Start farming using LP tokens
Alita.Finance - The most effective Yield Farming platform
Last updated
Alita.Finance - The most effective Yield Farming platform
Last updated
You’re going to need some "LP Tokens" to enter into a Farm with. Farms can only accept their own exact LP Token; for example, the ALI-BNB Farm will only accept ALI-BNB LP Tokens.
To get the exact LP Token, you'll need to provide liquidity for that trading pair. So to get ALI-BNB LP Tokens, you'll first have to provide liquidity for the ALI-BNB pair. 1.Go to the farm page here.
2. Connect your Binance Smart Chain Wallet (top-right hand corner).
3. Pick which farm you want to use. For this example, we will pick the ALI-BNB LP farm.
4. Go to the exchange page here and click “Add Liquidity”.
5. Select the tokens to add, in this case, BNB and ALI. You need to provide them in a 50/50 ratio vs USD value. For example, you would need to add $10 of BNB and $10 of ALI. Once you are done, click “Supply”.
6. Check the details, click “Confirm Supply” and then confirm the transaction in your wallet.
7. You now have liquidity tokens. Next, go back to the farm page here.
8. Click “Approve” on the farm you want to use and then confirm the transaction in your wallet.
9. Click the “Farm” button to stake your liquidity tokens.
10. Enter the number of liquidity tokens you want to stake and click “Confirm & Farm”, then confirm the transaction in your wallet.
11. Done! Now you are farming ALI tokens! You can harvest them at any time by pressing "Harvest"