Staking (on Convex)
Last updated
Last updated
Hinkal allows users to discreetly stake Curve LP Tokens on Convex. Similar to Pools, Hinkal uses relayers for all Stake transactions.
First, select the pool you want to stake your assets at. Let's take CRV+crvUSDBTCETH on Polygon as an example.
Deposit
Just like in Convex UI you deposit the desired amount of LP tokens in the pool.
Withdraw
At any time, you can unstake and withdraw your LP Tokens.
Info
You have access to information about the Pool (LP token address, etc).
Claim
Under the 'Claim' tab, you can claim the Convex rewards you have accumulated.
Costs Breakdown
For each transaction on Convex, you get a preview of the costs involved to compensate the Relayer.
Hinkal uses gas stations to accurately predict the gas needed before the transaction is submitted. Press 'ESTIMATE' to get an accurate estimate of the gas costs at the exact point in time.
Last is the Hinkal commission, currently set to 3bps, making Hinkal the lowest-cost zk solution enabling discreet transactions in the market.
For a detailed overview of how Hinkal Staking work, head over to Staking & Yield Farming/Trading. For a detailed overview of Hinkal's fee structure, check out Costs Breakdown.