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How to stake in Devil Finance
Please find bellow the detailed step-by-step instructions on how to interact with Devil Finance
The most important and basic thing you need to interact with any DeFi platform is an external wallet such as MetaMask. This is the place where you will hold all your funds. See the instructions on how to create a wallet here (link).
Once you arrive at Devil Finance website you will need to connect your wallet to the platform. The "Connect wallet" button can be found in the top right corner of the website.
Pay special attention to choose the Fantom network in the wallet as you will not be able to interact with Devil Finance if your wallet is not connected to the Fantom Opera network. How to add Fantom network in MetaMask can be found here(link).
When connecting the wallet to Devil Finance for the first time, you will need to approve that you allow the platform to spend your tokens, basically meaning depositing in and withdrawing from liquidity pool vaults. For the approval you will need to pay a small fee in Fantom token.
Once you have successfully connected the wallet to Devil Finance you can now deposit funds in vaults. You can deposit any single or LP token that you currently hold in your wallet. Instructions on how to create a LP token can be found here.
Devil Finance vaults will distribute rewards in the form of staking tokens and the platform's native token DEVIL. Staking tokens rewards will be automatically added to your balance staked in the vault (compound interest), while you will have to manually collect the rewards of DEVIL. After collecting DEVIL you can stake it in the DEVIL vaults to earn even more interest!
When you decide to withdraw your funds from the vaults, you will need to choose the amount to withdraw and click on the withdraw button.