Transaction fees generated by reinvestment will be paid by the platform, saving the user's expenditure (the low cost is more obvious for the BNB project on BSC);

The income from deposit and withdrawal is automatically collected, and the compound interest income will be higher;
Single token revenues avoid impermanent loss.

II. The wallet H5 mining

This tutorial is based on Tokenpocket wallet in the HECO public chain (the operation is the same for BSC & ETH).

2.1 Open CoinWind link

Find CoinWind in the discovery page, or direct access it in your browser at www.coinwind.pro

2.2 Add liquidity

Go to DEX to add liquidity: select the LP staking mining project you want to participate in and go to the corresponding DEX to add liquidity.

Take MDX-USDT project of MDEX platform as an example. Click "Add Liquidity"

Enter the corresponding MDX and USDT quantity, click "Supply" button.

Click "Confirm Supply" to confirm again.

Enter the transaction fee and click "Confirm".

Complete adding liquidity.

2.3 Mining

2.3.1 Wallet Authorization

To participate in a new project you need to authorize your wallet first. Click the "authorization" button to confirm, and deposit after successful authorization.

2.3.2 Deposit

Enter the quantity and click "deposit", pay the transaction fee and completes depositing.

Submit after confirming the miner fee

Successful recharge

2.3.3 Withdraw

Select the project, click "withdraw".

Withdraw your earnings or principal

In LP staking mining, to ensure that users can maximize their earnings, depositing and withdrawing part of the principal will not trigger the earnings transfer. You need to withdraw the earnings manually or withdraw all your principal to transfer your revenues.

Confirm transaction fee

Gas Price: generally 1 for HECO and a minimum of 5 for BSC; if the network is congested, the price will be higher.

Gas Limit: choose the default value; the value by default is relatively high to ensure that the transaction can be successful. The actual consumption prevails.

Withdraw Successfully

2.4 Remove Liquidity

If the user no longer wants to participate in the LP mining, the liquidity can be removed from the corresponding DEX, as follows:

Open the DEX website or directly click the Add Liquidity of the corresponding project

Enter the page and switch to "Your Liquidity" to view your personal liquidity funds, click "Remove" and then confirm.

If the liquidity is not shown, you can manually import it.

III. LP Mining Process - WEB

This tutorial takes HECO public chain operation as an example, BSC public chain will be the same

3.1 Add Liquidity

Go to a DEX to add liquidity: select the LP pledge mining project you want to participate in, and add liquidity to the corresponding DEX;
Take the MDX-USDT project on the MDEX platform as an example, go to Pool and click to Add Liquidity
Enter the corresponding amount of MDX and USDT, click the Supply button

Click the Confirm Supply button to confirm again;

Enter the miner fee and click confirm;

Enter the miner fee and click confirm;

Adding liquidity Successfully

3.2 Participate in mining

3.2.1 Connect wallet

If the wallet is not connected, please refer to the wallet tutorial on creating a wallet

3.2.2 Wallet authorization

• Participating in a new project requires authorization first, click the authorization button to confirm, and deposit after successful authorization

3.2.3 Deposit

• Enter the quantity and click deposit

Submit after confirming the miner fee

Withdraw profit or stakings

3.2.4 Withdraw

Select the project, click on Withdraw

Withdraw profit or stakings

In LP mining, in order to ensure that users can maximize their income, deposit and withdrawal will not trigger income transfer, and manual withdrawal is required.

Confirm miner fees

Gas Price：HECO is generally 1 and the minimum BSC is 5; if the network is congested, you need to give more；

Gas Limit：Just press the default value; this value is to ensure that the transaction can be successfully given relatively high, and ultimately subject to the actual consumption on the chain。