Deposit
- 1.
Approve Token or LP:All options will require you toapprovethe token or LP you are depositing, then proceed to deposit.
2.
Deposit:- 1.
Have the LP in your wallet?Enter the amount to deposit or use the percentage buttons to select 25%-100% of that LP in your wallet to deposit.
- 2.
Don't have the LP?Click "Get LP". You will need to make the LP with existing holdings or buy each token and create LP.- 1.Add liquidity if you have the two tokens
- 2.If you have one of the tokens you can zap in (use the existing token to buy the other token in an equal amount). Check the token you have.
- 3.If you have neither token, navigate to
Trade,Swap, and choose which token(s) to purchase. - 4.Navigate back to Bloomify, refresh and
Deposit LP
Accumulators:
- Deposited LP token quantity does not change
- Yield from that LP is sold for the LP you are accumulating
- That LP is deposited in a Bank (autocompounding Vault) that will continue to farm, harvest yield, compound into more LP
- The Bank will continue to compound unless funds are withdrawn
Profit-Takers:
- Deposited LP token quantity does not change
- Yield from that LP is sold for the stablecoin LP you have selected
- The stablecoin LP is deposited in a Bank (autocompounding Vault) that will continue to farm, harvest yield, compound into more LP
- The Bank will continue to compound unless funds are withdrawn
Vaults:
- Deposited LP token quantity will continually increase as yield is sold to buy more of the same LP and added to the deposited amount
Farms:
- Deposited LP token quantity does not change
- Yield from the LP is sold for the token or LP that you are farming for
- That yield sits in your unclaimed side of the farm until you withdraw or claim
Advanced:
- Please see each strategy for an outline of what occurs. You decide how to set up varying % between profit, reinvestment and investing into an additional LP and most strategies are looping (money is moved in seamless cycles between your selections).
Last modified 6mo ago