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Stake LP tokens

Overview​

When you provide liquidity to a pool on Katana, you receive liquidity pool (LP) tokens in return. You can stake these LP tokens in a farm to earn rewards in the form of another ERC20 token, which is chosen by the farm creator. A farm can offer more than one reward token to choose from. Generally, the more LP tokens you stake, the more reward tokens you earn. Farming is available for a limited number of pools at any given time.

Prerequisites​

To farm tokens on Katana, you need to have LP tokens that you can stake. To acquire LP tokens, add your liquidity to a pool. For more information, see Add liquidity to a pool.

Start farming​

  1. Open Katana and connect your Ronin Wallet.

  2. Select the Liquidity pool page, then turn on the Farms only filter to show the pools that offer farm rewards. All farming pools are displayed with a yellow lightning symbol and RON icon to the right side of the pool's name.

    Show farms only

  3. Select the pool you want to farm tokens in, then click the Farm rewards tab, and then select Stake. This opens the Stake panel for staking your LP tokens. In the My position panel, you can see how many tokens you have staked and how many are available in your wallet.

    Stake panel

  4. Enter the amount of LP tokens you want to stake. You can also click Max to stake the maximum amount of LP tokens you have in this pool. When you're ready, click Stake and confirm the transaction in your Ronin Wallet.

    Enter stake amount

Your transaction is now submitted to the blockchain. When it completes, Katana displays a confirmation pop-up. Close it or click View on explorer to see the detailed information about the transaction.

Successful staking

After staking, you can see an update in your total LP tokens staked and available in wallet.

Position after staking

Congratulations, you are now farming tokens on Katana.

Claim reward tokens​

Claim from the My positions tab​

Open the Liquidity pool page, then select My positions, and then click Claim next to the pool you want to claim rewards from.

Claim from My positions

Claim from the Farm rewards tab​

Select the pool to claim rewards from, then open the Farm rewards tab, and then click Claim all.

Claim from individual pool

After clicking either of the buttons, confirm the transaction in your Ronin Wallet.

When the transaction completes, Katana displays a confirmation pop-up. Close it or click View on explorer to see the detailed information about the transaction.

Successful claim

Stop farming​

To stop farming, you need to unstake the LP tokens from a farm pool. Unstaking means that you stop receiving reward tokens proportionate to how much LP tokens you unstake.

  1. Select the pool you want to unstake from, then click the Farm rewards tab, and then select Unstake. This opens the Unstake panel for unstaking your LP tokens.

    Unstake panel

  2. Enter the amount of LP tokens you want to unstake. You can also click Max to unstake all your LP tokens. When you're ready, click Unstake and confirm the transaction in your Ronin Wallet.

    Enter unstake amount

Your transaction is now submitted to the blockchain. When it completes, Katana displays a confirmation pop-up. Close it or click View on explorer to see the detailed information about the transaction.

Successful unstaking

After unstaking, you can see an update in your total LP tokens staked and available in wallet reflective of the changes you made.

Position after unstaking

Congratulations, you have successfully stopped farming tokens on Katana.