The launch of our V3 Staking vaults is here. With the new V3 vaults now live, please follow the guide below if you need assistance on migrating your tokens from the old staking vaults.
Our old V2 contracts will remain generating rewards for the next 24 hours, after which further rewards will no longer accumulate. This 24 hour grace period is to allow our users the ability to transfer their tokens over without losing on their rewards. If you do not transfer within this 24 hour grace period, there is no penalty — simply migrate your tokens and continue to earn rewards in our new vaults.
What’s new?
Two core changes happened with our vaults:
- BUSD Vault is discontinued. If you have not already pulled your funds from the BUSD Vault you will be unable to locate the vault on our app page. If you need assistance with withdrawing your BUSD from the vault you can reach out to a member of our team.
- V3 vaults with increased rewards. Our V3 vaults come with re-optimized rewards by including the emissions from the closed BUSD vault. To read further about these changes you can read our development update.
You can find our vaults here: https://app.landshare.io/vaults
To begin migrating your tokens to our new vaults you can refer to the steps below:
Step 1:
Navigate to the bottom of our vaults page where you will find our “Inactive Vaults”. From here, you can select “Withdraw” on the corresponding V2, and Auto-compounding V2. This will harvest all your tokens you had staked, plus rewards, in our old V2 vaults.
Step 2:
After withdrawing from Step one, you’ll now have your LAND tokens in your wallet which will allow you to re-stake in our new vaults. In order to re-deposit, please select which vault you would like to stake in: Our auto-compounding vault, or the regular V3 staking vault. Note: The auto-compounding vault has a 2% performance fee, and automatically compounds your rewards while our regular vault requires manual compounding.
Step 3:
Once you’ve selected which vault you would like to stake in, you’ll need to select “Approve” on the bottom of the vault to activate the “Deposit” button.
Step 4:
After approving the staking vaults, you can now deposit in our new V3 vaults! Simply deposit in our new V3 vaults the same way as our V2 experience. Press the “Max” button followed by “Deposit” to quickly deposit all of your tokens in the new vault.
That’s it! If you have any questions or are running into issues, don’t hesitate to visit our Telegram group or email us at admin@landshare.io.
