A step-by-step guide to Earning LP Rewards on Cryptex v2

<aside> đź’ˇ TLDR: As a liquidity provider (maker), a user takes the counter position to traders (takers), earning a funding fee + potential taker losses + rewards in the process.

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Earning LP Rewards

  1. To get started, open the Cryptex.Finance dApp and connect your wallet.

    Please ensure your wallet is on the Arbitrum Network.

    Screenshot 2023-06-06 at 12.01.36 PM.png

  2. Once connected, click Provide in the top left corner.

    Screenshot 2023-06-06 at 12.04.04 PM.png

  3. If you have already provided liquidity, go to the next step. If not, click here for a step-by-step guide on how to provide.

  4. Once on the Provide screen, click “Rewards”

    Screenshot 2023-06-06 at 12.04.42 PM 1.png

  5. Enter the amount of TVA you would like to stake and approve the transaction.

    TVA is an IOU token that the vault issues to a user upon providing liquidity that indicates a users vault shares.

    Screenshot 2023-06-06 at 12.05.47 PM.png

  6. Click “Stake” and confirm the transaction.

    Screenshot 2023-06-06 at 12.06.26 PM.png

  7. Success! You will now be earning CTX LP rewards.

    For a step-by-step guide on how to claim your rewards, click here.

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