STEP BY STEP GUIDE ON HOW TO STAKE LOA-BNB TO EARN BANANA
How to Farm with $LOA Tokens on ApeSwap?
$LOA Tokens can be paired with BNB to provide liquidity on ApeSwap to earn $BANANA tokens at an expected APR of 380%.
Here’s how to start earning
First, you’ll need to add liquidity to the LOA-BNB pool.
- Go to the ApeSwap Pools site. Click on or select ‘Add Liquidity’ button.
2. Click on or select ‘Select a Token’ button for the input.
3. Type in ‘LOA’ into the search bar and select LOA in the list.
4. Enter the amount of $BNB and $LOA you want to add to the pool. Every liquidity provider must put in 50% of each token. In this example, 0.1 $BNB is entered into the LOA-BNB LP.
5. Confirm the Approve transaction in your wallet.
6. Next select the ‘Confirm Adding Liquidity’ button to add the liquidity to the LOA-BNB Pool.
7. Confirm the supply of the liquidity you will provide to the pool.
8. To finish adding the liquidity, confirm this last transaction in your wallet.
Now you are an LP in the LOA-BNB pool, congrats!
9. Then click on “FARMS”.
10. Then type LOA in the search function.
11. You will need to click enable to stake the LOA-BNB. You can also see the estimated APR and Liquidity.
12. Once you enable it, you will see “STAKE LP”.
13. Select ‘Max’ or the amount of the LP tokens that you’d like to lock up in the farm. Next, select the ‘Confirm’ button. Then Confirm the transaction in your wallet.
That’s it, now you’re farming $BANANA!