Trezor T Guide #3, Activate Liquidity Pool Staking on TBILL.io

Feb 4

5 min read

Trezor T Guide #3, Activate Liquidity Pool Staking on TBILL.io

At this point you have already entered the TFUEL/TBILL liquidity Pool on ThetaSwap.io as seen below.

Note: Liquidity Providers earn a 0.3% fee on all trades proportional to their share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.

To start earning the Static 50% APR, you must Activate Liquidity Pool Staking.

Activating Liquidity Pool (LP) Staking.

Click TBILL.io

Click Staking

Click Connect Wallet

Connect Trezor T to your computer.

Tap to connect

Enter PIN on device.

Touch screen to confirm PIN

Select the Trezor address you want to connect with.

Click Next

Click Connect

Click ON

Click Confirm

Click Allow once for this session.

“Follow instructions on your device”.

Touch Green tick

Touch Green tick

Hold to confirm

“tbill.io says Activation pending”.

Click OK

Activate LP Staking is now ON.

**Stats are delayed up to 20 minutes.

As you are waiting you will notice your MY STATS will partially fill. This is normal.

At the End of the 20 minute waiting period if your MY STATS have not fully populated, Click Page Refresh button in your browser.

The waiting period has elapsed & the full data for MY STATS has populated.

Every 10 mins we look and record a reward event, 144 of them per day. For example if you were providing liquidity in the TFUEL / TBILL liquidity Pool & the price of TFUEL goes up so does the amount of rewards as we look at the $USD price of both sides of the LP when making our APR calculation.

On the Staking page the displayed price of TBILL & TFUEL is weighted over 10mins so that if the market has a move up you get more rewards. In contrast The 24hr volume weighted avg is used for the Rebase function.

TBILL LP Staking Rewards are paid in TBILL Tokens. TBILL Rewards are sent directly to your MetaMask wallet at 00:00 UTC each day.

To fully Compound your LP Staking Rewards to earn extra APY.

You can do so by taking your daily TBILL rewards & matching them with an equal value of TFUEL & then Add Liquidity on ThetaSwap.io . Once done it will automatically reflect in your LP Staking Position (it may take up to 20mins to fully reflect)*. This method done daily will achieve 64.82% APY.

To Partially Compound your LP Staking Rewards to earn extra APY.

Alternatively you can Swap 50% of your TBILL rewards for TFUEL on ThetaSwap.io then Add Liquidity on ThetaSwap.io . Once done it will automatically reflect in your LP Staking Position (it may take up to 20mins to fully reflect)*.

Alternatively some may wish to Swap 100% of their TBILL rewards for TFUEL which can also be done on ThetaSwap.io

If you want to Exit your LP Staking Position completely. You simply Remove your entire Liquidity position on ThetaSwap.io

Alternatively you may also Partially remove liquidity on ThetaSwap.io & still remain ACTIVE in LP Staking.