How to Stake as a Liquidity Provider (Multi-Asset) Using Orion Pool on Orion Terminal
You can follow the same process whether you prefer to use the Ethereum chain or Binance Smart Chain. If you choose the Ethereum chain you will need ETH for gas. If you choose BSC, like in these examples, you will need BNB in your wallet for gas transactions. Always set your wallet network to match the chain you would like to choose on the Terminal.
Make sure your wallet is set up to read Binance Smart Chain if it isn't already (if that is your preferred chain, but it is good to include anyway). You can do that here.
It is important to also have the BSC ORN contract added to your wallet as a custom token on the Smart Chain. Here is the contract address for it:
BSC ORN contract: 0xe4ca1f75eca6214393fce1c1b316c237664eaa8e
If you haven't yet added the ETH ORN contract as a custom token to your wallet, use this:
ETH ORN contract: 0x0258f474786ddfd37abce6df6bbb1dd5dfc4434a
** Please note. Never send your tokens directly to a token contract address or they will be lost forever. The contract address is there to show authenticity of the token contract and to add as a custom token location to your wallet so it can read it.
If you hold ERC-20 ORN tokens and prefer to swap to the BSC version of ORN for cheaper and quicker transactions on the Binance Smart Chain, Binance have their Binance Bridge. This allows you to swap tokens across chains and back easily. You can find that here. You may have to check that it is available in your country for use.
With all that out of the way, let's get started being a Liquidity Provider.
Step One: Connect Your Wallet
Sign in to your MetaMask wallet and choose the Binance Smart Chain network. If this has not yet been set up in the wallet, see our Learn How to Trade on Orion Terminal guide for instructions.
Open the Orion Terminal: trade.orionprotocol.io
On the left panel, choose “Add Wallet“.
Select the Binance Smart Chain Network.
Choose your preferred wallet.
Click the “Pools” icon.
Make sure the Farming tab is open at the top right.
Choose the ORN-BUSD option.
Step 2: Adding Liquidity
Click the “Add liquidity and get LP tokens” button.
Add required ORN. An equal dollar amount of BUSD balances automatically.
Click "Approve" button.
Click “Confirm” to sign the MetaMask transaction.
Click the “Approve” button for the BSC amount.
"Confirm" the MetaMask notification of the fee.
Press the “Supply” button.
- Click “Confirm” on the MetaMask notification.
- Click the “Stake LP tokens and earn button”.
- Click 100%
- Click “Approve”.
- "Confirm" the wallet transaction.
- Click “Stake”.
- “Confirm” the MetaMask transaction.
You have now successfully provided liquidity as a Liquidity Provider on Orion Terminal.
Step 3: Claiming Your ORN.
- Click the “Pools” icon on the left panel.
- Select the pool you wish to claim.
Under the “Your earned” section, you can see the ORN that you have currently accrued.
- To claim this amount, click the “Claim ORN” button.
- Review the details in the MetaMask notification and press “Confirm”.
The claimed ORN amount deposits straight back into your wallet. If you want to add any more liquidity, just repeat the whole process again.
Step 4: Unstaking
To unstake at any time, click the “Unstake” button on your chosen pair in the “Pools” section.
- Press “Confirm” on the MetaMask notification.
- Select “Remove unstaked liquidity”.
- Click "Allow".
“Confirm” on the MetaMask transaction.
- Click “Allow”.
The assets now withdraw back to your wallet.
Learn more below.