๐ฆHow to use Algem's nASTR Farming
Last updated
Last updated
The nASTR Farming โ which we previously referred to as nASTR Liquidity Hub โ is a group of intermediate contracts that replicate our DeFi dApps partnersโ interface on Algemโs app.
Once you have staked your ASTR tokens on Algem and received your nASTR, you can choose one of the available protocols where you want to use your tokens.
At the moment, the four dApps supported by the Algem Adapter Contracts are Sirius Finance, Kagla Finance, Arthswap and SiO2 Finance.
๐จโ๐พSirius Finance๐ฝKagla Finance๐ฅArthswap๐SiO2 Financeโ ๏ธ Warning: It is extremely important to use the adapters developed by Algem when using nASTR tokens with other Defi protocols in order to continue receiving staking rewards. If you use nASTR tokens directly on partner applications such as Arthswap, Sirius Finance, Kagla Finance or Sio2 Finance, you will no longer receive staking rewards.
For all the users farming already with nASTR tokens on Sirius or Kagla Finance, you must stake your Gauge tokens in Algemโs nASTR Farming to keep earning staking rewards.
Choose a dApp in the nASTR Farming section;
Select the deposit option;
Enter the amount of nASTR and ASTR you want to supply;
Select the option to stake LP tokens automatically;
Confirm the action by clicking on โDepositโ and sign the transaction in your wallet.
Option: If you have already provided liquidity on an AMM or staked your LP tokens, you can still deposit your LP or gauge tokens on Algem liquidity hub.
Be sure to claim all your farming rewards before withdrawing your liquidity;
Select the dApp in the farming section that you are using;
Click on the withdraw option;
Enter the amount of LP tokens you want to unstake;
Select the option to withdraw tokens automatically;
Confirm the action by clicking on โUnstakeโ and sign the transaction in your wallet.
Select the dApp in the farming section that you are using;
Click on the โClaim rewardsโ button and sign the transaction in your wallet;
Your rewards will be distributed directly into your wallet
