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How to Farm on MiaSwap

As the first AMM protocol on the ONUS Chain platform, MiaSwap is the primary source of liquidity for the entire ecosystem, allowing users to exchange assets with low fees and earn good returns based on provided liquidity.

Farm on MiaSwap is a feature that allows users to stake LP tokens to receive the reward of MIA, thereby increasing passive income with an attractive APR.

Detailed instructions:

Step 1: Connect wallet with MiaSwap

Currently, ONUS Chain has been integrated into RICE Wallet. Users just need to update the latest RICE Wallet version and select the ONUS Chain network.

  • Select the icon in the upper left corner of the screen to select the network
  • Select “ONUS Chain” and select “Back”
  • Select “DApps”
  • Type “miaswap.io” in the search bar to access MiaSwap

Step 2: Provide liquidity

To use the Farm feature, you first need to provide liquidity on MiaSwap.

  • Go to Liquidity and select “Add Liquidity”
  • Select the token pair you want to provide liquidity
  • Enter the number of tokens you want to add

  • Select the settings icon, adjust the slippage (Slippage) and the longest time to complete the transaction (Tx Deadline)
  • Select “Supply” to provide liquidity and receive the corresponding amount of LP tokens
  • Select “Confirm”

Note: The amount of LP tokens you receive will correspond to the number of tokens you provide into the liquidity pool.

Step 3: Farm to earn profit

  • Go to Farm, select “Enable Contract” and select “Stake LP”
  • Enter the amount of LP tokens you want to stake and select “Confirm”
  • Select “Harvest” to withdraw the reward. The reward is constantly updated, and you can withdraw it at any time.
  • You can Stake more by selecting the “+” icon

How to Unstake from Farm

If you no longer want to farm, you can Unstake LP tokens by selecting the “-” icon.

How to withdraw liquidity

Once you have Unstake LP tokens from Farm, you can withdraw the token pair that you have provided liquidity with the following steps:

  • Go to Liquidity, select the Liquidity pair that you have provided liquidity
  • Select “Remove”
  • Enter the amount of LP tokens you want to withdraw or select the percentage you want to withdraw (Example: If you want to withdraw 100% of the number of tokens that have provided liquidity, select 100%)

  • Select the setting icon, adjust the slippage (Slippage) and the longest time to complete the transaction (Tx Deadline)
  • Select “Remove”
  • Select “Confirm”

Note:

  • You will only receive LP tokens corresponding to the pool you have provided liquidity to. Example: If you provide liquidity to the pool “ONUS-MIA” then you will receive only “ONUS-MIA LP” tokens.
  • There will be a negligible fee when you grant access to the wallet and perform the confirmation.