How to Use DataDex

How to use DataDex for trading and providing liquidity

1. Setting Up Your Wallet

   • Use a compatible wallet like MetaMask, or WalletConnect.

   • Fund your wallet with VANA (for gas fees) and the token(s) you want to trade or provide liquidity for.

2. Accessing DataDex

   • Visit DataDesk (datadex.me)

3. Swapping Tokens

   1. Connect your wallet.

   2. Select the token you want to swap and the token you want to receive.

   3. Enter the amount of tokens.

   4. Review the estimated exchange rate and slippage tolerance.

   5. Approve the token for trading (if it's your first time).

   6. Confirm the swap and pay the gas fee.

4. Adding Liquidity

   • Navigate to the Pool tab.

   • Select the token pair you wish to provide liquidity for.

   • Choose a price range for your liquidity position.

   • Wider ranges require more capital but have less risk.

   • Narrow ranges require less capital but may generate higher returns.

   • Deposit the required tokens.

   • Approve the transaction and confirm it on your wallet.

5. Removing Liquidity

   1. Go to the Pool tab and find your position.

   2. Click Manage and select Remove Liquidity.

   3. Choose the percentage of your liquidity to remove.

   4. Confirm the transaction in your wallet.