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Peanutbutternjelly
@web3peanut
𝐌𝐎𝐑𝐄 𝐔𝐏𝐃𝐀𝐓𝐄𝐒 𝐎𝐍 𝐄𝐋𝐈𝐗𝐈𝐑: How to maximize your rewards by earning Elixir’s highest 15x potion multiplier and CRV gauge incentives through liquidity providing (LPing) with staked Elixir’s stELX
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Peanutbutternjelly
@web3peanut
1. Get ELX and stELX Tokens: • Purchase ELX tokens through supported exchanges. • Stake your ELX tokens via Elixir’s staking platform to receive stELX tokens.
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Peanutbutternjelly
@web3peanut
2. Provide Liquidity on Curve Finance: • Visit https://curve.fi/dex/ethereum/pools/factory-stable-ng-390/deposit/ • Deposit equal values of ELX and stELX tokens into the pool to provide liquidity.
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Peanutbutternjelly
@web3peanut
3. Stake Your LP Tokens: • After providing liquidity, you’ll receive Curve LP tokens representing your share in the pool. • Stake these LP tokens in Curve’s gauge to start earning CRV rewards.
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Peanutbutternjelly
@web3peanut
4. Earn Elixir’s Potion Multiplier: • By staking your LP tokens, you become eligible for Elixir’s 15x potion multiplier, enhancing your overall rewards.
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Peanutbutternjelly
@web3peanut
By actively participating in the ELX/stELX liquidity pool on Curve Finance, this strategy allows you to earn both CRV rewards and benefit from Elixir’s highest potion multiplier.
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