Staking external LP tokens on Lista DAO

Step 1: Obtain LP Tokens

Before getting started, you’ll need to acquire the necessary LP tokens. This can be done by adding liquidity on platforms like PancakeSwap. You can do this directly on Lista DAO by following these steps.

1. Head over to Lista DAO’s rewards section, and click on “external” here

2. Click “stake/unstake” on the following LPs that you would like to stake. We will use Pancakeswap’s lisUSD/USDT stable pool LP as an example.

3. On the right hand side, there should be a hyperlink “get lisUSD/USDT LP”. Click on it and it should bring you directly to PancakeSwap’s liquidity provision page.

4. Type in the amount of lisUSD & USDT that you would like to provide liquidity for, and click “Add”, and click confirm the transaction.

5. After adding liquidity, you will receive lisUSD/USDT Stable LP tokens.

Step 2: Stake LP Tokens on Lista DAO

Once you have the LP tokens, the next step is to stake them on Lista DAO:

1. Head back over to Lista DAO’s rewards section, and click on the Pancakeswap lisUSD/USDT LP pool.

2. Enter the amount of lisUSD/USDT Stable LP tokens you want to stake, click approve, followed by stake to confirm the transaction.

3. Now, your LP tokens are locked in Lista DAO, and you’ll start earning rewards.