How to use Oak barrel
Learn how to add and remove LP Tokens into a Oak barrel
Last updated
Learn how to add and remove LP Tokens into a Oak barrel
Last updated
You need a little setup before earning profits with Oak Barrel.
To farm with Oak Barrel you need LP Tokens matching with the Farm. For instance, you can farm on a BUSD-CORK farm when you have BUSD-CORK LP tokens.
If you don't have LP tokens, visit here to know how to add a liquidity pool and get LP tokens.
Let's get started with these easy following steps.
Before you proceed, you'll want to choose a Farm that's right for you. Visit the Oak Barrel page and you’ll see a list of available Farms.
When you find a Farm that you'd like to use, note down the trading pair, e.g. CORK-BUSD in case you need it later.
Now that you have your LP Tokens, you’re ready to start staking them on a Farm and earning profits!
Go to the Oak Barrel page and locate the exact Farm you have LP tokens and want to farm.
When you’re ready, click the Enable button and confirm your action in your wallet.
2. Click Stake LP and a new window will appear.
Type the amount of LP Tokens you would like to farm with into the field, or just click Max to use all of your LP Tokens.
3. When you have the amount entered, the Confirm button will light up. Click it. Your wallet will ask you to confirm your action.
4. After a short wait, the window will close, and you will see your new staked LP Token balance in the details.
You can add more LP Tokens to a Farm at a later date or take some out of a Farm do this very easily whenever you'd like.
Return to the Oak Barrel page. At the top of the page, you'll see a Staked only toggle. Click the toggle.
You should now only see the pairs you have LP Tokens in on the list, making it easier to find your Farm.
2. Find the Farm you have LP Tokens in, and click the row to view details. You will see a - and + button on the right-hand side. Click - to remove LP Tokens, or + to add more LP Tokens.
3. A window will open that looks like the one you used earlier to first stake your LP Tokens. Like last time, type the amount you would like to unstake/stake, or click Max to remove/add all available LP Tokens.
4. Make sure your information is correct. When you are ready, click the Confirm button and confirm the action in your wallet.
5. After a short wait, your new balance will show in the details section of your LP Token pair. If you've unstaked your LP Tokens, any unharvested rewards you had will automatically have been collected.
Farming will bring you CORK rewards over time. You can collect these rewards and use them to get more LP Tokens, stake them in Champagne, use them to play the lottery, or anything else you’d like.
You can harvest both your Oak Barrel and Champagne rewards together from the Home page. If you'd like to collect your Oak Barrel rewards only, please follow the steps below.
To collect your rewards, you’ll need to visit your chosen Farm and collect the CORK waiting for you.
Return to the Oak Barrel via our menu to the left of the Winery site.
2. Find the Oak Barrel you staked your LP Tokens in, and click the row to view details. You should see an estimate of your rewards under “Cork earned”.
3. Click the Harvest button and confirm the action in your wallet.
After a short wait, the CORK will be claimed to your wallet for you to use as you like.