Introducing our first Uniswap v3 LP Staking Pool for CAL/WETH
To stake in our v3 LP Pool, you need to have provided liquidity for the relevant token, in this case CAL/WETH.
You can provide liquidity on Uniswap v3 by going to: https://app.uniswap.org/pools. There is a guide for the process here.
Once you have provided liquidity you will see the position in your Pools.
Once you have done this, you will receive an NFT from Uniswap, called the Uniswap V3: Positions NFT. This represents your share of the liquidity pool for the token.
When you have this NFT in your wallet, you can head over to https://app.vemp.xyz/v3/pools. If you’re on the main landing page for the dapp, click “V3 Pools” on the sidebar.
You will then be presented with the staking card, where you deposit your LP NFT. It shows the APR, and the IDs of any V3 NFTs you own for that token.
To stake, first click Approve to allow the contract to deposit your NFT. Complete the txn.
Then you can click on the NFT in the left card, and you will see the ID appear in the field above the Stake button.
Click Stake, and then complete the transaction to deposit your NFT into the contract.
That’s it!
You will see your rewards ticking up below, and can click Collect VEMP to claim your rewards.
If you wish to unstake, just click on your NFT again (now in the “Staked NFTs” window) and then click Unstake and complete the transaction. You can unstake at anytime, there is no locking period.
It is worth noting that while your NFT is staked in our pool, you will not be able to claim your LP rewards from Uniswap, however if you unstake your LP NFT, all those rewards will be waiting for you. Uniswap just requires the NFT to be in your wallet to claim the LP fees.
Depositing your NFT in our pool does not give us access to your fees.
We hope everything is clear and concise, and feel free to reach out to any of the team on our twitter or in our telegram and discord.
- VEMP Team
