Alphadex : Step by Step Guide to Trading & Farming

Alphadex
4 min readJan 18, 2022

Step 1: Get your hands on MOVR!

MOVR is available to purchase from KuCoin! It is our preferred CEX of choice!

Moonriver — the Kusama parachain that supports Ethereum dApps through (EVM). MOVR is its utility token and necessary for many transactions throughout the network.

Step 2: Add Moonriver to your wallet!

It will be necessary to add Moonriver network to your wallet before interacting with Alphadex. Below we have added a guide on how to setup your Moonriver wallet

Click on the top icon and then on Settings (This RPC will auto-add to Metamask from Alphadex — this is the manual steps).

Next click on Add Network and enter the following details:

Network Name: Moonriver
RPC URL: https://rpc.moonriver.moonbeam.network
ChainID: 1285
Symbol (Optional): MOVR
Block Explorer (Optional): https://blockscout.moonriver.moonbeam.network/

Step 3

First, add ROAR to your wallet. You can do this by clicking on the Alphadex logo on the top right-hand corner next Moonriver network.

Adding Liquidity

This is a similar process to trading. Just connect your wallet and click on the Liquidity section. Input the amount of liquidity you’d like to add, which will come from your total amount of MOVR tokens. Once you’ve added liquidity, you’ll receive the pair in LP tokens, which you can use and stake in our MOVR farms and Liquidity providers earn a 0.30% fee on all trades proportional to their share of the pool

Step 4 — Adding LP through “Farm”. Click on Farm and choose which pair you wish to farm on. Click Confirm Adding liquidity

Step 5 — Confirm supply

Step 6 — Click on Staking and choose the % you wish to stake. Approve then Confirm deposit

Adding LP with Pool

Step 1 — click on add.

0x1A93B23281CC1CDE4C4741353F3064709A16197d FRAX address

Step 2- If you do not see the pair you wish to add LP to then you would need to add the token address in.

For example, I will be adding FRAX
Address — 0x1A93B23281CC1CDE4C4741353F3064709A16197d

Click on import.

Step 3 — Add the LP amount and click on confirm.

Confirm Supply

Click confirm in Metamask

Now you can see your LP.

Step 4- Click on farms and select Staking in the FRAX farm. Confirm deposit.

Withdrawing LP.
Step 1- you must first withdraw your staking. Choose the % you wish to withdraw and confirm.

Step 2- Withdraw LP. Click on the green button below Liquidty to change it to remove liquidity. Select the amount you wish to withdraw. ( Please note below the % it will show you what you will receive. If you click on receive you can change it for example WMOVR and MOVR). Click approve.

About Alphadex

Alphadex is the ultimate Cross-Chain AMM, Incubator, and NFT Launchpad powered by Moonriver. Alphadex is partnered with the best-in-class technologies to help provide an unparalleled safe trading protocol and user experience. It aims to provide the most accurate up-to-date pricing methodologies with a world-class oracle. Its native token is $ROAR and it has a total supply of 120 million.

For more details, email admin@alphadex.io

Website | Telegram | Discord |Twitter | GitHub

--

--