This guide will explain how to utilize the derivative product Stability. You can earn rewards by depositing collateral and bonding your ST-LP Tokens in the Arable app.
The derivative product Stability is currently only available in the Avalanche Chain and will soon be available in the Acrechain.
Refer to (Minting) on how to deposit $ACRE as collateral to get $arUSD
Depositing $arUSD to ST-LP Pool
Click on Connect Wallet and pick Metamask
On the bottom of the page, click on the dropdown beside $arUSD and choose which stablecoin you want to Deposit.
Enter the amount of the asset you want to deposit and click Deposit. A signature request will prompt from the Metamask, click on CONFIRM
You will now receive ST-LP Tokens. Click on the Pools Tab to start farming
Click the ST-LP Liquidity Pool
Click the Start liquidity mining button
Enter the amount of LP Token you want to Bond. Approve LP Tokens on Metamask and then click Bond
The bonding process is now complete. You can view your total bonded amount and any rewards you have earned and are pending to be claimed.
To claim rewards in your wallet, click on Claim in the overview. Remember that you have to wait for the next epoch to arrive to start claiming.
When you decide to unbond there is a 14-day unbonding period (tokens are locked) before you can claim them back.
To unbond click on Unbond
You can view the date and time when the tokens are unlocked by clicking Unbondings in the left-side menu.
Click the Withdraw tab
Enter the amount of ST-LP Tokens you want to withdraw. Click the Withdraw button. A signature request will prompt from the Metamask, click on Confirm
Click the Swap button on the Stability Page
Click the dropdown menu on the assets and choose from the assets available for swapping
Enter the amount you want to swap, approve the asset, and then click Swap button. Approve the transaction on Metamask.
By utilizing the derivative product Stability in the Avalanche Chain and soon to be available in the Acrechain, users can earn rewards by depositing collateral and bonding their ST-LP Tokens in the Arable app. By following the simple steps outlined in this guide, you can help fund and stabilize the $arUSD pool and earn $ACRE rewards.