How to Yield Farm on Curve on Polygon

Polygon aims to provide faster and economical transactions. In this blog post, we will walk through how to yield farm on Curve on Polygon.

Step 1: Head over to the site directly —

Step 2: Connect your wallet, ensuring that it is properly set up to connect to Polygon.

**Note – If you are planning to yield farm, you need to be a liquidity provider on Curve.

Step 3: Click into one of the liquidity pools under the Curve pools section.

Step 4: To deposit liquidity, click on the Deposit tab. Go through the list and select the supported stablecoins to deposit and select how much to deposit (if not maximum) and click Deposit & stake in gauge.

Withdrawing stake

Step 5: By default, the withdrawal option withdraws your LP token into the ratio of the current basket. Alternatively, you can choose to withdraw all into a specific stablecoin of your choice.

Step 6: Click Withdraw (to withdraw) or Withdraw & claim (to withdraw and claim MATIC rewards).

Step 7 (Optional): You can also claim MATIC rewards by using the Claim XXX WMATIC button, which will claim your rewards without unstaking or withdrawing from the pool.

Step 8 (Optional): If you wish to unstake from the gauge, use the Unstake from gauge button — this unstakes your LP token from the gauge and use it elsewhere.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

Website | Twitter | Ecosystem Twitter | Studios Twitter | Reddit | Discord | Telegram

Source :

Leave a Reply

Your email address will not be published. Required fields are marked *