[Guide] How to Yield Farm (App)

ANETA
NEOPIN
Published in
4 min readAug 11, 2022

NEOPIN Yield Farm service has been launched. Please follow the instructions below to use the Yield Farm service on the NEOPIN App.

1. Yield Farm — Deposit

1️⃣ Select the desired Yield Farm product from the home screen or the [Earn] tab.

2️⃣ After reviewing the Yield Farm product information, tap the [Deposit] button.

3️⃣ In the [Deposit] tab, enter the amount you wish to deposit, and agree to the ‘Terms of Use’.

  • To deposit in Yield Farm, you must hold both token pairs displayed on the product.
  • For example, for KLAY — NPT Yield Farm, you must have both KLAY and NPT in your wallet.
  • When entering the deposit amount, if you enter the amount for one token, the required amount of the remaining token will be automatically entered.
  • The quantity is automatically calculated in a 1:1 ration according to the market price of each token at the time.
  • Please make sure to check the ‘Terms of Use’ before making a deposit.

4️⃣ Click the [Deposit] button and proceed with OTP authentication.

5️⃣ Upon completion of OTP authentication, Yield Farm deposit is complete.

📌 The expected APR for Yield Farm is determined by the chain inflation, and changed APR will be updated and displayed in the Yield Farm product information.
📌 Assets deposited in Yield Farm cannot be traded until withdrawal.
📌 Estimated Returns are the estimated values ​​at the time of the request and may differ during the actual deposit process.
📌 After your deposit request, the transaction begins within a few minutes and you will receive a push notification when the deposit is complete. (However, waiting time may occur depending on network congestion.)

2. Yield Farm — Withdraw

1️⃣ Go to [Earn][Yield Farm] and select the product you have deposited from the list.

2️⃣ Click the [Deposit] button to go to the deposit and withdrawal screen.

3️⃣ Select the [Withdraw] tab at the top, enter the amount you wish to withdraw, and agree to the ‘Terms of Use’.

  • Please make sure to check the ‘Terms of Use’ before withdrawing.

4️⃣ Click the [Withdraw] button and proceed with OTP authentication.

5️⃣ Upon completion of OTP authentication, Yield Farm withdrawal is complete.

📌 Estimated Returns are the estimated values ​​at the time of the withdrawal request, and there may be differences during the actual withdrawal.
📌 When withdrawing, asset loss may occur due to changes in the exchange rate.
📌 After your withdrawal request, the transaction begins within a few minutes and you will receive a push notification when the withdrawal is complete. (However, waiting time may occur depending on network congestion.)

3. Claim Rewards

1️⃣ In the [Wallet] tab — [Yield Farm], you can see the details of the product you made a deposit for.

  • In the details, you can check the APR and Claimable Reward of each product.

2️⃣ Click the [Claim] button to receive unclaimed rewards from yield farming.

  • Withdrawal is completed after OTP authentication.

📌 Yield Farm deposit rewards are accumulated immediately after deposit. (Rewards are accumulated in seconds)
📌 Yield Farm rewards can be claimed 24 hours after making a request.
📌 You can only apply for rewards once every 24 hours.

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