Lynn BrookeGetting Started with Rabby Wallet Mobile App
After familiarizing yourself with installing and starting the Rabby browser extension and the Rabby Desktop app, it's time to explore the Rabby Wallet's mobile application. Expanding the Rabby Wallet ecosystem to mobile devices enhances accessibility and convenience for managing digital assets on the go. This guide will specifically focus on importing a MetaMask address and adding a watch-only address. Quick Safety Tip for Mobile Wallets: When using mobile wallets, consider keeping ...
Lynn Brooke40 Acres - Overview
40 Acres introduces a new era of utility for veNFT holders, going beyond voting to unlock liquidity, automation, and passive income. Designed for users of veAERO and veVELO, this protocol enhances the way you interact with your locked assets - allowing you to borrow against them, automate compounding of rewards, and earn through lending. 🔍 What you will find in this article:What you need.Borrowing with veNFTs (without liquidation risk).How auto-compounding works.Earning yield through USDC le...
Lynn BrookeBridging xVELO to VELO: A Simple Guide
With Velodrome expanding as the Superchain hub, it has introduced xVELO as the token for non-Optimims networks like Ink, Soneium, and Mode. However, if you are looking to convert xVELO into VELO on Optimism, this guide will walk you thorugh two methods to get it done efficiently. 📌 What you will find in this article:How to swap xVELO to VELO using Velodrome’s native swap feature.How to use vFAT Tools as an alternative method.Useful tips for a smooth conversion process.✅ What you need:A walle...
✨Lynn Brooke exploring DeFi's world✨ Here I share simple how-to's from my experiences, easing the way for fellow DeFi explorers
Lynn BrookeGetting Started with Rabby Wallet Mobile App
After familiarizing yourself with installing and starting the Rabby browser extension and the Rabby Desktop app, it's time to explore the Rabby Wallet's mobile application. Expanding the Rabby Wallet ecosystem to mobile devices enhances accessibility and convenience for managing digital assets on the go. This guide will specifically focus on importing a MetaMask address and adding a watch-only address. Quick Safety Tip for Mobile Wallets: When using mobile wallets, consider keeping ...
Lynn Brooke40 Acres - Overview
40 Acres introduces a new era of utility for veNFT holders, going beyond voting to unlock liquidity, automation, and passive income. Designed for users of veAERO and veVELO, this protocol enhances the way you interact with your locked assets - allowing you to borrow against them, automate compounding of rewards, and earn through lending. 🔍 What you will find in this article:What you need.Borrowing with veNFTs (without liquidation risk).How auto-compounding works.Earning yield through USDC le...
Lynn BrookeBridging xVELO to VELO: A Simple Guide
With Velodrome expanding as the Superchain hub, it has introduced xVELO as the token for non-Optimims networks like Ink, Soneium, and Mode. However, if you are looking to convert xVELO into VELO on Optimism, this guide will walk you thorugh two methods to get it done efficiently. 📌 What you will find in this article:How to swap xVELO to VELO using Velodrome’s native swap feature.How to use vFAT Tools as an alternative method.Useful tips for a smooth conversion process.✅ What you need:A walle...
Share Dialog
Share Dialog
✨Lynn Brooke exploring DeFi's world✨ Here I share simple how-to's from my experiences, easing the way for fellow DeFi explorers
Subscribe to Lynn Brooke
Subscribe to Lynn Brooke
By supplying assets on Moonwell, you earn rewards that can boost your overall returns. This guide will walk you through the simple steps to claim the rewards you have accumulated from your supply activities, helping you make the most of your participation.
What you will find in this article:
What you need:
Wallet connected: ensure your wallet is properly connected to Moonwell.
Supplied assets: you must have assets already supplied on Moonwell. If you haven’t done this yet, check out my guide “Lending on Moonwell” to know how.
How to claim rewards:
Option A: Claim through the Lend section
1)Navigate to the “Lend” section on Moonwell.
2)At the bottom of the page, you will see two boxes:
You have supplied: displays your supplied assets, with an option to enable them as collateral if you wish to borrow other assets on Moonwell.
Rewards: shows the amount of rewards earned and provides a button to claim them.
Option B: Claim through the Portfolio section
1)Go to the “Portfolio” section, where you can view all the details of your actions on Moonwell.
2)Locate the “Rewards” section and click on the “Claim All Rewards” button to claim all rewards from all your deposits.
💡Note: rewards are provided in Moonwell’s native token, $WELL, and are represented in USD value. The main difference between these two options is that Option A allows you to claim rewards from a single pool, whereas Option B lets you claim rewards from all pools you have participated simultaneously.
Final Thoughts
Claiming your rewards is a straightforward process on Moonwell. By following these steps, you can easily maximize your returns from supplying assets on the platform. If you are looking for more ways to engage with Moonwell, consider exploring other opportunities like borrowing assets or participating in vaults. For more guides, check out my other articles on Moonwell.
Lynn Brooke
This article serves educational purposes and is not financial advice. We encourage you to do your own research and be responsible for your actions in the financial space.
By supplying assets on Moonwell, you earn rewards that can boost your overall returns. This guide will walk you through the simple steps to claim the rewards you have accumulated from your supply activities, helping you make the most of your participation.
What you will find in this article:
What you need:
Wallet connected: ensure your wallet is properly connected to Moonwell.
Supplied assets: you must have assets already supplied on Moonwell. If you haven’t done this yet, check out my guide “Lending on Moonwell” to know how.
How to claim rewards:
Option A: Claim through the Lend section
1)Navigate to the “Lend” section on Moonwell.
2)At the bottom of the page, you will see two boxes:
You have supplied: displays your supplied assets, with an option to enable them as collateral if you wish to borrow other assets on Moonwell.
Rewards: shows the amount of rewards earned and provides a button to claim them.
Option B: Claim through the Portfolio section
1)Go to the “Portfolio” section, where you can view all the details of your actions on Moonwell.
2)Locate the “Rewards” section and click on the “Claim All Rewards” button to claim all rewards from all your deposits.
💡Note: rewards are provided in Moonwell’s native token, $WELL, and are represented in USD value. The main difference between these two options is that Option A allows you to claim rewards from a single pool, whereas Option B lets you claim rewards from all pools you have participated simultaneously.
Final Thoughts
Claiming your rewards is a straightforward process on Moonwell. By following these steps, you can easily maximize your returns from supplying assets on the platform. If you are looking for more ways to engage with Moonwell, consider exploring other opportunities like borrowing assets or participating in vaults. For more guides, check out my other articles on Moonwell.
Lynn Brooke
This article serves educational purposes and is not financial advice. We encourage you to do your own research and be responsible for your actions in the financial space.
<100 subscribers
<100 subscribers
No activity yet