New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Want to participate in LOM liquidity mining but don't know where to start? This guide will help you get started quickly. Currently, the Dragon Vein LP staking pool rewards total 10 million LOM. The entire process actually only takes 5 steps, which I will break down step by step.
**Step 1: Exchange CFX on a Trading Platform**
First, find a trading platform that supports CFX trading pairs, and exchange stablecoins like USDT or USDC for enough CFX. This is your starting capital, so make sure the trading pair has good liquidity and low slippage.
**Step 2: Wallet Preparation and Withdrawal**
Choose a wallet app supporting WEB3 (MetaMask, imToken, etc.), create a new wallet or import an existing one. Get your CFX receiving address, then withdraw CFX from the exchange to this address. The key here is to ensure the address is copied correctly and the network is selected properly.
**Step 3: Swap to Buy LOM**
Connect your wallet to a decentralized exchange like Swappi. Use the DEX to swap your CFX for LOM. A small tip—try to keep the value of both tokens roughly equal, which makes adding liquidity easier later and avoids pairing difficulties during the process.
**Step 4: Add Liquidity to Get LP Tokens**
Go to the liquidity section on Swappi, click on the add liquidity feature. Enter the amount of CFX and LOM you want to invest, and the system will automatically calculate the ratio. After confirming the transaction, your wallet will immediately receive LP tokens—that's your liquidity proof, essential for subsequent staking.
**Step 5: Stake LP to Earn Rewards**
Open the staking platform via your wallet, authorize the connection. Find the staking section, click Max to quickly stake all your LP tokens or manually input a specific amount. After confirming the stake, rewards will automatically accumulate every second. When you want to withdraw rewards, just click to claim.
The whole process may seem complicated, but in practice, it just involves switching between a few apps and doesn't take much time. The key is to carefully confirm each step, especially addresses and authorizations—never make mistakes.