Staking into a Farm
Last updated
Last updated
Staking your LP token into a Farm in order to receive incentives is simple. First, navigate to the Earn tab and click Farms 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.
To the right of the page, you can specify how many LP tokens you wish to stake, and specify a lock duration if desired. New rewards are deposited every two weeks, and the lock duraiton can not exceed the amount of days remaining until rewards are replenished. You can view the APR boost by locking by typing a number in the Lock Duration field. When you are satisfied with the number of LP tokens and Lock Duration, click Stake.
You will now see your active staking position. You can also view you staking position in your wallet under Portfolio->Earn->Farms. For more information on viewing your farming positions through the wallet, see Interacting with your Wallet.