Farming on Magpie
Farming on Magpie consists of two major steps:
- 1.Depositing HAY in exchange for HAY-LP tokens.
- 2.Staking HAY-LP tokens.
Taking out your liquidity pool tokens consists of one single step, which is withdrawing your HAY-LP tokens.
- 2.Click on the Deposit tab, and add your desired amount of HAY to the liquidity pool. You will receive proportional HAY-LP tokens in exchange.
- 3.The transaction should be approved before funds are deposited in the pool. Click Approve.
- 4.When approved, click Deposit to deposit funds in the pool.
- 1.Once you acquire your HAY-LP tokens, you can stake them in the Deposit LP tab.
- 2.The transaction should be approved before Wombats LP-HAY are deposited in the pool. Click Approve.
- 3.When approved, click Deposit to deposit your Wombats LP-HAY.
- 1.In Magpie, unstaking, claiming rewards, and withdrawing liquidity is a single process, done through the Withdraw tab.
- 2.Choose the amount to withdraw and click Withdraw.