A step-by-step guide to bridge assets, swap and LP on SKALE via Sushi
To Bridge From Ethereum Mainnet to SKALE Europa Hub:
Check out the SKALE video explainer here or follow the step by step below.
- Visit the SKALE Bridge
Go to SKALE Bridge, located within the SKALE Portal.
- Accept Terms and Conditions
Accept the terms and conditions to proceed.
- Connect Wallet
Connect your wallet by following the prompt.
- Get sFUEL
Click “Get sFUEL” to distribute sFUEL to your SKALE Europa wallet. sFUEL is the valueless gas token of the SKALE network needed for transactions.
- Select Destination Chain
Select Europa Liquidity Hub as the destination chain (the Sushi logo will be there).
- Select Asset and Transfer
Select the asset you want to transfer, input the amount, press the “transfer” button, and approve the transaction in your wallet.
- Complete the Transfer
Once the transfer is complete, a notification will appear, and you can view the transfer in the “history” tab. Your assets are now on the Skale Europa Liquidity Hub and can be used on Sush!
To Add Europa Liquidity Hub Chain to MetaMask:
- Visit SKALE Portal Chains Tab
Go to the SKALE portal and click on the “Chains” tab on the left bar or visit SKALE Chains.
- Select Europa Liquidity Hub
Click on Europa Liquidity Hub.
- Connect Wallet and Accept Network Switch
Click on “Connect Wallet” and accept the network switch in MetaMask. Europa Liquidity Hub will now be a selectable chain in your MetaMask wallet.
Swap on SKALE via Sushi
- Visit the Sushi Website
Navigate to the Sushi interface by visiting Sushi.
- Connect Wallet
Use a compatible wallet, such as MetaMask, and connect by following the prompt.
- Change Network to SKALE
In the network selection area, switch from the default or current network to SKALE. Ensure your wallet is connected.
- Select Tokens to Swap
Choose the tokens you wish to swap. Click on the token list to see more options in the dropdown menu. Select the tokens you want to swap from and to.
- Enter Swap Amount
Input the number of tokens you want to swap.
- Approve the tokens
You will have to approve the tokens you want to swap, follow the wallet instructions and click “Approve”.
- Execute the Swap
Click “Swap” to initiate the transaction, then click “Confirm” in your wallet interface to execute the swap. Upon successful transaction, you've effectively swapped tokens on SKALE.
LP on SKALE via Sushi (v3)
- Visit the Sushi Pool UI
Navigate to the Sushi Pools interface by visiting Sushi Pools.
- Connect Wallet and Change Network
Connect your wallet and change the network settings to SKALE if you haven’t already done so.
- Select a Pool
Choose a liquidity pool you're interested in LPing, for example, USDC/ETH
4. Select Price Range
Determine the price range within which you're willing to provide liquidity. There are two ways to do this:
- Adjust the price range bar to set the minimum and maximum price.
- Enter specific values into the designated boxes.
Remember that a narrower price range can result in higher fee collection but also increases the risk of being out of range and not earning any fees. Opting for the full range is equivalent to the classic v2, with no concentrated liquidity.
5. Provide Liquidity Amount
Enter the amount for one token in the pair. The protocol will populate the other token. If one token exceeds the amount, try inputting the other one first. Then click on “Preview”.
6. Approve Tokens
Just like swapping, you need to approve the spending cap for the tokens. Click “Approve (TKN)” and approve the tokens one by one on your wallet.
- Review & Confirm
Follow the instructions on the UI. Click “Preview”, then “Add Liquidity”. Confirm the transaction in your wallet.
8. Manage Position
After adding liquidity, you can manage your position by selecting “My position” under the Pools UI. This allows you to adjust or remove your liquidity as needed.
LP on SKALE via Sushi (v2)
Step 1:
First, head over to the Sushi app and select Enter App in the upper right corner. Next, make sure your wallet is connected and select the Pools tab on the upper left corner of the screen to be brought to the pools page.
Step 2:
Once on the Pools page, click on the drop-down menu at the end of I want to create a position to see both V3 Position and V2 Position. In this case, select V2 Position. This will bring you to the Add Liquidity page, where you can provide liquidity to an existing pool, or you can choose to create a new pool.
Step 3:
Choose SKALE on the network. Select a token pair. Add the amount you want to provide liquidity to.
Note: Both tokens will automatically represent a 50/50 balance, so make sure you have enough tokens of each in your wallet. Also, ensure your wallet is on the same network as the network you are providing liquidity to.
Step 4:
Approve the tokens on your wallet.
Step 5:
Add liquidity and confirm on your wallet.
Step 6:
Done. You can see your position on the pool page.
Important Links
- SKALE Bridge: SKALE Bridge
- Sushi Swap: Sushi
- Sushi Pools: Pools
- Full Sushi v3 Tutorial: Tutorial
