Solving the Problem of Tokens Being Priceless? The Ultimate Tutorial on Creating and Providing Liquidity on OKChain

Creating token liquidity on the OKB Chain (OKX Chain, Chain ID: 196) can be achieved through the GTokenTool platform. The following are detailed steps to ensure a simple and efficient operation process: Preparation

1. Install and configure the wallet :

• Use a wallet that supports the OKB chain, such as MetaMask or TokenPocket.
• Add the OKB Chain network (Chain ID: 196, Network Name: OKExChain Mainnet) to your wallet.
• Make sure you have enough OKT (OKB chain native token) in your wallet to pay for gas fees.

1. Visit the GTokenTool official website :

• Go to the official website https://www.gtokentool.com and make sure to avoid visiting phishing websites.
• Connect your wallet to the GTokenTool platform and confirm that the network is set to OKExChain (chain ID: 196).

1. Token preparation :

• If you haven't created a token yet, you can create one through the " One-click Token " function of GTokenTool.
• Record the contract address of the token, which is needed when adding liquidity.

Steps to Creating Liquidity

1. Enter the GTokenTool liquidity management interface : https://gtokentool.com/find?chainId=196

• Select the "Liquidity Management" or "Add Liquidity" function module on the GTokenTool platform.
• Select OKB Chain (Chain ID: 196) as the target network.

1. Select a token pair :

• Enter the token contract address you created and the token you wish to pair it with (such as OKT or other mainstream tokens).
• Common liquidity pool pairs include your token/OKT or your token/USDT.

1. Set liquidity parameters :

• Enter the number of tokens you wish to add to the liquidity pool (e.g. 1000 of your token + an equivalent amount of OKT).
• Confirm the token ratio, which is usually a 50:50 value ratio (e.g. 1 OKT = X your token, the specific ratio is determined by the market price).
• GTokenTool provides a visual interface, automatically calculates the number of paired tokens, and reduces the difficulty of operation.

1. Approve and confirm the transaction :

• Approve GTokenTool to access your tokens and OKT in your wallet.
• Pay gas fees on the OKB chain (fees vary based on network congestion, so it is recommended to check real-time gas prices).
• Confirm to add liquidity transaction and wait for on-chain confirmation.

1. Get liquidity tokens (LP Token) :

• After successfully adding liquidity, you will receive LP Tokens representing your share of the liquidity pool, stored in your wallet.
• LP Tokens can be viewed and managed on the GTokenTool platform, or used for subsequent staking mining and other operations.

Precautions

• Security : Always operate through the official website to avoid leaking private keys or seed phrase.
• Gas fee : The gas fee of the OKB chain is paid in OKT. It is recommended to prepare sufficient OKT in advance.
• Liquidity pool selection : Choosing token pairs with high trading volume (such as OKT or USDT) can increase the attractiveness of the liquidity pool.
• Market Management : GTokenTool provides functions such as market value management and batch airdrops , which can be used to promote tokens after adding liquidity.