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 Senior LLP, which can be redeemed for any Senior LLP asset here (BTC, ETH, BNB, USDT).
Staking is available on both, Arbitrum and BNB Chain.
- 1.Connect your wallet
- 2.
- 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!
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- 1.Connect your wallet
- 2.
- 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 Senior LLP tokens!
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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.
- 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.
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Last modified 1d ago