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Invest in & Stake ALP token

Follow the steps below to invest in & stake in Perp's Liquidity pool (ALP):

Invest in ALP token

  • Step 1: Go to Liquidity page.
  • Step 2: Go to Buy tab.
  • Step 3: Choose the desired token and amount that you wish to invest.
  • Step 4: Click Buy ALP at the bottom. You should get a pop-up from your Web3 wallet (i.e., Metamask) where you'll need to confirm the transaction. You may need to click Approve [Asset] if this is the first time you've invested in ALP with the selected token.
Please note that the Fees that will be incurred when buying ALP token will be based on how deposit will move the pool closer / further from the target composition. You can read more here.

Stake ALP token

  • Step 1: Go to Stake page.
  • Step 2: Go to ALP Staking tab.
  • Step 3: Specify the ALP amount that you want to stake.
  • Step 4: Click Stake at the bottom. You should get a pop-up from your Web3 wallet (i.e., Metamask) where you'll need to confirm the transaction. You may need to click Approve ALP if this is the first time you've staked in ALP.
  • Step 5: All done! You have now invested in the ALP. So you can sit back, relax and earn yields from multiple sources.