Staking LP tokens into the gauge
To be able to earn weekly VOLT emissions, users will have to stake the LP tokens they received after adding liquidity.
IMPORTANT – Lockers can attach a veVOLT NFT to gauges to receive a boosted reward rate on deployed liquidity.
Attaching a NFT to a gauge will provide a reward boost on deposits in the corresponding liquidity pool.
The reward boost is subject to a variable rate that depends on several factors including;
Current price of tokens,
Token boosted APR,
VOLT locked in your veVOLT,
% of TVL using veVOLT, and
Total gauge TVL.
When a user stakes LP tokens for the first time, the user has to undergo 2 approvals;
Approve spend of LP Token by Voltswap smart contract
Stake LP tokens in the gauge to earn weekly VOLT emissions
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