Staking into a Farm
Last updated
Last updated
Staking your LP token into a Farm in order to recieve incentives is simple. When you deposit into a pool which has a corresponding Afterburner Vault, you will see a banner at the top of the page which will bring you directly to that Farm.
Alternatively, you can navigate to the Farms tab to see a complete list of pools which are incentivized through an Afterburner Vault.
Once you navigate to a Farm for which you have a balance of the corresponding LP token, you will be able to inspect metrics about that Farm including the TVL, APR, Maximum Lock Duration, and a link to the Farm on a block explorer.
The Lock Duration provides the user the ability to earn a higher APR by committing their liquidity for a specific amount of time. This is not mandatory, but does present the opportunity to earn more rewards if the user is comfortable with a specific lockup duration.
Within the Stake modal, beneath where the user can specify how many LP tokens they wish to stake, is a Lock Duration slider. Users can move this slider to view what their APR Lock Boost and Total APR will be for various lock durations, and choose the duration they are most comfortable with.
The maximum lock duration corresponds to the rewards emissions schedule and replenishment, which occurs once every two weeks on Monday. This is to prevent locking longer than the remaining time in the current rewards emission epoch. If you are unable to lock, you will be able to once the next epoch begins and new rewards are deposited to the Afterburner vault.
Once you have chosen an amount of LP tokens to stake and a Lock Duration, click the Stake button to enter into the Farm. You will then see your staking position appear at the bottom of the page.