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7/1/2020

liquidity mining: Curve Finance sUSD LP Token (Synthetix)

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Please check previous post if you don't know anything about Synthetix. 
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You should have sUSD if you have been staking Synthetix and sitting in your wallet doing nothing aside from Mint and Burn to adjust the collateralization ratio unless you are a trade on their platform. 

This is to stake sUSD via Curve

1: Go to
https://beta.curve.fi/susdv2/deposit
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2: Click "Deposit and stake" and accept few to several transaction on your wallet
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.
.

Done!

You can check your staking at https://mintr.synthetix.io/
And click LP REWARDS
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After a week of staking sUSD via Curve LP.
1105.96 USD staking
1.88 SNX reward
1.88 SNX x 2.84 (Current SNX USD price) = 5.34 USD
5.34 / 1105.96 USD staking USD x 100 = 0.48% per week as of July 2020
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Finally to exit and withdraw the staking.
3: Click EXIT: CLAIM & UNSTAKE
It will return your staking with "Curve LP"
Therefore you will need to switch back to sUSD
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In order to do that:
4: Go to

​https://beta.curve.fi/susdv2/withdraw
You can see the screenshot above and  click "withdraw".
Popup window or your hardware wallet will as you to confirm the transaction few times same as when you staked.
The top box "Share of the liquidity (%)" should be 100 if you want to withdraw all.

Done!

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