TUTORIAL: Adding pHBD-USDC liquidity in Polycub Farm

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·@katerinaramm·
0.000 HBD
TUTORIAL: Adding pHBD-USDC liquidity in Polycub Farm
After dreaming, after reading about it .. It is time to finally do it myself!

What? 

Adding HBD liquidity on the Polycub Farm, using HBD on the Polygon Network!
Check out the full post [here](https://leofinance.io/@leofinance/phbd-usdc-is-now-live-or-hbd-is-about-to-get-a-usd5-000-000-liquidity-pool) by @leofinance

I also recommend that you check out [this post](https://leofinance.io/@ph1102/how-to-add-hbd-to-the-polycub-liquidity-pool-short-tutorial-with-images) by @ph1102 for a very comprehensive tutorial, that is also what I am about to do - having today a very small amount of liquid HBD..

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*edit*

*I found [this post](https://leofinance.io/@finguru/5-reasons-why-you-should-invest-in-phbd-usdc-pool-on-polycub) to be very informative and it will help you with some of your queries - especially if you are a newbie. Thanks @finguru*

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Whenever I try something new, I always do it with small amounts first and I like to monitor my steps so that I can re-do or check out what has gone wrong

.1. https://wleo.io/hbd/

![image.png](https://images.hive.blog/DQmPm32TxmM8LWqEp1esJ785LRQvW6K4qXXbSfcMmKBZR1R/image.png)

Fill in your polygon address (find it from your Metamask) and also the amount of HBD you wish to transfer. The comma is as a (.) dot. 

.2. Confirm the info from the prompt that will come to your screen. 
You will see a confirmation message & you will receive the transaction info as a msg 

![image.png](https://images.hive.blog/DQmddJEUckjRCwcfJ7PH5KZuqijtwGouVTxKApKPpFH3im2/image.png)


.3. I used MetaMask to add pHBD

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Please note: 
(copied by the @leofinance original post - link above)

TLDR;

    pHBD Contract Address: 0x6d969cea201e427d2875724fd4e8044833fbc7f4
    pHBD Wrapping UI: https://wleo.io/hbd/
    Add Liquidity: https://app.sushi.com
    Pool LP Tokens: https://polycub.com/farms
    Trade pHBD: https://app.paraswap.io/#/?network=polygon
    Our Press Release Partners are working on articles to promote pHBD and HBD as the longest-standing algo-stablecoin!
    Questions? https://discord.gg/E4jePHe

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After you import the pHBD token in your Metamask, you will be able to use an amount of your HBD for swapping them into USDC

(I used the internal swap of MetMask - let me know if you have any questions)

At the end of all this process I am left with

- 4.28 HBD 
- 3.49 USDC

I will now head on to the Polycub Farms and see how the liquidity is added

.4. Visit https://polycub.com/farms
![image.png](https://images.hive.blog/DQmeG5PYxbdjdc57a7FrtJNFjwD28hDqBVsSTcmsDYnmcEe/image.png)

You need to enable the pair you wish - in this case pHBD - USDC

![image.png](https://images.hive.blog/DQmdHypxARvFcrpWgyDWLeqToSJbVfDhnixT3JWkLBvz1pe/image.png)

At the moment there is no transaction fee for enabling the pair.

After the transaction is confirmed, you will need to 


![image.png](https://images.hive.blog/DQmRKjK1rGye85eestmyPeg357Pw6M959HQ1bbe6N6GMSuG/image.png)

When trying to Stake LP, you will see empty fields .. I was not so sure what do - and was confused from other tutorials - so what I did is clicked on 'Get PHBD-USDC LP' > which led me to sushi swap


![image.png](https://images.hive.blog/DQmXWxexunKwGQNxxaNuRoCJQmd8mpkWfRBFNe4cA4whhDi/image.png)

You will notice the amounts that are in your Metamask

Fill in the amount of USDC, the pHBD will be autofilled depending on the between them value. 


![image.png](https://images.hive.blog/DQmYgWRXZUa6fdCUVdxGCGBbSGG6JVmDusQwxmiJoBhUsmR/image.png)

Approve them both

(You will need some MATIC to do the APPROVE)

Please note: 
Always do your own research - this is not financial advise.

After you click Add Liquidity, you will need to confirm the amounts & pay for the transaction.
My transaction failed twice, even though I had more Matic - but the third time it worked. 

Final Step
Go back to the Farm - https://polycub.com/farms
Click on Stake - and then MAX 

And finally click on CONFIRM - and also on the Metamask prompt

This is the final look

![image.png](https://images.hive.blog/DQmQzVF6emDKtW98fZBem5yiyVsqRg8AXHvW2S9knyDfbWY/image.png)

Of course the amounts are very small, I will see how it goes and then I ll decide how much liquidity I will provide.

What I really enjoyed was how easily we can now use our pHBD to do any swap we wish to do and use them in a number of ways.

Please remember that you can also put your HBD into the savings in your wallet and earn 20% APR (as recently decided by the witnesses)

What about you?
Have you / Will you provide liquidity to the Polycub Farm?
What are the reasons for your decision?

Thanks for visiting, your remarks and feedback are more than welcome :)



Find me also here: https://twitter.com/katerinaramm1

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@katerinaramm/tutorial-adding-phbd-usdc-liquidity-in-polycub-farm)
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