Farming on Wombat
Farming on Wombat consists of two major steps:
- 1.Depositing HAY in exchange for HAY-LP tokens.
- 2.Staking HAY-LP tokens.
Taking out your LP tokens and liquidity consists of two major steps:
- 1.Unstaking your LP tokens.
- 2.Removing liquidity from the HAY pool.
BEFORE YOU START
Please note that only the HAY Side Pool is being topped up with liquidity and governance incentives. The CUSD pool tends to have far fewer rewards. Before completing your transaction, ensure which pool you are dealing with.
To provide liquidity:
- Instead, you may want to search for HAY pool in the Pool section on Wombat’s app.
- Find it, then click Liquidity.
- Add your desired amount to the HAY-LP token. Ensure you have enough of both tokens to fulfill your deposit, and click Approve.
- Once the transaction is signed, click Deposit & Stake.
- 1.Search for the HAY stable pool in the Liquidity section on Wombat’s app.
- 2.Find it then click Manage.
- 3.Go to the Unstake tab and click Unstake LP. If you also desire to remove liquidity, then return to the Liquidity section and click Manage again.
- 4.Go to the Remove tab and click Remove Liquidity.
Last modified 2mo ago