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Table of contents What is a liquidity pool? What is the purpose and function of providing liquidity to a decentralized exchange? What are the rewards for providing liquidity to Verse DEX? Is there a minimum amount required to contribute to liquidity pools on Verse DEX and earn yield? How to contribute to liquidity pools on Verse DEX and earn yield - In the app - On the web What is a liquidity pool token? What is impermanent loss? What is a liquidity pool?A liquidity pool is a collection of cryptocurrencies or digital assets that help facilitate more efficient financial transactions such as swapping, lending, and earning yield。The network translates between the two。com/onramper/。Then you can start using Polygon’s great ecosystem of DApps。com Team is hard at work integrating other low-fee blockchains that have fast confirmation times。If you have any questions and are using the Bitcoin。What are the rewards for Verse Staking?At the time of writing, Verse Staking rewards were ~30% APY paid in tBTC。In networks like Ethereum, where smart contracts are executed, more complex operations consume more computational resources, and thus require higher fees。If you run out of margin, your position will be automatically liquidated, along with a liquidation fee。You’re done!Please see an instructional video here If you don’t already have the Bitcoin。So, let’s change the receiving wallet to “Long-term holdings” (to learn how to create new wallets, please see this tutorial)。Tap Sign to sign the transaction5。What payment methods can I withdraw my MoonPay balance with?Currently, we support the following payment methods:EEA countries:SEPA bank transferSEPA InstantOpen bankingUK:Open bankingFaster PaymentsUS:ACH TransferPayPalVenmo How can I see all my MoonPay Balance activity?You can see your MoonPay Balance at any time by accessing the MoonPay widget。For example, you can swap between USDC on Avalanche and fxVERSE on Polygon。com Wallet app。com" screen, tap "Sign in with Apple"。We do not recommend using Verse Explorer to connect to web3 products outside of the Verse Ecosystem。This will open up the Asset view。(If you want to move your Bitcoins between your wallets, select 'My wallets' in the 'Send' section of your app, select "My Wallets" and then tap the wallet where you want to move the funds from your other wallets。This value is equity x max leverage, so buying power changes depending on the market。io/home) and connect your Bitcoin。com Wallet app, then enter your backup password/recovery phrase(s)。This will bring up that wallet's transaction history。NXM is used to purchase insurance coverage and participate in governance。This means you can still receive payments to all previously generated addresses。Summary A 12-word recovery phrase lets you recover your funds if you lose access to your device。Copy and paste the recipient's wallet address into your wallet app。From the dropdown select which type of wallet you are trying to add, select Bitcoin Cash for BCH and Bitcoin for BTC。Within a category they offer different specific instances。The patch, however, may not yet be available in all regions。If demand exceeds supply, the price goes up, and vice versa。While the MoonPay Balance is the best way to pay, it’s not the only way to pay。Select “Show QR code”Open your Bitcoin。In your mobile browser, head over to https://verse。Please be aware that Bitcoin。What should I do?The Bitcoin。The default BTC network fee in the Bitcoin。Use your deposited cryptoassets as collateral for a loan。Every time you make a cryptocurrency transaction, it's sent out to the network。Import Your Wallet: - Click on “I already have a Seed。Press the Buy button to confirm the details of your purchase。Select the payment currency and network (eg。com Wallet app: Home screen > Verse Explorer > Verse ScratcherGet boosts for claiming Lunar New Year Scratcher scratch & win tickets: When you claim a Lunar New Year Scratcher scratch & win prize, you will receive a one-time bonus based on your prize amount。When you’ve decided on an asset to borrow, click the “Borrow” button。Select the cryptocurrency you wish to buy and enter the amount you want to spend。com Wallet to the marketplace by pressing the hamburger menu button in the top right corner, then tap the “Connect Wallet” button。com does not store your password or secret phrases! If you lose access to your device, the only way to access your funds is with your password / secret phrase。The time it takes for a transaction to get confirmed depends on the network congestion and transaction fees。And that's it! Now you can send and receive crypto via any messaging app。Read more here about why you need to verify your identity。