How to Use CivFarm
Step-by-step guide to the platform
Staking pools initially available on CivFarm
Each has information displayed for you to view (red underline in above picture):
- “Deposited amount” denotes the total number of tokens deposited into the pool.
- “Yield” denotes your yield from the pool as of the time checked.
- “TVL” denotes the total value locked in the pool at that time (the deposited amount times the market price of that asset at that given moment).
- “APR” denotes the annual percent return.
Once deciding the pool you want to stake your assets in, select the "+" icon to the right of it. This opens the pool up and gives you a little more information about it (particularly in terms of how it relates to your individual wallet, if you already have assets deposited in it).
From the identified pool interface, you can proceed to deposit your tokens using the "Approve to stake" button. Doing so will trigger a prompt by the network seeking approval the first time you attempt to deposit assets into the pool. Approval is essentially you authorizing CivFarm to operate on your behalf with regards to the deposits you make into the pool.
To complete the approval, you will be asked to confirm it with your wallet. Once you have, CivFarm will allow you to proceed with the deposit. To start, select the "Deposit" button.
Once selected, you can enter the amount you want to deposit using the dedicated pop-up.
Next, enter the amount and select "Deposit" to proceed with the deposit. You will then be prompted to confirm the transaction with your wallet.
Once you have, your tokens will be moved from your wallet balance to the "Deposited Amount" section. At this point, CivFarm will begin disbursing $0NE to you based on the APR of the selected pool.
Each time you make a withdraw, the system will automatically proceed to withdraw the $0NE accrued up to that point and they will immediately be visible in your wallet.
From the selected pool interface, you can proceed to withdraw rewards accrued up to that point by selecting the "Claim Rewards" button.
Once selected, you will be redirected to your wallet. Approving the transaction is necessary in order to proceed. Once completed, the tokens accrued will be automatically transferred to your wallet.
From the identified pool interface, you can withdraw your tokens using the "Approve to withdraw" button. This type of approval will only be requested once by the network. It authorizes CivFarm to operate on your behalf with regards to withdrawals of your assets.
To complete the approval, you will be asked to confirm it with your wallet. Once completed, CivFarm will allow you to proceed with the withdrawal. To initiate it, select the "Withdraw" button.
Once you select the "Withdraw" button, you can enter the amount to be withdrawn using the prompt that pops up.
Enter the amount and select "Withdraw" to complete the action.
At this point you will be prompted to confirm with your wallet. Once finished, you will see your tokens move from the "Deposited Amount" section to your wallet balance section.
Each time you withdraw, CivFarm automatically proceeds to withdraw the rewards accrued up to that point, making them immediately available in your wallet.
You can use the "import tokens" function on CivFarm to simplify the display of tokens in each pool.
From the identified pool interface, you can import your tokens in your wallet using the "import token" button.
This will allow you to see only your LP token in your wallet. No gas fees payment is requested to perform this action.
These processes apply to all staking pools available on CivFarm.