💲Selling Liquidity
Last updated
Last updated
If developers do not want to wait for their liquidity to unlock after their project dies or ends, they can use the Liquify platform to sell their locked liquidity. As such, they can make a 'Listing' on our platform, with which they offer their locked liquidity at a certain discount, to unlock their value earlier. To make a listing and sell your liquidity on our platform, developers can take the following steps. Please note that, as of 7 May 2024, we only accept Ethereum LP listings on UniCrypt. Shortly after launch, we will add compatibality to other platforms (i.e. Team Finance) and other Cryptocurrency chains (i.e. BNB Smartchain). To start selling locked liquidity, simply press 'Sell Liquidity' from the landing website or navigate directly to the specific page. From here, you are presented with below menu. Before you can make a listing, make sure to connect the wallet that owns the Liquidity. You can do this by selecting 'Connect Wallet' and following the simple steps in MetaMask. Once your wallet is connected, you can start filling out the form below. For LP/Pair address, add the 'Pair' Address (not the Contract Address). For Lock ID, add the ID given by UniCrypt or any other platform. If unsure, simply input '0'. Lastly, add the price you want for your locked liquidity. Note that it's common to give a discount compared to the current LP value. Once done, simply press the 'Create Listing' button and follow the steps/confirmations in MetaMask.
After finalizing, your listing will show up in the Marketplace, which can be accessed from the homescreen. Your listing will show up in a similar way as below example. To cancel your listing, simply head over to the 'My Listings' page and selecting 'View Details' on your own listing. From here, you can cancel your listing.