Earn 6.5% Monthly by Adding Liquidity for PTE

This guide will show you how to add to a PTE liquidity pool on Uniswap and earn 6.5% additional returns monthly

Providing liquidity to PTE pools on Uniswap pays users 6.5% monthly plus a 0.3% share of all trades made on PTE! These rewards can add up very quickly and earn you a lot of passive income. Try our rewards calculator to see how much you could be earning!

https://peetdecentralized.finance/

How do liquidity pools work?

A liquidity pool (LP) is a pair of assets held in a smart contract. The purpose of these LPs are to allow for decentralized. By adding to the pool of USDT and PTE you are allowing other users to trade those two assets. When a users comes to Uniswap to buy PTE with USDT the asset they buy PTE is withdrawn and the asset they spend USDT is added. Since the new ratio of USDT to PTE is higher, the price of PTE will increase from each trade.

For a more in depth explanation of LPs see:
https://defiprime.com/uniswap-liquidity-pools

To see how the price mechanism on Uniswap works see:
https://uniswap.org/faq/

PTE page on Uniswap:
https://info.uniswap.org/token/0x51bb9c623226ce781f4a54fc8f4a530a47142b6b

Uniswap is completely decentralized, you will always fully own and have control of your own funds. This is the beauty of a decentralized exchange. Instead of paying fees to the exchange owner, fees are collected and paid right to you.

How do I stake my PTE in the LP?

First you must hold PTE and the asset you wish to pool it with.

1. Head here to add to PTE liquidity on Uniswap https://app.uniswap.org/#/add/0x51bb9c623226ce781f4a54fc8f4a530a47142b6b/ETH
   Metamask, Trust Wallet, Coinbase Wallet, MEW, and others are all supported and should connect automatically. If not then click “Connect Wallet”
2. Now you can select the 2 assets you wish to pool. ETH is given as a default, keep it or select USDT from the drop down.
3. Input the amount of PTE you wish to stake in the pool and click “Supply.” If this is your first time you will also have to “Approve” the use of your PTE by Uniswap.

Uniswap will show you your Share of the Pool and how much you have contributed. You can track your earnings at anytime here : https://app.uniswap.org/#/pool

You have successfully added to the PTE LP on Uniswap and will automatically earn 6.5% + 0.3% of all trades monthly. The Peet staking rewards wallet payout out these rewards on the 19th of every month.

You can now enjoy your passive income. Lambo??