Our farming program for Dynamic AMM (DAMM v1) Pools allows Liquidity Providers, who deposit in Meteora pools, to stake LP token to earn rewards. Rewards come from partners with a maximum of 2 reward tokens for a farming pool. There can be multiple farming pools for a Meteora pool. Farmers should notice on APR and Expiration before staking LP token to a farming pool. Here are steps to integrate with the farming program:

Stake

Deposit into a Meteora pool to receive LP tokens, which represent your share in the pool. Then, stake your LP tokens in a farming pool to start earning rewards.

Claim

If you have staked LP tokens in a farming pool, you can claim up to two different reward tokens provided by the pool at any time.

Unstake

To withdraw from a Meteora pool, first unstake your LP tokens from the farming pool. Once unstaked, you can withdraw your liquidity from the Meteora pool as usual.

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How do I create a new farm?

Farms are permissioned.
1

Open a Discord Ticket

Head to Meteora’s discord and open a ticket.
2

Provide Pool Information

Provide the following information:
  • DAMM v1 pool address or Link to the pool you want to create a farm for
  • Reward A token mint address
  • Reward B token mint address (optional)
  • Reward Duration (in seconds) - We recommend 4 weeks
    Whenever you add rewards it resets the farm duration.
    Once rewards are added into the farm, they cannot be removed. Sometimes, at the end of the farm period, there could be spare rewards remaining due to 0 LP stakers in the farm during the farm period. These remaining rewards can be linearly distributed again if you extend the farm period.
3

Seed the Pool with Rewards

Head to our rewards admin dashboard to seed the pool with the rewards or seed the rewards via the farming ts-sdk.