How To Deposit Into GM Vaults
Step-By-Step Guide on depositing into Umami's GLP Vaults
Last updated
Step-By-Step Guide on depositing into Umami's GLP Vaults
Last updated
You'll need to connect your crypto wallet to start using the Vaults.
-> Head over to https://umami.finance/vaults and click on Connect Wallet in the top right of the screen.
-> Select your wallet.
-> Approve the connection.
Connection complete!
Let's deposit $USDC into a GM USDC Vault.
-> Click on GM USDC Vault card on the list.
-> Choose which market you wish to provide liquidity in (ETH backed markets are providing liquidity in 4 different GM pools: XRP, DOGE, LTC, and ETH, while the BTC backed market is providing liquidity in the BTC GM pool).
-> Approve the tokens.
-> Preview your deposit.
-> Click on Deposit.
That's it. You've succesfully deposited into a GM USDC Vault.
If there are $ARB or any other emissions available, a Stake All button will appear above your balance, and you'll have to stake your deposit to earn those.
-> Click on Stake All button.
-> Approve the tokens.
-> Click on Staketo start earning emissions.
-> As soon as you earn some rewards, you can claim them by clicking on Claim rewards
