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What is the purpose and function of providing liquidity to a decentralized exchange?Decentralized exchanges (DEXs) enable the permissionless exchange of any cryptoasset。com Wallet app gives warnings if a blockchain address is high-risk based on HAPI, a blockchain cybersecurity protocol。APY: APY stands for annual percentage yield。Try it out!This article is part of the Bitcoin。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。If your transaction is dropped from the mempool, it effectively means that your transaction has been cancelled and your funds have been returned to your wallet。This token, known as a liquidity pool (LP) token — also sometimes called a liquidity provider token — is used to realize any outstanding rewards from your position, and to withdraw your deposited cryptoassets。Just top on the icon network to "Network Fee" and following the instructions。One key benefit of depositing liquidity in the pool and receiving LP tokens is that users can earn a share of the trading fees generated by the pool。Request for additional identity verification documentsPlease make sure to check your email inbox (or spam inbox) to see if you have received an additional request to verify your identity。”From the app’s home screen, scroll down and select “Earn。Tap the "Send" (paper airplane) icon。Learn more about Verse here, and explore the Verse Ecosystem here。You can also use the handy percent amounts in the bottom half of the screen to easily choose an amount to swap。Step 1: Manual backupWrite down your 12-word recovery phrase for the wallet your tokens were accidentally sent to。To buy a Verse Scratcher TicketEnsure that you have enough VERSE to purchase a ticket, and some MATIC/POL to pay for gas。Press on the Funds tab on the bottom navigation menu 3。Read more about finding and sharing your Bitcoin addresses here。com Wallet app How do fees work on the Polygon network Customizing fees when using the Polygon network in the Bitcoin。For instance, a married couple can set up a Shared Wallet。If you have not yet sent your Bitcoin or cryptocurrency to MoonPay, the sell order will automatically expire one week from the creation date, and you will receive an email confirming the expiration。Instantly unlock access to all Verse Clicker Lunar New Year Contest upgrades by being a member of the exclusive Verse Lounge。Here's how to find your shared wallet's recovery phrase in the Bitcoin。com’s official cryptocurrency VERSE。com Wallet app, please do the following: From the home screen of the Bitcoin。com, we work with trusted third-party services to help you buy and sell cryptocurrency。To be precise, claiming VERSE tokens requires approximately ~50,000 gas units。com ETH wallet to cover the swap transaction fees which are paid in ETH。SavingsA recent bank statement of your savings account。How long does it take to receive cash after selling my Bitcoin and cryptocurrency via MoonPay?MoonPay partners with local payment networks worldwide, so delivery times vary depending on the local currency you choose to receive。We do not send, receive, or store any Bitcoin or Bitcoin Cash。com Wallet app by tapping on the VERSE icon from the app's home screen。Tap the 'Send' button at the top of the Home screen。com wallet app, simply tap "Settings," then "Help & Support," and select "Speak with a support agent。The process for doing so depends on how you backed up your Wallet。Not only that, whenever you add more wallets within your Bitcoin。Here's how: On the "Enter send amount" screen, tap on the "Network fee" icon at the bottom-left。Tap on "Restore your wallets"。You can set the number of participants (up to 6) and number of approvals, such as, 1-of-2, 3-of-4, 6-of-6 etc。We're here to help ensure that your experience is smooth and enjoyable。Centralized marketplaces are less popular with fewer buyers and sellers, not to mention there is a risk of losing your assets if the business goes insolvent。If three of the revealed numbers are the same, you win the corresponding VERSE prize。Backup Before Switching Devices: Always back up your wallet by saving your 12-word recovery phrase before switching to a new device。com Wallet app, you have the option to adjust the fees you pay to the public blockchain network of the cryptocurrency you’re sending。Where do the rewards come from?Rewards for VERSE Staking may be sponsored by partners, Bitcoin。You can also set up the app to automatically generate a new address every time you receive Bitcoin and other cryptocurrencies。Why don’t you use X? What are Verse Farms?Verse Farms are a collection of smart contracts on Bitcoin。Enter your 12-word recovery phrase (or use the File/Text tab if you have an export file)5。com/onramper/。For example, if you have a 2-of-3 shared wallet (meaning 2 out of 3 people’s approval are needed to move funds), you can still access your funds even if one person’s wallet or secret information is lost。