Staking
Stake Your BOHM
Staking allows you to earn BOHM passively via auto-compounding. By staking your BOHM with BOHM.MONEY, you receive sBOHM (staked BOHM) in return at a 1:1 ratio. After that, your sBOHM balance will increase automatically on every epoch based on the current APY.
How to Buy BOHM
1. Go to this BOMBSWAP swap page. BOMBSWAP is the main DEX on BOMB Chain at time of writing.
2. Make sure the output currency is BOHM. You can also copy and paste the BOHM contract address below into the output currency field to ensure you are swapping for the right token.
3. You can select any input currency based on your available wallet balance. It is recommended to use BOMB as the input currency to minimize the slippage.
4. Select the amount of BOHM you want to swap for. Then click "Approve" and sign the transaction.
5. After the "Approve" transaction has been processed successfully, click "Swap" and sign the transaction.
6. You should see BOHM in your wallet balance now after the swap transaction is successful. If you cannot find it in your wallet, add the BOHM contract address to your wallet manually.
:::info The "Approve" transaction is only needed when you swap OHM for the first time; subsequent swapping only requires you to perform the "Swap" transaction. :::
How to Stake
Go to the Stake page of the BOHM.MONEY website. Select the "Stake" tab.
Enter the amount of BOHM that you would like to stake in the input field. If you would like to stake all your BOHM, press the "Max" button and the input field will be populated with all your available BOHM balance.
Click "Approve" and sign the transaction.
After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction. Voila, you have staked your BOHM!
How to Unstake
Go to the Stake page of the BOHM.MONEY website. Select the "Unstake" tab.
Enter the amount of sBOHM that you would like to unstake in the input field. If you would like to unstake all your sBOHM, press the "Max" button and the input field will be populated with all your available sBOHM balance.
Click "Approve" and sign the transaction.
After the "Approve" transaction has been processed successfully, click "Unstake" and sign the transaction.
Note: The "Approve" transaction is only needed when staking/unstaking for the first time; subsequent staking/unstaking only requires you to perform the "Stake" or "Unstake" transaction.
Reading the Info
APY tells you the annualized rate of return based on the reward yield. It takes into account the effect of compounding since sBOHM rebases exponentially.
TVL measures the dollar amount of all the staked BOHM in BOHM.MONEY.
Current Index allows you to track your gain from staking. The index started from 1 at epoch 0, and increases every epoch. If you staked at genesis (epoch 0) and never unstaked any BOHM, your balance today would be X times greater, where X is the current index. You can use the index to track your position by marking down the index number when you stake and unstake. You divide the index number when you unstake by the index number when you stake to get the ratio by which your sBOHM balance has increased.
Your Balance tells you how many unstaked BOHM are in your wallet. This is the maximum amount that you can stake.
Your Staked Balance tells you how many staked BOHM are in your wallet. This is the maximum amount that you can unstake.
Next Rebase tells you the remaining time until the next rebase.
Reward Yield tells you how much your sBOHM balance will increase when the next epoch begins. For example, if you stake 100 BOHM and the upcoming rebase is 0.5427%, your sOHM balance would increase from 100 to 100.5427.
ROI (5-Day Rate) estimates how much your sBOHM balance will increase after 5 days, if the reward yield stays the same during this period. For example, if you stake 100 OHM and the rate is 8.4577%, your sBOHM balance would increase from 100 to 108.4577 after 5 days.
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