Stake into a Genesis Pool

A Genesis/Nitro pool can work as an additional reward pool on top of staked positions (spNFTs). If the pair used to create the Nitro pool is incentivized, it will allow the user to earn yield from an active farm and that particular Nitro pool at the same time.

As an example:

  • A - User adds liquidity to ETH/USDB and wraps LP token into staked position (spNFT) (There is an active farm for ETH/USDB, which is an incentivized pair) The staked position in this instance will have yield-bearing properties. Upon depositing staked position to a nitro pool. The user's position will earn rewards from the Nitro pool as well as the yield from the incentivized yield farm.

  • B - User adds liquidity to XYZ/USDB and wraps LP token into staked position (spNFT) (There is no active XYZ/USDB farm for this pair) The staked position in this instance won't have yield-bearing properties. Upon depositing staked position to a nitro pool. The user's position will earn rewards only from the Nitro pool.

A video tutorial on staking in Genesis/Nitro pools is available below, along with descriptions of each element as well as an explanation of 'staked and compatible' positions.

Instructional video

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