Migrating to a Reward Vault
Migrating your V2 pool LP token and/or your Island Shares from a Farm to a Reward Vault.
Last updated
Migrating your V2 pool LP token and/or your Island Shares from a Farm to a Reward Vault.
Last updated
Throughout the lifecycle of many V2 and Island pools, it's common for a pool to transition from offering Farm rewards to being whitelisted for a Proof of Liquidity Reward Vault. When this happens, Kodiak makes it easy for users to seamlessly migrate their positions into the corresponding Reward Vault. Additionally, users with remaining lock-up periods in the original Kodiak Farms will now be able to unstake their positions at this time.
Go to the Specific Pool's Management page
Click on the Liquidity
option within the navigation bar. Within this section, ensure the Top Pools
tab is selected. Click on the specific pool you wish to migrate from a Farm to the Reward Vault.
Click Migrate to Reward Vault
to start the migration process on the respective Pool's management page.
Read the disclaimer and steps detailed in the pop-up and click Start Migration
if you would like to proceed.
Approve the unstaking of the Island Share / V2 LP tokens from the Kodiak Farm.
Approve the Island Shares / V2 LP tokens allowance.
Approve the staking of the Island Shares / V2 LP tokens into the respective Reward Vault.
Congratulations! You have staked your Island Shares / V2 LP tokens into the Reward Vault. You can also claim earned BGT rewards and boost your BGT with the Kodiak Validators within the Kodiak dApp.