Guide to Using RazorDAO DEX with Razor Wallet on Movement Labs Testnet

Introduction:

RazorDAO DEX is a decentralized exchange that allows users to trade, provide liquidity, and participate in governance. This guide will help you navigate RazorDAO DEX using Razor Wallet on the Movement Labs Testnet.

Prerequisites:

1. Razor Wallet: Ensure you have Razor Wallet installed and set up here: Link

2. Movement Labs Testnet Tokens: Obtain test tokens from a faucet to use on the testnet. Faucet

Step 1: Connect Razor Wallet

1. Open Razor Wallet: Launch the Razor Wallet application.

2. Switch to Movement Labs Aptos Testnet: Ensure your wallet is set to the Movement Labs Aptos Testnet. You can select it from the network dropdown menu.

3. Access RazorDAO DEX: Go to the RazorDAO DEX website in your browser.

Step 2: Swapping Tokens:

1. Navigate to the Swap Section: On the RazorDAO DEX homepage, click on the "Swap" feature.

2. Select Tokens: Choose the tokens you want to swap from the dropdown menus

3. reference

• Enter Amount: Input the amount you wish to swap.

• Review Transaction: Check the estimated output amount and transaction fees.

• Execute Swap: Click the “Swap” button. Confirm the transaction in Razor Wallet.

Step 3: Providing Liquidity:

1. Go to the Liquidity Section: Click on the "Liquidity" tab on the RazorDAO DEX.

2. Select Token Pair: Choose the token pair for which you want to provide liquidity.

3. Enter Amounts: Specify the amount of each token you wish to provide.

5) Approve Tokens: If prompted, approve the tokens in Razor Wallet to allow the DEX to use them.

6) Add Liquidity: Click the “Add Liquidity” button and confirm the transaction in Razor Wallet.

Step 4: Withdrawing Liquidity:

1. Access Your Liquidity Pool: Click on the “My Liquidity” section.

2. Select Pool: Choose the liquidity pool from which you want to withdraw.

3. Withdraw Tokens: Enter the amount you want to withdraw and confirm the transaction.

Conclusion:

Finally complete tasks and claim points on galxe here.

https://app.galxe.com/quest/RazorDao/GCeHwtv1B2

Using RazorDAO DEX with Razor Wallet on the Movement Labs Testnet is an efficient way to participate in decentralized finance. From swapping tokens to providing liquidity and engaging in governance, RazorDAO DEX offers a streamlined experience. Always ensure to perform transactions carefully and stay updated with the latest developments in the ecosystem.

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