Earn

Last updated 6 days ago

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Under Earn section you can deposit Yu into stability to earn yields and berries or to use USDC to convert Into YU without slippage.

Stability Pool

Go to the Stability Pool under the Earn section. If you have never staked YU before or have withdrawn all YU, you will see an initial screen where you can stake YU.

Enter the amount of YU you want to deposit (up to 5 decimal places). The system will update your Pool Share and USD equivalent dynamically. Click Submit, confirm the transaction in your wallet, and wait for blockchain confirmation. Once completed, a success message will appear.

Claim Rewards
Over time, Liquidation Gains and Token Rewards will accumulate. Liquidation gain is the collateral gain from the liquidation mechanism. When liquidations happen, then the collateral is distributed based on pool share. Token Rewards are the token reward gain and currently YU reward is distributed based on pool share and is updated every 30 seconds. When they are available, you can click Claim BTC or Claim YU, confirm the transaction in your wallet, and receive your rewards.

Deposit More YU If you want to increase your stake, click Deposit More, enter the amount, and submit the transaction. After confirmation, your new total stake will be updated.

Withdraw YU Click Withdraw, enter the amount (must not exceed your total staked YU), and confirm the transaction. Once completed, your staked balance will be updated.

View Transaction History Click Stability Pool History to see your past deposits and withdrawals, along with blockchain transaction details.

Please note that the Stability Pool is designed to absorb liquidations, meaning that over time, your staked YU may decrease as it is used to cover liquidated positions. However, in return, you will receive liquidation gains in yBTC, which may offset the reduction in your staked YU.

Enter the amount of the source token you want to convert, and the system will automatically calculate the corresponding target token amount. The conversion rate for USDC and YU is 1:1 ratio.
For first-time users, approval is required to allow spending of YUSDC (a mock token for testing purposes) in your wallet.
After confirming, the system will prompt a wallet transaction confirmation, and the smart contract will execute the conversion. A success message will appear once the conversion is complete.
The transaction history section displays conversion details, including time, transaction hash, and amount, sorted in descending order.

Please not that If the conversion amount exceeds 100,000, the excess portion will not be counted toward Berries.

Last updated 6 days ago

Was this helpful?

Under Earn section you can deposit Yu into stability to earn yields and berries or to use USDC to convert Into YU without slippage.

Go to the Stability Pool under the Earn section. If you have never staked YU before or have withdrawn all YU, you will see an initial screen where you can stake YU.

Enter the amount of YU you want to deposit (up to 5 decimal places). The system will update your Pool Share and USD equivalent dynamically. Click Submit, confirm the transaction in your wallet, and wait for blockchain confirmation. Once completed, a success message will appear.

Claim Rewards
Over time, Liquidation Gains and Token Rewards will accumulate. Liquidation gain is the collateral gain from the liquidation mechanism. When liquidations happen, then the collateral is distributed based on pool share. Token Rewards are the token reward gain and currently YU reward is distributed based on pool share and is updated every 30 seconds. When they are available, you can click Claim BTC or Claim YU, confirm the transaction in your wallet, and receive your rewards.

Deposit More YU If you want to increase your stake, click Deposit More, enter the amount, and submit the transaction. After confirmation, your new total stake will be updated.

Withdraw YU Click Withdraw, enter the amount (must not exceed your total staked YU), and confirm the transaction. Once completed, your staked balance will be updated.

View Transaction History Click Stability Pool History to see your past deposits and withdrawals, along with blockchain transaction details.

Please note that the Stability Pool is designed to absorb liquidations, meaning that over time, your staked YU may decrease as it is used to cover liquidated positions. However, in return, you will receive liquidation gains in yBTC, which may offset the reduction in your staked YU.

Enter the amount of the source token you want to convert, and the system will automatically calculate the corresponding target token amount. The conversion rate for USDC and YU is 1:1 ratio.
For first-time users, approval is required to allow spending of YUSDC (a mock token for testing purposes) in your wallet.
After confirming, the system will prompt a wallet transaction confirmation, and the smart contract will execute the conversion. A success message will appear once the conversion is complete.
The transaction history section displays conversion details, including time, transaction hash, and amount, sorted in descending order.

Please not that If the conversion amount exceeds 100,000, the excess portion will not be counted toward Berries.