moo4Pool

Create liquidity with a stable4Pool and you can stake in this pool to earn WAGYU

Simply moo4Pool is just the following mooTokens:

  • mooDAI

  • mooBUSD

  • mooUSDT

  • mooUSDC

you mint mooUSD when you deposit any of those following tokens into the WAGYU Toolshed when you've minted mooUSD you have created an automatic interest bearing asset backed by Beefy.Finance.

Prerequisites

  • You must have the mooVault underlying token. For WBNB mooVault, you must have WBNB.

  • You must use a supported wallet, either Metamask or Trustwallet.

Walkthrough

1. Go to Wagyu.Studio and click on “WALLET”

2. Choose your favorite wallet in this version we use Metamask

3. Add the mooToken of your choice to your Metamask wallet

3. Choose which Toolshed vault you want to deposit into, for example, the WBNB v2 Vault

4. Enter the amount of WBNB that you want to deposit, and click APPROVE

5. Confirm the transaction in your wallet and click “DEPOSIT”

Click on 25%, 50%, 75% or 100% or any percentage to deposit the corresponding proportion of your wallet into the Vault.

Or click “Deposit All” if you would like to deposit 100% of the chosen digital asset from your wallet into the Vault. :::info Please note before you make a deposit that there is a 0.1% withdrawal fee. The longer you leave the deposit to earn returns in the Vault, the more likely your returns will exceed the withdrawal fee. :::

6. Receive your mooToken (in this case it would be mooFryWBNBv2)

The mooToken you receive is your share of the mooFryWBNBv2 Vault. The amount of mooFryWBNBv2 in your wallet will remain constant over time but the value of it will increase as the WBNB Vault earns returns. (how does this constant work and what happens if you send mooFryWBNBv2 now)

The amount of mooFryWBNBv2 you receive will be less than 1 per WBNB you deposited because mooFryWBNBv2 is worth more than WBNB.

That's it, once the harvest function is called, you are already earning yield.

Last updated

Was this helpful?