How to buy $JOLLY ?
How to Buy AND Stake Your JOLLY (3, 3)
Staking allows you to earn JOLLY passively via auto-compounding. By staking your JOLLY with PirateDAO, you receive ROGER (staked JOLLY) in return at a 1:1 ratio. After that, your ROGER balance will increase automatically on every epoch (8 hours) based on the current APY.
The ROGER address on Avalanche is 0x30ff717fc266f2dcb3adc1af4043f8c517491e66.
How to Buy $JOLLY
Go to this TraderJoe swap page
Make sure the output currency is JOLLY. You can also copy and paste JOLLY contract address in the output currency field to ensure you are swapping the right token. The JOLLY token address on Avalanche is 0x30ff717fc266f2dcb3adc1af4043f8c517491e66.
You can select any input currency based on your available wallet balance. We recommend MIM-JOLLY pair for the deepest liquidity!
Select the amount of JOLLY you want to swap for. Then click "Approve" and sign the transaction.
After the "Approve" transaction has been processed successfully, click "Swap" and sign the transaction.
You should see JOLLY in your wallet balance now after the swap transaction is successful. If you cannot find it in your wallet, add JOLLY contract address to your wallet.
Note: The "Approve" transaction is only needed when you swap JOLLY for the first time; subsequent swapping only requires you to perform the "Swap" transaction.
How to Stake
Go to the
Stakepage of the PIrateDAO website. Select the "Stake" tab.Enter the amount of JOLLY that you would like to stake in the input field. If you would like to stake all your JOLLY, press the "Max" button and the input field will be populated with all your available JOLLY balance.
Click "Approve" and sign the transaction.
After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction. You have staked your JOLLY!
How to Unstake
Go to the
Stakepage of the PirateDAO website. Select the "Unstake" tab.Enter the amount of ROGER that you would like to unstake in the input field. If you would like to unstake all your ROGER, press the "Max" button and the input field will be populated with all your available ROGER 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.
Understanding the info
APY tells you the annualized rate of return based on the reward yield. It takes into account the effect of compounding since ROGER rebases exponentially.
TVL measures the dollar amount of all the staked JOLLY in PirateDAO.
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 JOLLY, 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 ROGER balance has increased.
Your Balance tells you how many unstaked JOLLY are in your wallet. This is the maximum amount that you can stake.
Your Staked Balance tells you how many staked JOLLY are in your wallet. This is the maximum amount that you can unstake.
Next Reward Amount tells you how much ROGER you are getting next rebase,
Next Reward Yield tells you how much your ROGER balance will increase when the next epoch begins. For example, if you stake 100 JOLLY and the upcoming rebase is 0.5427%, your ROGER balance would increase from 100 to 100.5427.
ROI (5-Day Rate) estimates how much your ROGER balance will increase after 5 days, if the reward yield stays the same during this period. For example, if you stake 100 JOLLY and the rate is 8.4577%, your ROGER balance would increase from 100 to 108.4577 after 5 days.
Last updated