Hey SPArtans. Some of you are staking their plsSPA on Plutus DAO - as single-side (plsSPA) or LP (plsSPA/SPA farm).

08 Apr 2023, 06:10

Hey SPArtans ⚔️ Some of you are staking their plsSPA on Plutus DAO - as single-side (plsSPA) or LP (plsSPA/SPA farm). 💥This is to remind that Plutus DAO has moved their plsSPA/SPA liquidity to Sperax Demeter (Uniswap) from Sushiswap and single staked plsSPA pool got retired. Thus, these positions on PlutusDAO dapp do not generate yield anymore. There are some recos for stakers of Plutus to consider (not a financial advice, do your own research): 🔹 Those who had plsSPA/SPA staked on Plutus 1. Unstake your LP on Plutus, claim rewards if applicable. 2. Exit your LP - withdraw plsSPA and SPA from Sushiwap pool 3. go to Plutus farm on Demeter 4. Make new LP plsSPA/SPA (Demeter/Uniswap) - "add position" and stake it. 5. Get two-token rewards in PLS and SPA - APR ~43%. 🔹 Those who had single-side plsSPA staked on Plutus 1. Unstake your plsSPA, claim rewards if applicable. 2. Check Plutus farm on Demeter composition (current composition is: 1000 plsSPA + 1230 SPA). Ensure you have the same proportion of plsSPA and SPA (you can swap some plsSPA for SPA on Demeter or buy some SPA to match your plsSPA) 4. go to Plutus farm on Demeter and make new LP plsSPA/SPA (Demeter/Uniswap) - "add position" and stake it. 6. Get two-token rewards in PLS and SPA - APR ~43%.