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  1. Learn How

Farm

Liquidity farming on SONEX allows users to provide liquidity to supported pools and earn rewards. By participating, you can maximize your holdings on SONEX.

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Last updated 1 month ago

Step 1: Choose a Farming Pool

  1. View Available Pools:

    • On the farm page, browse through the available pools and their details, including token pairs and Annual Percentage Rate (APR).

  2. Add Liquidity If Necessary:

    • If you don’t already have liquidity in a pool, you must first add liquidity:

    • Click the Add Liquidity button for your chosen pool.

  • Enter the amount of each token you want to deposit.

  • Approve Tokens: Click Approve for each token to authorize the pool to use them. Confirm these transactions in your wallet (gas fees apply).

  • Confirm Liquidity Deposit: After approving, click Add Liquidity and confirm the transaction in your wallet.

  • Once completed, you’ll see your liquidity position added to the pool.

  1. Continue with Existing Liquidity:

    • If you already have liquidity in a pool, proceed to the next step to start farming.

Step 2: Start Liquidity Farming

  1. Navigate to the Farm page

  1. Stake Your Liquidity:

  • Navigate to the chosen pool and click Stake LP.

  • Confirm the transaction in your wallet to lock your liquidity in the farming pool.

Step 3: Monitor and Harvest Rewards

  1. Track Your Rewards:

    • Toggle the “Staked Only” option to monitor your pool share, accumulated rewards, and APR.

  2. Harvest Rewards:

    • Click the Harvest button to claim your staking rewards.

  • Confirm the transaction in your wallet. A small gas fee in ETH will apply.

  1. Verify Receipt:

  • After claiming, your rewards will be added to your wallet balance.

Step 4: Unstake (Optional)

  1. Access Unstaking Option:

    • If you wish to stop farming, click Unstake button to remove your liquidity from the pool.

  • Confirm the transaction in your wallet. A small gas fee in will apply.

  1. Verify Receipt:

  • After claiming, your rewards will be added to your wallet balance.

Troubleshooting Tips

  • Wallet Connection Issues:

    • Refresh the page and reconnect your wallet if needed.

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