How do I start farming?

Written by Martin J. Maddox
Updated 2 months ago

Farming by design is a solution that makes DeFi easy and efficient. It is not much different from staking assets in a usual liquidity pool with some additional benefits (extra rewards).

To start farming you will need to follow these simple steps:

  1. Connect your wallet to QuipuSwap.
  2. Open the Farming tab.
  3. Pick the farm you want to participate in and click Select.
  4. To stake a single asset, jump directly to point 6.
  5. Staking an LP pair will take an extra step. First, you will have to gain LP tokens by adding liquidity to the corresponding QuipuSwap liquidity pool as shown here: https://madfish.crunch.help/quipu-swap/how-to-add-liquidity-to-the-existing-liquidity-pool-on-quipu-swap
  6. Enter the amount of tokens you want to dedicate to a farm.
  7. Click Stake.
  8. Before you click Yes, acquaint yourself with any extra rules this specific farm abides by.
  9. Confirm the transaction in your wallet.
  10. It is done. Check and collect your claimable rewards as the farming period continues.

Other things to consider:

- When staking in a Tez/Token farm you will have to vote for a baker [1].

When in doubt, vote for a popular option.

- Tez/Token staking pages all have a direct link to QuipuSwap swap page to replenish your token balance [1] and to a corresponding liquidity pool [2] where you can add liquidity, gain LP and start staking on a farm.

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