Skip to content

Latest commit

 

History

History
117 lines (68 loc) · 4.61 KB

migrate-your-stakings.md

File metadata and controls

117 lines (68 loc) · 4.61 KB
Raw
description
Migrate your farms and pools staking to the new PancakeSwap MasterChef

Migrate Your Stakings

ICYDK: you are currently reading the "tutorial" mentioned in this banner

In order to keep earning staking rewards, you will need to migrate your farms and pools staking to the new MasterChef. Relax, it's gonna be easy.

{% hint style="info" %} But wait! Do I need to migrate?

You need to migrate if you are:

  • Farming on PancakeSwap Farms.
  • Staking in PancakeSwap CAKE Syrup Pools (Manual, Auto, IFO).

*other Syrup Pools aren’t affected {% endhint %}

How to migrate?

At the time of the migration, Chefs will deploy a step-by-step helper to walk you through the process

1. Navigate to the migration helper

Go to https://pancakeswap.finance/migration, and connect your wallet.

2. Unstake from the old farms

There are two steps in the migration helper. In the first step, you should see a list of three CAKE syrup pools and farms you are currently staking.

Click "Unstake All" on each of the farms and pools to unstake all your assets.

After unstaking, click "Go to Stake" to proceed to step 2.

3. Stake your LP tokens and CAKE into the new farms and pools.

Here you should see the brand new CAKE syrup pool and the new farms. Before staking, you will need to enable them.

Click "Enable" to enable staking on each of the farms and the CAKE syrup pool. If you are using a mobile device, please click the “v” (downward arrow) to expand the card while looking for the "Enable" button.

After enabling, you will be able to start staking in the pool and farms.

{% tabs %} {% tab title="CAKE Syrup Pool" %}

For CAKE syrup pool. Please:

  1. Click "Flexible" under the "Stake CAKE" section.
  2. Enter the amount of CAKE you want to stake.
  3. Click "Confirm".

{% hint style="info" %} The locked (fixed-term) staking option will become available a few days after the migration. You will be able to convert your flexible staking position to a locked one. To learn more about the new CAKE syrup pool with fixed-term staking, please check out this doc. {% endhint %} {% endtab %}

{% tab title="Farms" %}

For farms, please:

  1. Click "Stake".
  2. Enter the amount of LP tokens you want to stake.
  3. Click "Confirm" {% endtab %} {% endtabs %}

4. Done!

You are now staking in the new MasterChef and continue earning CAKE rewards! Click "Finish" to go back and explore some other great products PancakeSwap offers.

Migration Timeline

Make sure to follow our Twitter or Telegram announcement channel for detailed timing and the latest updates! Need any help? Learn more about how to reach for help here.

FAQ

When will it finish?

Migration will take several hours, but it should be totally finished upon the launch of the migration helper page. Follow our Twitter or Telegram announcement channel for the latest updates!

When must I migrate?

  1. You will be able to migrate at any time. There’s no time limit.
  2. It’s better to migrate sooner so you can continue to earn rewards from farms and pools.

I don’t see the migration helper!

It will only be deployed once smart contract deployments and configurations are completed. It could take serval hours. Follow our Twitter or Telegram announcement channel for the latest updates!

Why lock staking is not available?

SOON! To achieve a smooth migration. Lock (fixed-term) staking will be enabled a few days after the migrations.

I can't find my farms in the migration helper!

It might be due to the farm being discontinued before the migration. Please:

  1. Go to Farms.
  2. Choose “Finished” at the top of the farm list.
  3. Click “Check out v1 farms” to look for your farm.