LP About S0
LP staking rewarding with S0
Another great option to farm more S0 tokens is staking your LP tokens. Liquidity Provider tokens can be received for providing S0 with other tokens on decentralised exchanges. However, make sure these LP tokens are listed in the Spectre section in a specific network. The APR is automatically calculated regarding the total LPs staked of the specific pool and S0 minted. The APR is expected to decrease with time because of the increasing total amount of LPs staked. Reward percentage will have an additional multiplier for a limited time to incentivise S0 holders to hold tokens and minimise price destabilisation during the early period. How to? Review Spectre section to discover which LP tokens can be staked. The pools will look like S0/ETH pool; S0/BNB pool; S0/FTM pool; S0/DAI pool. Every network will have different pools, so make sure you are looking at the Spectre within the correct network. After choosing your pool, for example, S0/BNB, visit any decentralised exchange: SushiSwap; PancakeSwap; Uniswap;. Go to the Liquidity section. Choose BNB token as one of them and S0 as another (if you cannot find S0, simply paste the smart contract address of the S0 token in the search field). Specify how many S0 or BNB tokens you will provide, another token amount will be calculated automatically. Proceed with transaction approval, approve it with your wallet, and then initiate the transaction within the exchange and then confirm it with your wallet. Once the transaction is executed, you will receive LP tokens. LP tokens are custom tokens, so make sure you have them added to your wallet. Every wallet has different instructions for adding custom tokens. With LP tokens you have received, go back to S0.finance and visit the Spectre page. Find the pool you have LP tokens for. In our case, it’s S0/BNB. Press the “Approve” button, approve the transaction with your wallet, now press the “Stake” button and choose how many LP tokens you want to stake. Simply confirm the transaction in your wallet and enjoy S0 rewards!
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