Hololooters! The time has finally come!
You can now begin trading $HOL on PancakeSwap đ
This is a huge moment for us, and weâre so, so grateful for all of your support so far. This has been a long journey but really weâre only getting started â and with our TGE out of the way, all thatâs left is to deliver an awesome app đ„
Weâre currently listed on PancakeSwap, and we know that using a decentralized exchange (DEX) can be a little intimidating if youâve never done it before, so weâve prepared this handy guide to help you get started.
But first, an overview:
â Chain: BSC
đ Pair: HOL/BUSD
đ Contract: 0xa797Fa4BDa7C5A4B3afe73573B9d2Ab942365C6f
Always double check the contract address! Weâre posting it on our official channels â ïž
Step 0: Get some funds
This is probably the most obvious step, but again one that new users might need help with. Decentralized exchanges require funds in a wallet like MetaMask, and in this case you need BUSD to swap for HOL. There are plenty of tutorials on how to do this online so we wonât cover them here, and which wallet you use is ultimately up to you.
Because our tokens are on Binance Smart Chain (BSC), youâll also need some tokens to pay fees â in this case, BNB. You wonât need hundreds of dollars to perform transactions, but itâs essential that you have enough to cover the costs.
Once youâve got some BUSD and BNB in your wallet and youâre connected to Binance Smart Chain, head over to PancakeSwap.
Step 1: Find the pair
Head to pancakeswap.finance and navigate to the âExchangeâ section.
This is where the swapping happens. Youâll have to manually add the Hololoot pair using the contract address. (We canât say this enough: always double check it!)
đ Contract: 0xa797Fa4BDa7C5A4B3afe73573B9d2Ab942365C6f
Click on one of the two assets and search for âBUSDâ. It should appear in the list.
On the second asset, paste the Hololoot contract address into the search box. Itâll prompt you to import the token.
Itâll prompt you to confirm the token import.
Youâll now see the pair, ready for trading!
Step 2: Swap
There are a few steps involved with swapping, but after youâve done it once or twice the process becomes very straightforward.
First, enable the tokens from your wallet. PancakeSwap will prompt you do to this.
Follow the prompts in your wallet. You may need to pay a small amount of gas for this transaction.
Once the tokens are approved, there is one small change you need to make to the settings. As the token is new and liquidity is still relatively low, slippage is a reality. These needs to be manually adjusted, although as liquidity is added and as the price stabilizes, slippage should decrease.
Head to the settings.
Set the Slippage Tolerance to 2.5%.
Now youâre ready to swap, so press âSwapâ
Double check the details and hit confirm.
Again, approve the transaction through your wallet. This will again cost a small amount of gas.
And youâre done! Wait for the transaction confirmationâŠ
And youâre now the proud holder of $HOL đ„
Step 3: Add the token to your wallet
Depending on your wallet you may need to manually add the HOL token. This is a common source of panic â until you add the token to your wallet you wonât be able to see it! Donât be worried though: the tokens are there, we just need to make them appear.
These instructions are for MetaMask â for other wallets you can easily search for how to add tokens manually.
First, select the option to âImport Tokensâ.
Head to the Custom Token tab and add in the Hololoot contract address.
Everything should fill automatically â just hit âAdd Custom Tokenâ and youâre done!
Any problems?
If youâre trying to swap and youâre getting an error like âInsufficient liquidity for this tradeâ, you may be on the wrong pair. Double check that youâre swapping BUSD with HOL, and, as always, double check the HOL address. There should be sufficient liquidity for almost any trade, so this error suggests youâre looking at the wrong pool.
If youâre having any other issues, please feel free to contact us on Telegram.
Whatâs next?
Trading on a DEX is only possible with the contributions of liquidity providers. To help encourage liquidity to be added, weâll be launching high-APY staking pools shortly. This is a great opportunity to earn extra tokens while doing important work for the community đ„ Weâll release a guide shortly explaining how to provide liquidity and how to stake your liquidity tokens.
And for the team, weâre going to continue doing what weâve been doing this whole time â building the future of the AR, NFTs and the metaverse in our easy-to-use app. Thank you again for your support so far, and weâre looking forward to sharing more exciting news with you shortly đ
