Stake your LOBI tokens
Staking allows you to earn LOBI passively via auto-compounding. By staking your LOBI with Lobis, you receive sLOBI (staked LOBI) in return at a 1:1 ratio. After that, your sLOBI balance will increase automatically on every epoch (8 hours) based on the current APY.

How to acquire LOBI

Besides benefiting from the Bonding feature to purchase LOBI at a discount. You can also buy LOBI from the open market at market price:
  1. 1.
    Go to this Sushiswap swap page.
  2. 2.
    Make sure the output currency is LOBI. You can also copy and paste LOBI contract address in the output currency field to ensure you are swapping the right token.
  3. 3.
    You can select any input currency based on your available wallet balance. We recommend LOBI-OHM pair for the deepest liquidity!
  4. 4.
    Select the amount of LOBI you want to swap for. Then click "Approve" and sign the transaction
  5. 5.
    After the "Approve" transaction has been processed successfully, click "Swap" and sign the transaction
  6. 6.
    You should see LOBI in your wallet balance now after the swap transaction is successful. If you cannot find it in your wallet, add LOBI contract address to your wallet.
Note: The "Approve" transaction is only needed when you swap LOBI for the first time; subsequent swapping only requires you to perform the "Swap" transaction.

Stake your LOBI tokens

Staking page
  1. 1.
    Go to the Stakepage of the Lobis website. Select the "Stake" tab.
  2. 2.
    Enter the amount of LOBIS that you would like to stake in the input field. If you would like to stake all your LOBIS, press the "Max" button and the input field will be populated with all your available LOBIS balance.
  3. 3.
    Click "Approve" and sign the transaction
  4. 4.
    After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction. Voila, you have staked your LOBIS!

Unstake your LOBIS tokens

Unstaking page
  1. 1.
    Go to the Stake page of the Lobis website. Select the "Unstake" tab
  2. 2.
    Enter the amount of sLOBI that you would like to unstake in the input field. If you would like to unstake all your sLOBI, press the "Max" button and the input field will be populated with all your available sLOBI balance
  3. 3.
    Click "Approve" and sign the transaction
  4. 4.
    After the "Approve" transaction has been processed successfully, click "Unstake" and sign the transaction
Note: The "Approve" transaction is only needed when staking/unstaking for the first time; subsequent staking/unstaking only requires you to perform the "Stake" or "Unstake" 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 sLOBI rebases exponentially.
  • TVL measures the dollar amount of all the staked LOBI in Lobis.
  • 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 LOBI, 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 sLOBI balance has increased.
  • Your Balance tells you how many unstaked LOBI are in your wallet. This is the maximum amount that you can stake.
  • Your Staked Balance tells you how many staked LOBI are in your wallet. This is the maximum amount that you can unstake.
  • Next Reward Amount tells you how much LOBI you are getting next rebase
  • Next Reward Yield tells you how much your sLOBI balance will increase when the next epoch begins. For example, if you stake 100 LOBI and the upcoming rebase is 0.6249%, your sLOBI balance would increase from 100 to 100.6249.
  • ROI (5-Day Rate) estimates how much your sLOBI balance will increase after 5 days if the reward yield stays the same during this period. For example, if you stake 100 LOBI and the rate is 8.4577%, your sLOBI balance would increase from 100 to 108.4577 after 5 days.