Staking OTM
Stake your OTM (🚀, 🚀)Staking allows you to earn OTM passively via auto-compounding. By staking your OTM with Optimum Treasury, you receive staked OTM in return at a 1:1 ratio. After that, your OTM balance will increase automatically on every epoch (8 hours) based on the current APY.
The OTM address on POLYGON
Stake OTM
How to Buy OTM
Go to this Quickswap swap page.
Make sure the output currency is OTM. You can also copy and paste OTM contract address in the output currency field to ensure you are swapping the right token.
The OTM token address on Polygon is ----
You can select any input currency based on your available wallet balance. We reccomend MATIC-OTM pair for the deepest liquidity!
Select the amount of OTM you want to swap for. Then click "Approve" and sign the transaction.
After the "Approve" transaction has been processed successfully, click "Swap" and sign the transaction.
You should see OTM in your wallet balance now after the swap transaction is successful. If you cannot find it in your wallet, add OTM contract address to your wallet.
Note: The "Approve" transaction is only needed when you swap OTM for the first time; subsequent swapping only requires you to perform the "Swap" transaction.
How to Stake
1.Go to the Stake page of the Optimum Treasury website. Select the "Stake" tab.
2.Enter the amount of OTM that you would like to stake in the input field. If you would like to stake all your OTM, press the "Max" button and the input field will be populated with all your available OTM balance.
3.Click "Approve" and sign the transaction.
4.After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction. Voila, you have staked your OTM!
How to Unstake
1.Go to the Stake page of the Optimum website. Select the "Unstake" tab.
2.Enter the amount of $OTM that you would like to unstake in the input field. If you would like to unstake all your $OTM, press the "Max" button and the input field will be populated with all your available $OTM balance.
3.Click "Approve" and sign the transaction.
4.After the "Approve" transaction has been processed successfully, click "Unstake" and sign the transaction.
Note: The "Approve" transaction is only needed when staking/unstaking for the first time; subsequent staking/unstaking only requires you to perform the "Stake" or "Unstake" transaction.
Reading the Info
APY tells you the annualized rate of return based on the reward yield. It takes into account the effect of compounding since $OTM rebases exponentially.
TVL measures the dollar amount of all the staked OTM in Optimum Treasury.
Current Index allows you to track your gain from staking. The index started from 1 at epoch 0, and increases every epoch. If you staked at genesis (epoch 0) and never unstaked any OTM, your balance today would be X times greater, where X is the current index. You can use the index to track your position by marking down the index number when you stake and unstake. You divide the index number when you unstake by the index number when you stake to get the ratio by which your $OTM balance has increased.
Your Balance tells you how many unstaked OTM are in your wallet. This is the maximum amount that you can stake.
Your Staked Balance tells you how many staked OTM are in your wallet. This is the maximum amount that you can unstake.
Next Reward Amount tells you how much $OTM you are getting next rebase,
Next Reward Yield tells you how much your $CASH balance will increase when the next epoch begins. For example, if you stake 100 OTM and the upcoming rebase is 0.5427%, your $OTM balance would increase from 100 to 100.5427.
ROI (5-Day Rate) estimates how much your $OTM balance will increase after 5 days, if the reward yield stays the same during this period. For example, if you stake 100 OTM and the rate is 8.4577%, your $OTM balance would increase from 100 to 108.4577 after 5 days.
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