▶️Farms V2
Last updated
Last updated
Yield Farms allow users to earn LUM or/and Partner Token while supporting MagicSea by staking LP Tokens. Check out our How to Use Farms guide to get started with farming.
MagicSea offers multiple farming opportunities to our users. You can stake your LP tokens and earn LUM and partner tokens in return. MagicSea will incentivize many liquidity pairs by offering Liquidity Providers the chance to stake their LP tokens in the farms.
With the special farm zap feature, you can zap directly into a farm without the hassle of doing all the liquidity-providing steps up front. You can select a token and the smart contracts will do everything for you automatically.
Deposit LP token into Farm:
Navigate in the menu to "Earn" -> "Farm"
Select Farm you want to enter and enable Farm if needed
Click "Deposit" to open the Zap-In window
Select the first option showing your available LP Tokens for this Farm
Enter LP Token amount you want to add
Click "Confirm"
Confirm transaction in wallet
Your LP Token are now deposited into the Farm and will not appear in your wallet anymore
Deposit LP token into Farm starting from a single token:
Warning: When depositing from a single token into a Farm three things happen:
1. You are swapping half of your token for the second farm-token 2. You are providing Liquidity into the token pool by exchanging your token for LP Token 3. You are entering the LP token into the selected Farm
Navigate in the menu to "Earn" -> "Farm"
Select Farm you want to enter and enable Farm if needed
Click "Deposit" to open the Zap-In window
Select the single token you want to supply into the farm
Enter Token amount you want to allocate
Check slippage of trade
Enable Token if needed
Click "Confirm"
Confirm transaction in wallet
Your newly created LP Tokens are now deposited into the Farm and will not appear in your wallet anymore