pWING Liquidity Mining Guide
This Tutorial is designed for users who use ONTO to add pWING-ETH liquidity on SushiSwap and want to earn pWING rewards by staking their pWING-ETH SLP tokens. Users need to update ONTO to v3.7.0 or higher for this tutorial.
Reminder: Operations such as swapping, adding/removing liquidity, staking, withdrawing, and transferring all require a gas fee of ETH. Please prepare in advance to avoid transaction failures.
1. Download ONTO Wallet
2. Register ONT ID (For first-time users)
Open ONTO. If you have not registered, you need to register a new ONT ID first and backup the mnemonic phrase. When the page displays “Backup Successful”, the registration is complete.
Those who have already registered an ONT ID elsewhere can use their mnemonic phrase to import their ONT ID into the ONTO wallet.
3. Add asset types on the asset page
This tutorial involves 4 asset types, including ETH, SLP, WING and pWING. ETH is displayed on the asset page by default, and the other 3 asset types need to be manually added to the asset page.
Click the plus sign on the Assets page, and then enter the asset type to be searched. Click the plus sign/check on the right side of the search result to add it. After the addition is successful, you can view the added asset type on the asset page.
You can also add an asset by entering its contract address:
WING: 00c59fcd27a562d6397883eab1f2fff56e58ef80
pWING: 0xDb0f18081b505A7DE20B18ac41856BCB4Ba86A1a
SLP Token: 0xBE1E98685fB293144325440C16f69954Ffcb790C
4. Convert WING to pWING
pWING is WING that has been transferred cross-chain from its native Ontology chain to the Ethereum chain. WING can be obtained by participating in Wing projects and transactions. If you already have pWING, you can skip this step.
After opening ONTO, click “Market” at the bottom to enter the market page, click “Swap Now”, enter “WING” in the search box of the pop-up window, and click WING and PWING in turn.
Enter the amount to be exchanged and click “Swap Now.” In the pop-up window, click “Confirm” below to confirm the amount and gas fee. Then, enter your password and click the arrow below. The exchange is successful after completion, and the gas fee is paid in WING. After the exchange is complete, you can check your WING and pWING balances on the Assets page.
If you need to convert pWING to WING, you only need to reverse the transaction and pay a gas fee in ETH.
5. Add pWING-ETH liquidity on SushiSwap
On the Market page, click “Trade”, scroll down the list and select SushiSwap. Click the arrow below in the Disclaimer pop-up window to open the SushiSwap dApp.
On SushiSwap, click “+ Liquidity”, then click “Choose a list” and select “SushiSwap Menu” in the pop-up window. If you have selected another list, click “Change” in the lower right corner to reselect.
Search and select pWING, or you can directly enter the contract address of pWING to add: 0xDb0f18081b505A7DE20B18ac41856BCB4Ba86A1a . Enter the amount of ETH and pWING you want to provide.
Click “Approve pWING”, you can click the small arrow in the pop-up window to adjust the gas fee, paid in ETH. After confirming, click the down arrow, enter your wallet password and click the down arrow again to confirm. Wait for the approval to complete the authorization.
Click “Supply”, then “Confirm Supply” after confirming the information, and click the small arrow in the pop-up window to adjust the gas fee in ETH. After confirming the information, click the lower arrow, enter your wallet password and click the lower arrow again to confirm.
After waiting for a while, you can return to the ONTO Wallet assets page to view the changes in your SLP balance, so as to confirm whether the provision of liquidity is successful.
If you don’t see your SLP balance change, please check for any pending or failed transactions in your address’s transaction history at https://etherscan.io/
6. Stake pWING-ETH SLP to earn pWING rewards
Step 1 Stake pWING-ETH SLP
Search and select “Stake pWING-ETH SLP Tokens” on ONTO’s Discovery page, and then click the arrow in the pop-up window.
Click “Approve” (needed for the first-time use), click the small arrow in the pop-up window to adjust the ETH gas fee. After confirming the information, click the lower arrow, enter your wallet password and click the lower arrow again to confirm. Wait for the approval to complete, which signifies that the authorization was successful.
Click “Deposit”, enter the quantity in the pop-up window, and click “Deposit”. Then click the small arrow in the pop-up window to adjust the gas fee. After confirming the information, click the lower arrow, enter your wallet password and click the lower arrow again to confirm. Wait for the page to display “Transaction Successful” and the pWING-ETH SLP pledge will be completed. If you need to withdraw your pWING-ETH SLP tokens, click “Withdraw” to withdraw the locked pWING-ETH SLP tokens.
Step 2 Withdraw the earned pWING rewards
Click “Claim” under the WING icon. You can click the small arrow in the pop-up window to adjust the gas fee. After confirming the information, click the lower arrow, enter your wallet password and click the lower arrow again to confirm. Wait for the page to display “Transaction Successful” to signify that the withdrawal of your earned pWING will be complete.
Last modified 2yr ago