Stake your PB (🐷,🐷)
Staking allows you to earn PB passively via auto-compounding. By staking your PB with Piggybank-Finance, you receive sPB (staked PB) in return at a 1:1 ratio. After that, your sPB balance will increase automatically on every epoch (8 hours) based on the current APY.
How to Buy PB
Make sure your output currency is PB. You can also copy and paste PB contract address in the output currency field to ensure you are swapping the right token. The PB token address on AVAX is 0x0E75CDb914DdCcA683357dD94d26Caa39BC14B16
You can select any input currency based on your AVAX wallet balance.
Select the amount of PB you want to swap for. Then click "Swap" and sign the transaction
After the Approve transaction has been processed successfully click "Swap" and sign the transaction
You should see PB in your wallet balance now after the swap transaction is successful. If you cannot find it in your wallet, add PB contract address to your wallet
How to Stake
Go to the Stake page of the Piggybank Finance website. Select the "Stake" tab.
Enter amount of PB that you would like to stake in the input field. If you would like to stake all your PB, press "max" button and the input field will be populated with all your available PB balance.
Click "Approve" and sign the transaction
After the „Approve“ transaction has been processed successfully, click "Stake" and sign the transaction.
How to Unstake
Go to the Stake page of the Piggybank Finance website. Select the "Unstake" tab.
Enter the amount of sPB that you would like to unstake in the input field. If you would like to unstake all your sPB, press the "Max" button and the input field will be populated with all your available sPB balance.
Click "Approve" and sign the transaction.
After the "Approve" transaction has been processed successfully, click "Unstake" and sign the transaction
Reading the Info
APY tells you the annualized rate of return based on the reward yield. It takes into account the effect of compounding since sPB rebases exponentially.
TVL measures the dollar amount of all the staked PB in Wonderland.
Current Index allows you to track your gain from staking. The index started from 1 at epoch 0, and increases every epoch. If you staked at genesis (epoch 0) and never unstaked any PB, your balance today would be X times greater, where X is the current index. You can use the index to track your position by marking down the index number when you stake and unstake. You divide the index number when you unstake by the index number when you stake to get the ratio by which your sPB balance has increased.
Your Balance tells you how many unstaked PB are in your wallet. This is the maximum amount that you can stake.
Your Staked Balance tells you how many staked PB are in your wallet. This is the maximum amount that you can unstake.
Next Reward Amount tells you how much sPB you are getting next rebase,
Next Reward Yield tells you how much your sPB balance will increase when the next epoch begins. For example, if you stake 100 PB and the upcoming rebase is 0.5427%, your sPB balance would increase from 100 to 100.5427.
ROI (5-Day Rate) estimates how much your sPB balance will increase after 5 days, if the reward yield stays the same during this period. For example, if you stake 100 PB and the rate is 8.4577%, your sPB balance would increase from 100 to 108.4577 after 5 days.
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