Harvest Finance is a decentralized finance (DeFi) platform that allows users to earn rewards by providing liquidity to different pools. Harvest Finance has introduced its latest protocol, Harvest 3, which has made it easier for users to deposit and stake their funds. In this tutorial, we will guide you through the process of depositing and staking on Harvest 3.
Step 1: Connect your wallet to Harvest 3
The first step is to connect your wallet to Harvest 3. You can use any wallet that supports Ethereum, such as MetaMask, Trust Wallet, or Ledger. Once you have connected your wallet, you will be able to see your account balance on the Harvest 3 platform.
Step 2: Deposit funds into Harvest 3
The next step is to deposit funds into Harvest 3. To do this, click on the “Deposit” button on the Harvest 3 platform. You will see a list of available tokens that you can deposit. Choose the token you want to deposit and enter the amount you want to deposit. Once you have entered the amount, click on the “Deposit” button.
Step 3: Approve the transaction
After you have clicked on the “Deposit” button, you will be asked to approve the transaction. This is a standard procedure in the Ethereum network, and it allows you to verify that you are the owner of the account and that you want to make the transaction. Click on the “Approve” button to proceed.
Step 4: Confirm the transaction
Once you have approved the transaction, you will be asked to confirm it. This is where you will need to pay the gas fee, which is the cost of processing the transaction on the Ethereum network. The gas fee can vary depending on the network activity, but you can check the current gas fee on websites such as GasNow or EtherScan. Once you have paid the gas fee, click on the “Confirm” button to complete the transaction.
Step 5: Stake your funds
After you have deposited your funds into Harvest 3, you can now stake them to earn rewards. To stake your funds, click on the “Stake” button on the Harvest 3 platform. You will see a list of available pools that you can stake your funds in. Choose the pool you want to stake your funds in and enter the amount you want to stake. Once you have entered the amount, click on the “Stake” button.
Step 6: Approve the transaction
Similar to step 3, you will be asked to approve the transaction to stake your funds. Click on the “Approve” button to proceed.
Step 7: Confirm the transaction
After you have approved the transaction, you will be asked to confirm it. You will need to pay the gas fee again to process the transaction on the Ethereum network. Once you have paid the gas fee, click on the “Confirm” button to complete the transaction.
Step 8: Monitor your rewards
After you have staked your funds, you can monitor your rewards by clicking on the “Rewards” button on the Harvest 3 platform. You will be able to see your current rewards, as well as the total rewards earned from the pool.
Harvest 3 has made it easier for users to deposit and stake their funds. By following the steps outlined in this tutorial, you can deposit and stake your funds on Harvest 3 and start earning rewards. Remember to monitor your rewards and withdraw them when necessary. Always be cautious when dealing with cryptocurrencies and do your own research before investing in any platform.
Source Link :Tutorial: How to Deposit & Stake on Harvest 3/
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