This guide helps you get started using the APY.Finance platform and discover all the amazing things you can do.
For secure connections and safe transactions, the platform supports Metamask. Before you begin make sure you have Metamask installed: https://metamask.io/download.html
The Home page shows you the core functionality available in the platform, such as Earning Yield, and Earning Rewards for providing liquidity to the Balancer or Uniswap liquidity pools. High level information about the platform, such as the Total Value Locked (TVL), Annual Yield, and number of Active Strategies are displayed here as well.
Press the Earn Yield button at the top of the Home Page to go to the Yield farming section of the platform. You can use stablecoins including DAI, USDC, or USDT to earn yield from our active strategies.
To deposit stablecoins into APY and begin earning yield, you must select one of the supported stablecoin options: DAI, USDC or USDT token on the deposit form.
To Enable deposits, press the Enable button at the bottom of the form, and complete the transaction on Metamask.
Once enabled, you will have the ability to deposit the stablecoin of your choice into the platform, and earn yield. Enter the amount you wish to deposit, and press Deposit, and complete the transaction on Metamask.
Overtime, you will earn yield for the stablecoins that you deposit into the system. You can claim the rewards you earn at any time. To claim your rewards, scroll towards the bottom of the Yield page, and on the right side you will see a total number of claimable APY.
To claim rewards, press the Claim APY button, and complete the transaction on Metamask.
Once you're ready to withdraw the stablecoins you deposited into the platform, you can return to the Yield page, switch to the Withdraw form, and withdraw the appropriate amount out of the platform.
Note: for users withdrawing large amounts of deposited stablecoins from the platforms at one time (>10% of the TVL), your transaction may trigger the Reserve Pool Safeguard.
If you have any technical questions, please visit our forum at https://forum.apy.finance/ and search for the answer or send an email to [email protected].
Last modified 1yr ago