Haust Network: Stake & Earn
Last updated
Last updated
The staking process within is designed to offer a seamless and intuitive experience for interacting with liquidity pools, LP-tokens, and staking rewards. This instruction outlines the complete flow, including LP-token issuance, staking and unstaking and reward handling.
Upon adding liquidity to a selected pool, the user is issued a unique LP-token representing their position.
Currency possible create following pools with a full range to get staking rewards:
WETH/USDT, fee tier 0.01%
WBTC/USDT, fee tier 0.3%
USDC/HAUST , fee tier 1,5%
HAUST/USDT, fee tier 1,5%
USDC/USDT, fee tier 0,3%
If the provided liquidity is added to the same token pair but with a different price range, different LP-token will be generated.
The LP-token follows the ERC-721 standard and can’t be added to wallets that do not support this format.
The user is prompted with an option to add the LP-token to their Metamask wallet.
Users can either add or dismiss the prompt — if Metamask is connected, LP-token will be added regardless.
After the liquidity has been successfully added to a pool - LP-token has been issued.
To stake users need to navigate to the respective pool and press the “Stake Position” button.
A confirmation window displays LP-token details and value will appear.
To stake - press “Stake” button.
Upon Staking:
The LP-token is locked in a staking smart contract.
The following functionalities are disabled:
Transfer of LP-token.
Trading on NFT marketplaces.
Additional staking.
Liquidity removal.
Claiming unclaimed fees.
Staked pool status updates to “Staked.”
Bonuses and Rewards:
Bonuses for staking are calculated via:
(User Liquidity / Total Pool Liquidity) * (Elapsed Time / Campaign Duration) * Total Reward
Rewards are shown in a dedicated field with approximate USD value.
User selects “Claim rewards” next to the desired pool.
Upon confirmation:
The staking position is temporarily unstaked.
Rewards are claimed.
LP-token is automatically re-staked.
User clicks “Unstake position” and confirms the transaction.
LP-token becomes usable again:
Can be transferred.
Sold.
Re-staked.
Used to remove liquidity.
Used to collect fees.