MANTRA has announced the launch of its USDY/USDC liquidity pool on MANTRA Swap, creating new opportunities for Chakra Pool participants and advancing its mission to streamline DeFi trading and liquidity. This development aims to provide users with an easy and reliable way to trade and manage their USDY holdings.
Expanding Liquidity Options
The new liquidity pool, bootstrapped by MANTRA themselves, is designed to give participants more flexibility in managing their claimed USDY. By introducing this USDY/USDC pairing, users can now seamlessly exchange their USDY for USDC, one of the most widely used stablecoins in the cryptocurrency ecosystem.
Steps to Access the USDY/USDC Pool
Users interested in accessing the USDY/USDC liquidity pool can do so through MANTRA Swap. Here’s how:
Visit MANTRA Swap: Head over to mantra.zone/swap.
Wallet Preparedness: Make sure you have $OM tokens in your wallet to cover transaction fees.
Swap USDY for USDC: Start trading in the new liquidity pool seamlessly.
For those unfamiliar with using USDY on MANTRA, a comprehensive guide is available to walk users through the process step by step. Access the guide here.
Key Links
Swap USDY/USDC: mantra.zone/swap
USDY Guide: https://docs.mantrachain.io/using-mantra-chain/chakra-pool/what-can-i-do-with-my-usdy
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