Stake Your WAGMI (🀝, 🀝)
Staking allows you to earn WAGMI passively via auto-compounding. By staking your WAGMI with Euphoria, you receive sWAGMI (staked WAGMI) in return at a 1:1 ratio. Your sWAGMI balance will then begin to increase automatically at every epoch (8 hours) based on the current reward yield.
The WAGMI address on Harmony is 0x0dc78c79b4eb080ead5c1d16559225a46b580694.
The sWAGMI address on Harmony is 0xf38593388079f7f5130d605e38abf6090d981ec2.

How to buy WAGMI

WAGMI can be purchased on ViperSwap on Harmony.
1) Visit ViperSwap​
2) Ensure that WAGMI is the output token. You can also copy and paste the contract address (0x0dc78c79b4eb080ead5c1d16559225a46b580694) to ensure that you are purchasing the correct time.
3) You can select any input currency, however at the moment, DAI and UST have the best liquidity to minimize price impact.
DAI can be purchased on SushiSwap or Curve.
UST can be purchased on ViperSwap, SushiSwap, or by bridging from Terra​
4) Select the amount WAGMI you wish to swap for. Then click "Approve" and sign the transaction.
5) Once approved you can now click "Swap", sign the transaction, and you will now have WAGMI in your wallet. If you do not see WAGMI in your wallet please the WAGMI contract address to your wallet.
Note: The "Approve" transaction is only needed the first time you swap. Subsequent attempts will allow you to swap immediately.

How to Stake

1) Visit the stake page of Euphoria​
2) Enter the amount of WAGMI that you would like to stake into the input field. Pressing the "Max" button will allow you to stake your entire balance.
3) Click "Approve" and sign the transaction
4) Click "Stake" and sign the transaction. You should now have sWAGMI in your wallet and will begin earning rebase rewards! 🀝, 🀝
Note: The "Approve" transaction is only needed the first time you stake. Subsequent attempts will allow you to stake immediately.

How to Unstake

1) Visit the stake page of Euphoria​
2) Enter the amount of sWAGMI that you would like to unstake into the input field. Pressing the "Max" button will allow you to unstake your entire balance.
3) Click "Approve" and sign the transaction
4) Click "Unstake" and sign the transaction. You will now have regular WAGMI in your wallet.
Note: The "Approve" transaction is only needed the first time you unstake. Subsequent attempts will allow you to unstake immediately.

Reading the Data

  • APY tells you the annualized rate of return based on the reward yield. It takes into account the effect of compounding since sWAGMI rebases exponentially.
  • TVL measures the dollar amount of all the staked WAGMI in Euphoria.
  • 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 WAGMI, 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 sWAGMI balance has increased.
  • Your Balance tells you how many unstaked WAGMI are in your wallet. This is the maximum amount that you can stake.
  • Your Staked Balance tells you how many staked WAGMI are in your wallet. This is the maximum amount that you can unstake.
  • Next Reward Amount tells you how much sWAGMI you are getting next rebase,
  • Next Reward Yield tells you how much your sWAGMI balance will increase when the next epoch begins. For example, if you stake 10 WAGMI and the upcoming rebase is 0.7366%, your sWAGMI balance would increase from 10 to 10.07366.
  • ROI (5-Day Rate) estimates how much your sWAGMI balance will increase after 5 days, if the reward yield stays the same during this period. For example, if you stake 10 WAGMI and the rate is 11.6379%, your sWAGMI balance would increase from 10 to 11.16379 after 5 days.