How to start growing your GLP yields faster
This visual guide will show you how to use the Blueberry GLP Compounder
Last updated
This visual guide will show you how to use the Blueberry GLP Compounder
Last updated
To begin, you'll need:
The GLP tokens (on Arbitrum) that you receive after depositing an asset into the GMX liquidity pool. You can become a liquidity provider here
.
A Metamask connected to the Arbitrum network. The official Arbitrum bridge tutorial can be found here
.
NOTE: we're only accepting GLP on Arbitrum, not Avalanche at the moment.
Metamask will ask you to connect your wallet to the labs.seashell.com site.
Select an amount of GLP to deposit and click "Deposit."
Note: Some MetaMask users with the "improved token allowance" testing experience will be able to set a max spending cap for the vault. You can use the default if you like or choose any other number. Any GLP you buy on GMX is automatically staked into sGLP which is the token shown here.
Click "Deposit" again and confirm the deposit.
Your GLP rewards will start compounding at the new, higher rate. You just need to come back to the app and connect your original wallet to view the updated value of your rewards.