Learn with Alium Network
Learn with Alium Network: Liquidity migration is an ideal approach for retail consumers to generate extra money.
Crypto swapping is a more effective means of obtaining the currency you want immediately. AliumSwap will make this option available to its consumers to make trading as simple as feasible. It brings DeFi solutions to the market. Multi-chain DEX, hybrid liquidity feature, cross-chain swaps, unique staking alternatives and NFTs. AliumSwap simplifies your job and makes you less reliant on rates.
Starting from the 29th of July, 2021, product development team was delighted to announce the ‘Liquidity Migration’ function on the platform. Learn with Alium Network, An excellent question to ask is, “What is liquidity migration?”
AliumSwap provides a migrator mission for your position, allowing your assets to be transferring from one protocol to another in a single transaction. In a nutshell, the migrator function eliminates additional essential transactions, allowing the procedure to be completing in a single step.
The introduction of the given function on the AliumSwap is needed to allow users to easily transfer their liquidity from other DEXs to AliumSwap with a greater degree of convenience and profitability.
Here is the list of supported DEXes on AliumSwap:
BNB Chain: Pancakeswap, Bakeryswap, Biswap, MDEX, Pantherswap, Apeswap
Polygon Chain: Quickswap, CatFactory, Honeyswap, Firebird Finance, Dfyn Network, Polycat finance
Ethereum: Uniswap V2, Sushiswap
HECO: MDEX
Fantom: Spirit Swap, Spookyswap
Metis Andromeda: Netswap, Tethys.finance
Near Aurora: dodoex.io, NearPad
Moonriver: SushiSwap
Moonbeam: BeamSwap
OKC: KSwap
Before you will start to migrate your liquidity, you need to make sure that you have a pair in a liquidity pool on a supported DEX.
About AliumSwap
AliumSwap provides an all-in-one liquidity features platform to boost your experience while exchanging one coin or token for another. From earning passive income to liquidity migration, there are many possible investing and income opportunities for those interested.
SOURCE:
https://aliumswap.medium.com/learn-with-alium-liquidity-migration-how-to-use-it-ab1653ddf2f8
