LGO Yield Staking

LGO holders can stake their LGO to earn protocol fees. 10% of protocol fees generated daily are distributed to this LGO staking pool in the form of LLP, which can be redeemed for any LLP asset here (BTC, ETH, BNB, USDT).

Staking is available on both, Arbitrum and BNB Chain.

Staking your LGO

  1. Connect your wallet

  2. Navigate to the LEVEL Staking page

  3. Click "DEPOSIT"

  4. Enter the amount of LGO you want to stake

  5. Click ‘APPROVE’ and confirm the pop-up transaction in your wallet

  6. Click ‘DEPOSIT’ and confirm the pop-up transaction in your wallet

  7. Once confirmed in your wallet, you will see a ‘Successful’ pop-up on the LEVEL UI after a few seconds. Your LGO is now staked and earning LLP tokens!

Unstaking your LGO

  1. Connect your wallet

  2. Navigate to the LEVEL Staking page

  3. Click 'WITHDRAW'

  4. Enter the amount of LGO you want to unstake then click ‘WITHDRAW’ and confirm the pop-up transaction in your wallet.

  5. Once confirmed in your wallet, you will see a ‘Transaction Completed' pop-up on the LEVEL UI after a few seconds. Your LGO is now unstaked and no longer earning LLP tokens!

Claiming Rewards

Rewards are distributed per epoch (7 days). 24h after end of the epoch, users will be able to claim their yield rewards.

  1. Connect your wallet

  2. Navigate to the LEVEL Staking page

  3. In the LGO section, click ‘CLAIM’, select the asset you want to receive your rewards in and confirm the pop-up transaction in your wallet

  4. Once confirmed in your wallet, you will see a ‘Transaction Completed' pop-up on the LEVEL UI after a few seconds.

Last updated