ETH-MVL LP Staking

Get LP Tokens

β€» Be aware of the possible impermanent loss when creating LP tokens.

β‘  Select Network as Ethereum.

β‘‘ Click [Liquidity] or β€˜Get LP’ on Farms tab and go to [Liquidity] page.

β‘’ Click [Add Liquidity] button.

β‘£ Enter the amount of ETH and MVL in the proportion of 1:1 and check the amount of LP tokens you will receive. Once checked, click [Approve MVL] button.

β‘€ Your wallet will now ask to confirm the action. Once you have checked the estimated Gas Fee and related information, Click [Confirm] button.

(If you do not have enough ETH, please purchase ETH through an exchange.)

β‘₯ Check the amount of LP token you will receive and ETH/MVL you supplied, then click the [Next] button.

⑦ Click the [Confirm] button.

⑧ Check the transaction details then click the [Confirm] button.

⑨ Check the transaction details then click the [Close] button.

β‘© Once getting LP tokens is successfully completed, you can check your ETH-MVL LP tokens through [Liquidity] Page β†’ β€˜My Liquidity’, and β€˜Available LP’ on [Farms] page.

Adding your LP Tokens into Farms

β‘  Click [Enable Farms] on the [Farms] tab

β‘‘ Your Metamask wallet will now ask you to confirm the action. Once you have checked the estimated Gas fee, Click [Confirm] button.

β‘’ You can see that the [Enable Farm] button has changed to [Stake]. Click the [Stake] button to stake your LP tokens.

β‘£ Enter the amount of LP tokens you wish to stake. Then click the [Confirm] button.

β‘€ Your Metamask wallet will now ask you to confirm the action. Check the estimated gas fee and click the [Confirm] button.

β‘₯ Click the [Confirm] button

⑦ Once you successfully staked LP tokens, you can see MVL being distributed in live.

Withdrawing from LP Staking in progress

Harvesting the rewards

β‘  Click the [Harvest] button to withdraw MVL leftover on the farm.

β‘‘ Check the estimated gas fee and click the [Confirm] button.

β‘’ Click [Confirm] button. You can check the transaction details on [View on Etherscan].

β‘£ You can check your harvested MVL on Metamask wallet, [Bridge] tab, and [Pools] tab.

Unstaking LP Tokens

β‘  To unstake the LP tokens, Click [Unstake] button, then enter the amount of LP tokens you wish to unstake.

β‘‘ Your wallet will now ask you to confirm the action. Once you check the estimated gas fee, Click the [Confirm] button.

β‘’ Click the [Confirm] button.

β‘£ You can check the unstaked LP Tokens on β€˜Available LP’

Removing LP Tokens from the Farms

Depending on the relative value change between ETH and MVL after LP creation, impermanent loss may occur when LP is released.

β‘  Go to [Liquidity] tab then click [Remove] button on β€˜My Liquidity’ to remove LP tokens from the farms.

β‘‘ Enter the amount of LP tokens you wish to withdraw, then click [Approve] button on β€˜Withdraw Liquidty’.

β‘’ Your wallet will ask you to confirm the action. Check the estimated gas fee then click [Confirm] button.

β‘£ Click the [Withdraw] button.

β‘€ Check the Withdraw details then click the [Confirm] button.

β‘₯ Check the estimated gas fee, then click [Confirm] button.

⑦ Click [Confirm] button. You can check the transaction details on [View on Etherscan].

⑧ You can check your ETH & MVL removed from the LP tokens on the Metamask wallet, and β€˜Balance’ and Available bMVL on the [Bridge] tab and [Pools] tab.

Withdrawing of expired LP Staking

Withdrawing principal + rewards together

β‘  If you want to withdraw principal(ETH-MVL LP Token) and rewards(MVL) at the same time, press the [Unstake] button. A small ETH fee is charged when unstaking.

β‘‘ When the MetaMask notification appears, check the gas fee and click the [Confirm] button.

β‘’ Click the [Confirm] button and receive the principal and rewards. You can check the transaction details on [View on Etherscan]

β‘£ After receiving the principal and rewards, the staked LP is changed to 0 LP and the Earned MVL is changed to 0 MVL.

β‘€ You can check your harvested principal(ETH-MVL LP Token) and rewards(MVL) on Metamask wallet, [Liquidity] tab, [Bridge] tab, and [Pools] tab.

Withdrawing rewards only

β‘  If you only want to withdraw rewards(MVL), click the [Harvest] button. A small ETH fee is charged when withdrawing rewards.

β‘‘ Check the estimated gas fee and click the [Confirm] button.

β‘’ Click [Confirm] button. You can check the transaction details on [View on Etherscan].

β‘£ After receiving the rewards, the Earned MVL changes to 0 MVL.

β‘€ You can check your harvested MVL on Metamask wallet, [Bridge] tab, and [Pools] tab.

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