EYWA pool via Convex
Last updated
Last updated
Curve inflation is directed to EYWA pools on Convex, and now liquidity providers receive incentives in CRV
For example, the yield in the USDT+EYWA pool is currently as follows:
Base Curve vAPR: 2.69%
CRV vAPR (incl. 2.5x boost): 212.07%
Total vAPR: 214.76%
To achieve this yield, you need to complete a few simple steps:
You can purchase the EYWA token on CEX or DEX. The list of available exchanges can be viewed here: https://www.coingecko.com/en/coins/eywa
or here: https://coinmarketcap.com/currencies/eywa/#Markets
Let’s consider an example of purchasing the EYWA token with USDT on the CrossCurve DEX.
EYWA tokens can be purchased on CrossCurve for any assets available in the app (USDT, USDC, crvUSD, DAI, ETH, BTC etc.)
Attention! Be aware of possible high slippage before making an exchange to avoid loss of funds.
To purchase EYWA with USDT, you need to have USDT in your wallet on the Arbitrum network and ETH in the Arbitrum network to pay for transaction gas in Gwei (gas cost can be checked here - https://arbitrum.blockscout.com/gas-tracker).
Go to https://crosscurve.fi and use the quick link Buy EYWA → Buy on CrossCurve and click Connect wallet
Select the wallet installed in your system and confirm the connection to the application in your wallet
After successfully connecting the wallet, the application will direct you to the EYWA - USDT trading pair on the Arbitrum network. Enter the desired amount for exchange and click Approve USDT
Sign the USDT spending transaction in your wallet
To complete the exchange, click Swap
Sign the exchange transaction in your wallet
Wait for the on-chain transaction to complete
Go to the Liquidity page in the Yield section
In the Choose pool list, select EYWAUSDT pool, the Deposit operation, the Easy mode operation type, and click Next
Enter the amount of EYWA tokens and click Approve EYWA
Sign the EYWA spending transaction in your wallet
To complete the transaction, click Swap
Sign the exchange transaction in your wallet
Wait for the on-chain transaction to complete
Go to the Stake page in the Curve section on https://curve.convexfinance.com/stake and connect your wallet
In the Stake Curve LP Tokens section, select Arbitrum One chain, enter EYWA in the Search pools field and the application will display USDT+EYWA pool
Enter the amount of EYWAUSDT LP tokens and click Approve
Sign the EYWAUSDT LP spending transaction in your wallet
To stake EYWAUSDT LP, click Deposit & Stake
Sign the depositing & staking transaction in your wallet
After the on-chain transaction is completed, the provided liquidity will be displayed in the My Deposits field, and the accrued rewards will be displayed in the Claimable field
