Adding your SHROOM Rewards to the Liquidity Pool is SHROOMTASTIC!
In my last post, I showed you how to claim and restake SHROOM via staking.
Now let’s go over how you can take your earnings from staking or holding Wonder Game NFT’s and add them to the liquidity pool for additional rewards. First we will browse to Quickswap and connect our wallet.
Next, click swap.
Now choose the pair SHRM/USDC. Click 50% to swap 50 percent of your earned SHRM to USDC so you have a 50/50 split.
Next, confirm the swap.
Now, confirm the transaction in Metamask.
Next, click Pool in Quickswap to add SHRM/USDC to the LP.
Select SHRM and USDC and add the 50/50 amount you want as shown below.
Click Supply and Confirm.
Your Liquidity pool can now be seen here.
Next, browse to Wonder Game and click on Earn | LP Staking.
Select Stake and click Max.
You have now successfully staked your SHRM. You can see your staked balance as shown below:
In this example, to calculate how much SHROOM I will earn, use the following formula:
(Staked Balance) divided by (Total Staked) * (40182.6484)
In the above example, 0.0001 divided by .2002 * 40182.6484=20.07 SHRM per day or 600 SHRM a month / 7200 SHRM per year.