LP-Swap removes the difficulty of swapping LP tokens and withdrawing / depositing them to yield optimizers such as Beefy or Autofarm.
Without LP-Swap, if you wanted to convert ETH-BUSD LP in Beefy into CAKE-WBNB LP in ACryptoS, you would have to do the following actions:
Go to Beefy.
Find the ETH-BUSD LP vault.
Make Beefy withdraw your ETH-BUSD LP tokens.
Go to PancakeSwap liquidity page.
Find your withdrawn ETH-BUSD LP tokens.
Approve PancakeSwap to manage your ETH-BUSD LP tokens.
Make PancakeSwap break your ETH-BUSD LP tokens.
Go to PancakeSwap exchange page.
Approve PancakeSwap to manage your ETH tokens.
Make PancakeSwap swap your ETH tokens for CAKE tokens.
Approve PancakeSwap to manage your BUSD tokens.
Make PancakeSwap swap your BUSD tokens for WBNB tokens.
Go to PancakeSwap liquidity page.
Approve PancakeSwap to manage your CAKE tokens.
Approve PancakeSwap to manage your WBNB tokens.
Make PancakeSwap create CAKE-WBNB LP tokens.
Go to ACryptoS.
Approve ACryptoS to manage your CAKE-WBNB LP tokens.
Make ACryptoS deposit your CAKE-WBNB LP tokens.
With LP-Swap, you can do all these steps in one click!
Fee
A swap fee of 0.18% is collected by LP-Swap for funding its development.
This is on top of the inherent fees that you normally pay for your transactions (i.e. gas fee, PancakeSwap swap fee, yield farm optimisers deposit / withdrawal fee).