How to Farm
Last updated
Last updated
At the moment, for all supported networks, user can connect to Baryon Network via Coin98 and Metamask. Especially for Ancient8 network, user can connect Ancient8 wallet.
Section below will first guide user on how to download and create wallet on Coin98 Wallet.
Coin98 Extension is now supported on Google Chrome. If you are a new user, you could install Extension directly on your computer:
Since Baryon Network is a Multi-Chain project, you have to own a Multi-Chain Wallet to use the platform.
After you have downloaded Coin98, you can follow the instructions below to create a Multi-Chain Wallet or import an existing wallet on other wallet applications into Coin98.
Baryon uses gas fees in the form of tokens specific to each network, so you have to have the tokens corresponding to the network in order to make transactions on Baryon.
Everything is ready, let's go to Add liquidity!
If you have already installed the Coin98 Extension, it will automatically connect to the corresponding network.
Step 1: On the Active tab, choose your desired pool. Click Enable to approve, then click Confirm.
This tutorial will take the AURA-BUSD LP as an example.
The system will ask users to pay a network fee to approve the token. Users need to prepare enough fees for this step.
Note: You must read the information carefully before staking:
APR (Annual Percentage Rate): the number of rewards you will receive if farming this LP token in one year. The bigger the number, the more rewards you will receive in the pool.
Earn: The token reward you will earn from farming LP in the pool.
Ended: Once the end time is reached, the rewards for that pool will stop being distributed.
Liquidity: Total liquidity is currently deposited in the pool.
Step 3: Click Stake. Select the amount of token you want to stake, check the gas fee -> Click Stake.
Step 4: Wait a few minutes for the system to process. After processing successfully, the system will display a notification and your staked LP Token will be shown as below.
Note:
The rewards will be real-time updated, you can harvest anytime by clicking “Harvest”
You can stake more LP tokens by clicking the “+” button.
Otherwise, you can unstake by clicking the “-” button.
There will be no lock-up period when you stake in BaryonFarm, so you can unstake anytime.
Step 1: Choose the pool you want to unstake. To unstake, click the “-” button.
Step 2: Select the amount of LP Tokens you want to unstake, check the gas fee -> Click Unstake LP Tokens.
Step 3: Wait a few minutes for the system to process. After the unstake process is successful, the amount of Unstaked LP tokens will be recorded in your initial pool.
Access to BaryonFarm:
Before staking, you must have LP tokens in your wallet. To own LP tokens, you can refer to".
Notice: Yield farming can give high APYs/ APRs rewards, but it comes with a risk of Impermanent Loss. It is not as scary as it sounds, but it is worth learning about the concept before you get started. Check out this great article about from Binance Academy to learn more.
To remove the LP tokens, you can refer to “”
