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Farms V2

PreviousEarnNextHow to Earn Farm V2 Rewards

Last updated 11 months ago

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.

To deposit tokens into a Farm MagicSea's Zap-In function offers two easy paths:

Deposit LP token into Farm:

  1. Navigate in the menu to "Earn" -> "Farm"

  2. Select Farm you want to enter and enable Farm if needed

  3. Click "Deposit" to open the Zap-In window

  4. Select the first option showing your available LP Tokens for this Farm

  5. Enter LP Token amount you want to add

  6. Click "Confirm"

  7. Confirm transaction in wallet

  8. 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

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