AAG Staking Instructions
We are just days away from launching our highly anticipated Staking Program. The new contract is currently under audit by Hacken and, once completed, we will finally launch $1AAG Staking, $1AAG/ONE SushiSwap LP Staking, and Genesis NFT Staking for all of our investors. To prepare the community, we prepared a set of instructions for you to follow along and take part in the program. If you want to read more about our Staking Program, feel free to visit our Litepaper or the Help Centre
Make sure to bridge your $AAG tokens to the Harmony (ONE) Blockchain. The bridging process will give you 0.01 $ONE to perform basic transactions. If you need more $ONE to stake your $AAG, contact our Telegram admins for a FREE airdrop.
Step 1 — Navigate to AAG’s Staking Website
Visit staking.aag.ventures. Please ensure you only stake on our official website as there may be several scams trying to steal your funds.
Step 2 — Connect your Wallet
To interact with the staking website, you will need to have a Web3 Wallet such as Metamask or any other wallet through WalletConnect. Simply click any of the Connect wallet buttons on the website to interact your wallet with our website so you can use the website.
Step 3 — Pick a Staking Pool
AAG’s staking program will offer two key staking pools: AAG Staking, and AAG/ONE SushiSwap LP Staking. You can find out more information about each pool in our Litepaper, but for the first year each pool will have the following $AAG Rewards dedicated to the program:
That means you can choose whether to stake your $1AAG Tokens directly, or create LP Tokens through the following SushiSwap link and stake them. More information on the steps for LP Staking will follow below since the rewards are 3x that of single-sided $AAG Staking.
To help decide which pool to choose, you can click on the Details button to reveal aspects of the pool. You can also click on Buy AAG or Get LP to be redirected to SushiSwap for either action. Once ready, hit Stake on your selected pool.
Step 4 — Choose your Lock-up Period
The menu below will pop up to allow you to select your preferred lock-up period for your staking pool. You can choose anywhere between a 2-week minimum lock-up to a 26-week maximum, where your APR boost can be up to 1.5x (Read more in our Litepaper).
Once you’ve selected your lock-up period and entered the amount to stake, hit Approve
Step 5 — Approve the Transaction
Before you can officially Stake, you will need to Approve your wallet to transact a certain amount of $1AAG or LP Tokens with our staking smart contract. This requires a gas payment for each new pool that you want to stake in and each new amount you want to stake, so you will have to approve your wallet to transact with both the $1AAG Staking and LP Staking pools if you wish to do both.
Be sure to double-check the gas payment before you confirm the transaction. Note that after confirming, you may need to wait for a few mins before your transaction is confirmed.
Step 6 — Stake your Amount
Once the Approve transaction is confirmed, you can finally Stake your amount. Enter the amount of $1AAG or LP Tokens you want to stake and hit Stake. Another Metamask popup will appear that will use Gas to transfer your tokens to our staking contract, so be sure to double-check the amount of Gas you are spending!
Step 7 — Congratulations on Staking!
You will now be able to view your Total Staked amount, the amount of Unclaimed Rewards you’ve earned, as well as history for your deposits, claims, and withdrawals! Thank you for staking and trusting AAG, we hope you enjoy the rewards and can’t wait to bring you value in the future.
Note that you will be able to Claim Rewards after your stake unlocks, learn more about the staking program from our Litepaper
Providing Liquidity on SushiSwap for LP Staking
The following instructions pertain to providing liquidity on SushiSwap so you can get LP Tokens to stake on our website. This can be particularly helpful for those unfamiliar with liquidity mining and LP staking.
Note that $SLP on our Staking Website refers to SushiSwap LP Tokens (the LP tokens you recieve when adding liquidity to the AAG/ONE pool. They are NOT to be confused with Smooth Love Potions from Axie Infinity!
Step 1 — Navigate to the Liquidity Pool available on SushiSwap
Our official liquidity pool can be accessed from this link: https://app.sushi.com/add/ETH/0xAE0609A062a4eAED49dE28C5f6A193261E0150eA
Step 2 — Enter the Amounts
To supply liquidity to a liquidity pool, you will need to enter the amount of $1AAG and ONE that you would like to contribute. Note that liquidity pools work in a 50/50 split, so whatever amount of $1AAG you supply must be matched equally in ONE depending on prices at the time. You will then be able to see your share of the total Pool and can then hit Approve
Step 3 — Approve Transaction
Similar to Approving the transaction for our staking website, you will need to interact your wallet with SushiSwap to approve their contract to provide you with LP tokens once you provide two other tokens. This will take a Gas fee so make sure you review the fees before confirming the transaction.
Step 4 — Supply and Confirm Supply
After the Harmony blockchain confirms your transaction, you can click on Supply. You will then get another confirmation screen detailing the amount you are supplying and the total LP tokens you will receive. If everything looks good to you, hit Confirm Supply to interact with your wallet and again confirm another transaction (with Gas).
Step 5 — Stake LP Tokens on AAG Staking Website
After the transaction is confirmed, you will have LP Tokens in your wallet. Don’t worry if you are unable to see the actual tokens there as you may not have imported the LP Token address, but they exist in your wallet if you verify through Harmony Block Explorer.
The next step is to navigate to the AAG Staking website and to stake with our AAG/ONE SushiSwap LP pool. Once the lock-up window opens up, you’ll be able to see your LP tokens and can dedicate some or all of them to our staking contract (See instructions above)
Step 6 — Congratulations on Staking!
Once confirmed and staked, you can sit back and enjoy the rewards for staking your LP token! They are 3x that of single-sided staking to account for the risks involved with providing liquidity, so we appreciate your support for AAG!
If you have any questions about staking, feel free to visit our Help Centre or join our Telegram below. You can also say hi to us at any of the channels below:
Learn About Our Staking Programs and Earn $AAG
Since our staking programs are much more complex than an average one, we feel it’s a good idea for our community to spend some time understanding how they work.
To incentivize our community to learn more about our staking programs, we will award 10 $AAG tokens each to the first 100 people to correctly answer the questions about the programs. The subsequent 900 people will then receive five $AAG tokens each.
Please click here to submit your answers.
