Avalanche Staking & Farming

I used to do staking in the Avalanche Wallet hot wallet, but now I want to move to the cold wallet for staking. By the way, I switched the platform to TraderJoe because the APY is higher.

I have 80 capsules of AVAX, now divided into two parts, half for farming and half for staking

Staking:

Do staking in Avalanche official wallet

https://wallet.avax.network/

I originally used the AVAX wallet of hot wallet, but now I am connected to Ledger, the address is different, and I have to move there.

Enter AVAX Wallet and connect to Delegate in Earn on the screen. At least 25 AVAX tablets can be Delegate in P chain. If you transfer from CEX to C-chain, there is a cross chain function on the left side of the screen. First transfer to X-chain, then transfer Just go to P-chain.

I used half of it, that is 40 capsules, because I have earned it in hot wallet staking before, so I have 41 capsules for staking.

There are a bunch of validators in it. AVAX's validators are all operating nodes for a specified period of time, so the screen will see the end of the node (End time), staking is on the 21st, choose a node to entrust, and the coins will return to the wallet after the 21st. If you want to continue staking, you need to Do it again manually.

Farming:

Farming at TraderJoe

https://traderjoexyz.com/home#/

TraderJoe is connected to Metamask, so it is necessary to transfer AVAX from Avalanche Wallet to Metamask. In AVAX wallet, it is X-chain, while Metamask is C-chain. Use the cross chain function to convert to C-chain before transferring.

Manually add Avalanche to Metamask

Choose the pair you want in TraderJoe Farm

I chose UST/AVAX

Use half of 40 AVAX capsules, that is, 20 capsules, change to UST, and then change to LP token

After the exchange, see the LP token in the "My pool" of the fund pool

Then go mining:

Right hand side, Stake LP token

Intermediate Harvest

Done, wait for it to grow.