Removing liquidity from BeamSwap means you no longer want to supply liquidity to a particular pool of assets and once you do so, you will no longer earn from the liquidity pool incentive. The process unlocks your LP position while claiming any accrued rewards earned for the duration you had the pool active.
To remove your liquidity from BeamSwap requires only a few steps:
Step 1:
Connect your wallet to the Swap page at https://swap.onbeam.com/pool.
Step 2:
Navigate to the pool section. You should be able to see your liquidity pool position(s).
Step 3:
Select the pool you want to opt out of and click remove.
Step 4:
Drag the slider or choose the percentage of liquidity to be withdrawn from the pool. Click on “Approve” to approve the spend transaction from your wallet.
Step 5:
Once approved, click “Remove”.
Step 6:
Review the amount of each pair to be received back to your wallet. Click “Confirm”, verify, and approve the transaction prompt in your wallet.
And that's it! Once you approve the transaction in your wallet, the transaction is posted to the blockchain and will only take a few minutes to complete. However, in rare cases, you may experience an unusual delay in the confirmation of the transaction, visit our FAQ section to learn how to troubleshoot your pending transaction.