Add Liquidity LABO WBNB LP / LABO BUSD LP
Last updated
Was this helpful?
Last updated
Was this helpful?
As you have noticed, the farms with the highest APY are the ones with:
LABO/WBNB LP (40x Multiplier)
LABO/BUSD LP (40x Multiplier)
In order to farm in these farms, it's needed to previously add liquidity on PancakeSwap. When you are providing liquidity, you also need to be aware of the Risk of Impermanent Loss.
In order to compensate for the risks of Impermanent Loss, farming with those pairs has additional APY.
Go to the following page for LABO WBNB LP https://exchange.pancakeswap.finance/#/add/BNB/0x171401a3d18B21BFa3f9bF4F9637F3691158365A
or this one for LABO BUSD LP
After you supply and the tx are confirmed, you will be able to see the new LP token on your wallet:
The following step is to go: https://thelab.finance/farms
You will need to approve the contract and then you will be able to stake:
Select the amount of LP tokens that you want to stake, confirm and you will be done
As you see, LABO-BNB LP tokens have been already staked, if you want to withdraw them just click on the " - " and you will manage to get them out.