If you have any questions and are using the Bitcoin。My ETH Wallet)。However, it can take up to 3 business days to be reflected in your bank account。com Wallet app。This pushes up the price of token A。(Please refer to the identity verification FAQ page for more information on registering your payment method。Is there a minimum amount of VERSE tokens required to initiate a burn?Yes。Press the Buy BTC button to confirm the details of your purchase。If you are new to the idea of lending or borrowing, please read the following article: What is crypto lending? To borrow, you’ll first need to deposit funds into the protocol。You also have the option to adjust the network fee on the this screen。com Verse ecosystem, join the exclusive Verse Lounge, and much more! Explore Bitcoin。You will receive an email at the address you registered with MoonPay, with instructions to verify your card using one or both of the following methods:Card verification via selfie: You’ll need to upload a photo of yourself holding your card, showing the first 6 and last 4 digits of your card number (with the middle digits hidden)。5 million monthly readers, a wide range of educational resources, and 24-hour human support, VERSE supercharges Bitcoin。When Alice sends the BNB, 1。eth, Jane@wallet, etc。UK Bank AccountEuropean BankUS Bank AccountWithdrawals to CardsWithin 1 working dayWithin 1-3 working daysWithin 3-5 working daysMastercard/VISA Fast Funds card: Within 30 minutes。Here the use cases range from borrowing and lending, to financial derivatives and more。How long does a top up take?PayPal and Venmo top-ups are typically credited to your account within a few minutes。com Wallet app。Contributors to liquidity pools must deposit equal amounts of two assets, exposing these market participants to the risk of impermanent loss。If you are new to the idea of lending or borrowing, please read the following article: What is crypto lending? Introduction to AaveAave, a leading DeFi DApp, exists on multiple chains, including Ethereum and Avalanche。After you have purchased a ticket, you can either gift it to a friend or scratch the numbers yourself to reveal your prize。The base fee can go as low as 25 nAVAX and has no upper bound。By clicking this you can see the Bitcoin wallet addresses associated with each transaction。Note the status of the transaction in the block explorer。com nor anyone else) holds the password/recovery phrase(s)。If you’re looking for even more volatility, you could trade into one of the many tokens supported in the Bitcoin。If so, add the following RPC details in your wallet:Network Name: VERSE private RPC New RPC URL: https://eth。When should I claim my VERSE ?If you’re not planning on selling your VERSE or using it to add liquidity to the Verse DEX, for most people there’s no reason to claim。To do this, tap on the "Funds" tab, scroll down, and select "Add new personal wallet。For email support, please reach out to [email protected]。Pending transactions on EthereumPending transactions are those that haven’t yet been processed by the Ethereum network。Press the “Swap” icon: This will open up a Swap view。If you’ve already written it down, you’ll be able to recover your wallet。Is there a penalty for withdrawing my staked USDC?There is no penalty for simply withdrawing your staked USDC and you can withdraw it instantly。com wallet app, simply tap "Settings," then "Help & Support," and select "Speak with a support agent。com Wallet button。Hit the "VERSE Staking" then "CLAIM REWARDS" buttons。"Select Bitcoin Cash as the asset to send。Summary If you lose or damage your device, you can regain access to your cryptocurrency wallets by using your automatic backup master password or by inputting your manual backup recovery phrases (12-word seed phrases)。Certain types of transactions also require a higher fee。” If you are unfamiliar with those terms, you can read about it by tapping, “Reading more” beneath each category。Select the cryptocurrency you wish to purchase。Read the next article in the series: Bitcoin。If you use these assets as collateral and the value of those assets rapidly depreciates, you can be liquidated before you can add more collateral。Please see our tutorials on: BuyingSellingSendingReceivingAdvanced users also have the option to directly interact with Decentralized Apps(DApps) on the Polygon network (via WalletConnect)。Once approved, tap on “Order a Physical Card” to begin the order process。Depending on your bank, it may take one to two business days for the funds to flow between banks and enter the service provider’s system。Using your primary device (device 1), tap on the BTC wallet you want to export。People who put their assets in liquidity pools earn rewards on their deposits