Hello, today I am doing a little article for you on FRAX.Finance which is a stable algorithmic crypto a bit like AMPL, DSD and SHARE and others. To start we will use ZAPPER.FI, I'll give you the link but you can also use UNI directly.
https://zapper.fi
First you connect with your Metamask wallet and click on the "investment" tab, then look for the pair that interests you, in this example it is "FRAX / USDC.
You choose the amount you want to invest, there I put $ 500 for the example.
1 / You choose the token with which you want to invest (you invest with a single token). And Zap this charge to make the transaction.
2 / You have the summary of your transaction which is indicated.
3 / You confirm.
Once your transaction is confirmed, you go to Coingecko, search for the FRAX token and go to their site.
Once on their site you go to the application.
1 / select the "staking" tab.
2 / You choose your pair.
3 / LP amount
4 / click on "locked"
5 / You choose the duration of the locking (1 week, 1 month ....)
6 / You click on "stake" (I believe there are 2 transactions to be made.)
7 / the summary of your transactions (the duration).
8 / Indication of your L.P
1 / It is to withdraw your profits.
2 / To unlock your staking at the end of the period.
3 / You must indicate the amount of your L.P.
