Lend & Stake
Last updated
Last updated
Here, we provide a step-by-step guide on how to lend your assets to earn maximum yield.
Lend Assets and Receive ibTokens Staking ibTokens
Go to the Lend page
Connect your wallet (such as MetaMask). Make sure your network is set to intended chain (i.e. BNB chain, Fantom). Click here if you do not have it set up.
Click Deposit on the desired asset pool
Specify the amount you want to deposit and click Confirm
After clicking Confirm, you should get a pop-up notification in your MetaMask to accept the transaction. Click Confirm and wait for the transaction to be processed. You may have to do this twice in order to confirm an approval if it's your first time depositing this asset.
Once the transaction has gone through, you should automatically receive ibBNB in your wallet if you deposited BNB, or ibBUSD if you deposited BUSD.
Go to the Stake page
Click on the desired staking pool
Specify the amount of tokens you want to stake and click Stake
After clicking Stake, you should get a pop-up notification in your MetaMask to accept the transaction. Click Confirm and wait for the transaction to be processed. You may have to do this twice in order to confirm an approval if it's your first time staking this asset.
You are now earning ALPACA rewards!
As per emission schedule, ALPACA emission rewards have now concluded. Thus, the above "Staking ibTokens" step will not generate any ALPACA rewards. This step is only a reference before it is ended.
The guide above is NOT applicable to ibALPACA. Please follow the guide to stake ALPACA in the Governance Vault to earn protocol revenue sharing and rewards from our partners here.
