How to Stake and Unstake
How to stake
Staking LP tokens on ShadeSwap is simple to do, follow the below guide to get started.
To get started, visit ShadeSwap:
Search through the list of supported liquidity pools.
Click on a liquidity pool that you want to provide to.
Note: Since Shade Protocol is built on Secret Network, this enables modular privacy for the end user. This means that you may need to click "View Balance" and sign a wallet transaction in order to see your token balance.
Click the Token(s) Provided drop down and select if you will provide one token - also called single sided liquidity or both tokens.
A pop up will appear with two options when clicking "Provide":
Mint LP Shares + Stake: Earn further rewards by staking your LP token in Shade's reward contract.
If you choose "Mint LP Shares + Stake", then you will seamlessly stake your LP tokens!
Note: You can unstake your LP tokens instantly at any time!
Mint LP Shares: Hold onto your LP tokens and only collect trading fees.
If you choose "Mint LP Shares", you can manually stake your LP tokens by pressing the “Stake” button. This will prompt a standard wallet transaction.
Liquidity Provider Staking Tool Tips
Amount to be staked: Refers to the nominal LP token amount (and USD value) that you will be staking.
Estimated APY: Expected amount of yield you will be getting on your staked LP token position.
Asset APY: The breakdown of token rewards the user will be receiving.
Unbond Time: The duration ShadeSwap requires you to stake. This is always instantaneous.
How to unstake
Unstaking LP tokens on ShadeSwap is simple to do, follow the below guide to get started.
To get started, visit ShadeSwap:
The liquidity pools screen will be featured directly on the "Pools" tab.
Search through the list of supported liquidity pools for your pool position, or toggle "Only show my pools".
Now click on the liquidity pool that you want to unstake your LP tokens from.
Ensure that you click the toggle to "Unstake"
Execute your unstaking by pressing the “Unstake” button. This will prompt a standard wallet transaction.
Note the two options when clicking "Unstake":
Split LP Shares + Exit Pool: Unstake your LP tokens and withdraw the underlying assets in one click of a button.
Get LP Shares: Unstake your LP tokens, yet still hold onto your LP tokens.
Information provided in this post is for general informational purposes only and does not constitute formal investment advice. Please read the full disclaimer at shadeprotocol.io/disclaimer before relying on any information herein.
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