Optimistic rollups have a long time to finality, which means transferring cryptoassets from an optimistic rollup back to the main chain could take between 1 and 2 weeks。Read more here about why you need to verify your identity。Before we begin, make sure you have Ethereum (ETH) in your Ethereum wallet。From the app’s home screen, navigate to Web3 Explorer。" Then, choose the asset type, enter a wallet name, and create the wallet。Can I play Verse Clicker on mobile devices?Yes, Verse Clicker is accessible on both desktop and mobile devices。You can approve only the asset necessary for payment or you can approve an unlimited amount。This is the address that participants can provide when, for example, requesting a payment。com Wallet app to securely send, receive, buy, sell, and manage your Bitcoin and other cryptocurrencies。You can also directly interact with Decentralized Apps(DApps) on the Polygon network using the Bitcoin。You'll be sent an email to the email address you registered with MoonPay。For example, if you have a 2-of-3 shared wallet (meaning 2 out of 3 people’s approval are needed to move funds), you can still access your funds even if one person’s wallet or secret information is lost。What happens during a token burn?When you trigger a token burn, the VERSE token you have sent to trigger the burn — together with any tokens already in the Verse Burn Engine smart contract — are permanently removed from circulation, reducing the total supply of VERSE forever。com/audits/ How are Verse Farms and Verse Staking different?Verse Farms are designed to incentivize market participants to add liquidity to pools on Verse DEX。My wallet shows Legacy addresses instead of SegWit addressesAlthough the Bitcoin。We'll assist you as soon as possible。How to share a shared wallet?After you’ve set up your shared wallet (see above), you’ll be prompted to invite participants。com Wallet app for Android and iOS How to buy ETH from the Bitcoin。You can also use the handy percent amounts in the bottom half of the screen to easily choose an amount to swap。In CoinGecko’s Info area, check with the community on Twitter and Telegram or Discord。Select the wallet you want to export。We would be more than happy to help you get started。In the network fee settings menu, select "Custom fee options。com Wallet app, tap the receive button from your Avalanche (AVAX) or Polygon (MATIC) wallet screen。com to restore/recover my wallet?How do I use my backup?What's a recovery phrase and how is that different from my password?I'm ready to back up my Bitcoin。This means you have separate wallets for BTC, BCH, and ETH, each with its own unique address。com/BCH (Bitcoin Cash Games) - https://cashgames。VERSE-ETH LP tokens are sent to your wallet。If you deposit $1000 in cryptocurrency to the pool, after 1 year your gross rewards would equal $50。Password protect your wallet if you'd like, or skip this step14。Redundancy: Shared wallets can be set up to protect against loss of access to your crypto。The Bitcoin。How do I create a transaction request?To create a transaction request, simply select your shared wallet, tap send, and follow the instructions。How to disable the Hide Balance optionTo turn this off so your balance always shows, please follow the instructions below: From your Bitcoin。Finally, tap, "Scan for transactions and funds。Step-by-step guideVisit Blockchair。com Wallet constantly monitors the market rate for gas, as well as the current base fee cost, to arrive at the optimal price for each preset mode。These tokens will be burned when someone triggers the Engine。dollars to the Bitcoin。Please refer to the identity verification FAQ page。Once you have completed the above steps, you will start earn rewards。In most cases, your transaction will confirm within a few hours at most。Download the appFrom the home screen, tap on the Discover iconScroll down to the Services sectionSelect Unstoppable Domains and tap "Launch Service"In the search bar, enter the domain you'd like to purchase。com WalletIf you don't already have the multichain Bitcoin。Always remember anyone who taps this link can claim the money by clicking the claim button。How can I track the status of my cross-chain swap?The Verse DEX will display the status of swaps in progress。com wallet app, simply tap "Settings," then "Help & Support," and select "Speak with a support agent。In other words, people borrow your USDC and pay interest to you。If you’re using ETH as the starting token and you choose to deposit all of your ETH into the liquidity pool, Verse DEX will automatically leave enough ETH in your wallet to complete the transactions。Where are my Avalanche and Polygon tokens displayed?From the Funds tab in the app, tap on your Avalanche (AVAX) or Polygon (MATIC) wallet