Add/Stake Islands Liquidity
Depositing Liquidity with Kodiak Islands
Last updated
Depositing Liquidity with Kodiak Islands
Last updated
Click on the Liquidity
option within the navigation bar. Within this section, ensure the Islands
tab is selected. This will display a list of all Islands available on Kodiak.
To deposit into a Kodiak Island, begin by clicking on your desired island to navigate to that islands management page.
When depositing into the island, you have the following two options:
Selecting this option will mint Island shares that represent your position in the pool, giving you exposure to a portion of the trading fees within the Island's liquidity range.
Enter Amounts: Select your desired deposit amounts and click Supply
.
Ensure that Deposit Only
is selected.
Approve Token(s): If it's your first time providing liquidity for this island, you will need to approve the token(s) to be used by Kodiak.
Confirm Transaction: Carefully review the details of your transaction, including the token amounts and your estimated shares of the liquidity pool. If it looks good, click Confirm
and approve the transaction in your wallet.
Deposit With Staking:
Selecting this option will mint island shares, and deposit them into the farm where you will earn extra rewards in addition to trading fees for the respective pool.
Enter Amounts: Select your desired deposit amounts and click Supply
.
Ensure that With Staking
is selected.
Approve Token(s): If it's your first time providing liquidity for a particular token, you will need to approve the token to be used by Kodiak.
Select Lock Time: Choose your desired lock-up period. The longer the lock, the higher your reward multiplier will be.
Confirm Transaction: Carefully review the details of your transaction, including the token amounts and your ensuing share of the liquidity pool. Confirm this transaction in your wallet. The transaction should be confirmed on Berachain within a few seconds.
Approve Island Shares: You'll now be asked to approve the Kodiak Island shares you've just minted, so that they can be deposited into the farm.
Confirm Stake: Review the final details and deposit your shares into the farm.
Once you've deposited into a farm, you can view your stakes and their respective time remaining until unlock by navigating to the Unstake
tab.