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Phan-Phong

And i already read but don't understand, in sushi LO

core pool, i need to have sushi LP to stake or i stake buy ILV ???

#cryptocurrency #english #illuvium
0

4 ответов

8 просмотров
Dick-Kingz

#slp

0
23.11.2021
Rose-

Providing liquidity for ILV is done via an ILV/ETH Pool on SushiSwap and requires a few different steps compared to staking only ILV. These steps are the following: - You acquire a 50/50 ratio of both ILV and ETH (in $) - You go to: <https://app.sushi.com/add/ETH/0x767FE9EDC9E0dF98E07454847909b5E959D7ca0E> - After approving the contract (if this is your first interaction with it), you stake your 50/50 ratio of ETH and ILV in the pool - You receive SLP tokens (To see them, add the SLP contract address to your wallet: 0x6a091a3406e0073c3cd6340122143009adac0eda) - You go to: <https://staking.illuvium.io/staking/core> - You can now stake your SLP Tokens in the Sushi LP pool just like ILV is staked in the ILV pool. If you never provided LP before though, make sure to understand IL: <https://academy.binance.com/en/articles/impermanent-loss-explained>

0
23.11.2021
Phan-Phong Автор вопроса
Rose
Providing liquidity for ILV is done via an ILV/ETH...

So it mean i must staking from ILV core pool to take SLP then use SLP yo stake on Sushi LP

0
23.11.2021
Dick-Kingz
Phan Phong
So it mean i must staking from ILV core pool to ta...

You can buy ILV and make slp and then stake in slp pool

0
23.11.2021

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