W Chain Website

Farm

What Is WAVE Farm?

  • Network: W Chain (custom EVM network). Gas token is WCO (acts like ETH on W Chain).

  • DEX: W Swap. Liquidity providers receive LP tokens that represent their share of a pool.

  • Farm: WAVE Farm lets you stake those LP tokens to earn WAVE rewards.

Quick Start

  1. Open https://wave.w-chain.com in a desktop browser with an EVM wallet (Rabby is recommended).

  2. Connect your wallet. If prompted, approve adding W Chain to your wallet.

  3. Fund your wallet with some WCO to pay gas fees.

  4. Add liquidity on W Swap Liquidity Pool page to receive LP tokens.

  5. Return to WAVE Farm and stake the LP tokens to start earning WAVE.

Interface Overview

  • Total Value Locked (TVL): Overall value staked in the protocol.

  • Your Farms: Shows your total staked amount, pending rewards, and pool list.

  • Actions:

    • Add Liquidity: Shortcut to W Swap’s liquidity page.

    • Harvest All: Claim all pending WAVE rewards across all pools.

    • Per‑pool actions: Stake / Deposit, Harvest, and Withdraw.

How It Works (LP Staking)

  • You deposit LP tokens (from W Swap) into the farm’s contracts.

  • The farm periodically distributes WAVE rewards to each pool based on allocation (weight/multiplier).

  • Your share of the pool’s rewards depends on your stake relative to total staked LP in that pool.

Add Liquidity on W Swap

  1. Go to https://w-swap.com/#/pool.

  2. Select a token pair (e.g., WAVE/WCO, USDT/WCO).

  3. Provide equal value of each token and confirm the transaction.

  4. After the transaction, you’ll receive LP tokens for that pair.

Tip: Pools with higher multipliers may have higher reward rates but often attract more stakers (see Dilution below).

Stake (Deposit) LP Tokens

  1. On https://wave.w-chain.com, locate the pool that matches your LP token (e.g., WAVE/WCO).

  2. Click Stake or Deposit.

  3. If this is your first time, click Approve to allow the farm to use your LP tokens.

  4. Enter the LP amount to stake and confirm the transaction.

  5. After confirmation, your staked balance appears under the pool, and rewards begin accruing.

Notes:

  • Approval is a one‑time transaction per LP token.

  • Gas fees are paid in WCO. Keep a small buffer for future actions.

Harvest Rewards (Single Pool)

  1. In the pool row, click Harvest to claim your pending WAVE from that pool.

  2. Confirm the transaction in your wallet.

  3. After confirmation, your wallet receives WAVE and the pool’s pending amount resets to 0.

When to harvest:

  • You can harvest anytime. Frequent harvesting increases gas costs; occasional harvesting is more cost‑efficient.

Harvest All (Across All Pools)

  1. Click Harvest All in the top right of Your Farms.

  2. Review the summary (pending WAVE amount) and confirm.

  3. The app sends transactions to claim rewards from all pools you are staked in.

Tip: Harvest All is convenient but may cost more gas overall than harvesting only the pool(s) you care about at the moment.

Withdraw LP Tokens

  1. In the pool row, click Withdraw.

  2. Enter the LP amount you want to remove and confirm.

  3. Your LP tokens return to your wallet; you stop earning rewards on the withdrawn amount.

Common reasons to withdraw:

  • Rebalancing liquidity, reducing exposure, or moving to a different pool.

Reward APR Explained

  • APR is the annualized rate of rewards distributed to a pool, expressed as a percentage of the pool’s total value.

  • It depends on several factors, and therefore changes over time:

    • WAVE emission rate to farms.

    • Pool weight/multiplier (allocation).

    • Total value staked in the pool (TVL).

    • Market price of WAVE and the LP tokens.

Conceptual formula:

Pool APR ≈ (Rewards to pool per year × WAVE price) / Pool TVL

Your personal yield will be close to the pool APR when your share of the pool is small relative to total TVL; harvesting and compounding can move you closer to APY (with compounding) rather than APR (no compounding).

Dilution Risk (Why Your APR Can Drop)

  • Dilution happens when more users stake into the same pool. Your fractional share of rewards becomes smaller.

  • Pools with high multipliers often attract new stake quickly, which can dilute early participants unless they also increase stake.

  • Practical implications:

    • If TVL rises faster than rewards allocated to the pool, APR falls.

    • Your pending rewards accumulate at a slower rate when your share shrinks.

    • To maintain yield, some users harvest and restake (compound), but this requires additional gas and exposes you to IL (impermanent loss) if you adjust underlying liquidity.

Risk tips:

  • Don’t chase APR alone; check pool TVL trends and token volatility.

  • Harvest on a cadence that balances gas cost and reward accrual.

  • Diversify across pools to reduce single‑pool dilution risk.

Fees, Gas, and Costs

  • All transactions (approve, stake, harvest, withdraw) cost gas paid in WCO.

  • Keep a small WCO balance to avoid failed transactions.

  • Liquidity positions on W Swap are subject to DEX trading fees and impermanent loss; the farm rewards aim to offset these but cannot guarantee profit.

Troubleshooting

  • Can’t connect wallet: Ensure your wallet is unlocked and your browser allows wallet connections.

  • Wrong network: Switch to W Chain in your wallet. The site may prompt you to add/switch networks.

  • No LP tokens showing: Confirm you added liquidity to the exact token pair and are on the correct network.

  • Approval error: Try increasing the gas or resetting wallet allowance if an earlier approve was rejected.

  • Stuck transaction: Speed up or cancel from your wallet; then retry.

FAQs

  • What’s the difference between APR and APY? APR ignores compounding; APY includes it. If you harvest and restake regularly, your realized return moves toward APY.

  • Which pool should I choose? Consider multiplier, TVL, token volatility, and your portfolio goals. Higher APR can be short‑lived if dilution increases.

  • Do I need to claim rewards before withdrawing? No. Withdrawing usually harvests or leaves rewards claimable depending on pool contract behavior. When in doubt, harvest first.

  • Is my principal safe? Your LP tokens are staked in smart contracts. Smart contract risk, market risk, and impermanent loss still apply.

Useful Links

  • WAVE Farm: https://wave.w-chain.com

  • W Swap (Add Liquidity): https://app.w-swap.com/#/pool

  • W Chain: https://w-chain.com

Best Practices (Quick Checklist)

  • Keep WCO for gas at all times.

  • Approve only the LP tokens you plan to stake.

  • Monitor APR and TVL; watch for dilution.

  • Harvest on a sensible schedule; consider compounding if it fits your strategy.

  • Review token risks and impermanent loss before adding liquidity.

Disclaimer

This guide is for informational purposes only and does not constitute financial advice. Rewards, APR, and prices fluctuate. Always do your own research and manage risk responsibly.

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