Providing Liquidity
Instructions for providing liquidity for Celestial Finance
Last updated
Instructions for providing liquidity for Celestial Finance
Last updated
Due to the taxes applied to Radiance and Stars transfers (buy, sell, transfer) when under peg, the traditional way of creating LP tokens at a DEX is not advised (because it will be taxed). When under peg, LPs should be created using the "Tax Free" links on the Celestial home page.
LPs can be made on the Celestial Finance home page.
Select the LP you wish to create by clicking on the appropriate button.
You will be prompted with an approval for the first token, followed by another approval for the second token.
Then the "Create LP" window will pop up. Enter the number of tokens you wish to combine and it will automatically calculate the correct amount for the paired token. In the following example, Radiance is worth about $0.85 so 100 RAD are selected to pair with 85 BUSD, resulting in an approximate 1:1 USD value ratio.
Once you have entered the amount of tokens, click "Submit" and approve the transaction.
Removing liquidity is not taxed, regardless of TWAP or the status of peg. You make remove your liquidity (split your LP tokens) at Pancake Swap.
The following page will allow you to enter the amount to split. You may need to approve the contract prior to removing the LP.
The resulting LP tokens will be deposited to your wallet, and any extra tokens that could not be combined were returned to your wallet as well. You can get the token contracts to view the tokens in your wallet on the page.
Go to and select the LP you wish to split, and then click "Remove". If you don't see your LP listed, click "Find other LP Tokens" and manually enter the contract numbers for your LP.
