Yield Farming: Meta Pool -> OINDAO -> Ref Farm Tutorial

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OIN Finance

5 min read Dec 24, 2021

With the recent release of the nUSDO, we’ve been celebrating (along with our awesome partners) by giving immense rewards to the users of our platforms!

Check out just HOW you can take your fill by going through this quick tutorial!

For a quick recap of the rewards involved, check out our announcement article here.

There’s quite a few steps to go through the whole process, so skip to the appropriate section (depending on how many platforms you’re already on).

Getting a NEAR wallet
Getting your nUSDO (Meta Pool)
Getting your nUSDO (OINDAO)
Getting your nUSDO (Ref Finance)
Getting your wNEAR (Ref Finance)
Providing liquidity to wNEAR — nUSDO
Staking into the Farm

Tutorial

1.Getting a NEAR wallet

1.You have to connect your wallet to NEAR. Make sure to have your NEAR wallet ready. You can check out their official guide at: https://near.org/blog/getting-started-with-the-near-wallet/

2.Once you have your NEAR wallet, deposit the amount you wish to use in this endeavor ($10,000 worth of NEAR in the infographic above), minimum of 10 NEAR.

2.Getting your nUSDO (Meta Pool)

1.Once you have your NEAR wallet (with NEAR), head over to Meta Pool’s web app at https://metapool.app/dapp/mainnet/meta/

2. Connect your wallet by clicking on “NEAR Web Wallet”. There will be several prompts in this process. Once you’re done, you’ll be taken to the main dashboard.

3. Click on “Stake”, indicated in the red box below ($7,500 worth of NEAR in the infographic above), and follow the prompts.

3.Getting your nUSDO (OINDAO)

1.Head over to our OINDAO at https://near.oin.finance/, and click on “Connect Wallet” in the top right corner.

2.In the “Vault” page (#1), click on the “Borrow” tab (#2), and enter the amount of stNEAR you wish to deposit (3), and click “Confirm” (#4) ($7,500 worth of NEAR in the infographic above).

3.On the same page, input the amount of nUSDO you wish to mint, and click “Confirm” ($2,500 in the infographic above)

4.Once you have the nUSDO, you can either stake in the Stability Pool (shown on left bar), or you can head to Ref Finance to partake in the Farm.

4.Getting your nUSDO (Ref Finance)

1.Head over to Ref Finance (https://app.ref.finance/), and click on “Connect to NEAR” in the top right corner. Follow the prompts to ensure your wallet is connected.

2.Click on the “Deposit” tab up top (#1), click to find the nUSDO (#2), enter the amount you wish to deposit (2,500 nUSDO in the infographic above), and click “Deposit” (#3)

5.Getting your wNEAR (Ref Finance)

1.In the same page, click to find NEAR (#1), and enter the amount you wish to convert to wNEAR ($2,500 worth of NEAR in the infographic above). Click “Deposit” (#2).

6.Providing liquidity to wNEAR — nUSDO

2.In the “Pools” tab (#1), click“View Pools”.
Search for nUSDO in the search bar (#3), and click on the nUSDO-wNEAR pool that is shown (#4).

3.Click “Add Liquidity”

4.Enter the amounts you wish to add to the liquidity pool ($2,500 worth of each in the infographic above). Click “Add Liquidity”.

7.Staking into the Farm

1.Head over to the “Farms” tab (#1) at the top of the page. Find the nUSDO-wNEAR pool (**), and click “Stake” (#2).

2.Enter the amount you wish to stake, and click “Stake”

And now you’re all done!

There’s a ton of rewards out there for our users, such as our Stability Pool and our OIN-stNEAR farm (similar to the process above, but instead of the OINDAO section, bridge over your OIN here!).

Be sure to check out all of the possibilities, keep your c-ratios in check, and most of all stay safe!

For any questions, follow the links below for help from our friendly community!

ABOUT OIN FINANCE

OIN is a decentralized stablecoin issuance platform. With a robust set of features such as single-vault liquidations and own-brand-labelled stablecoins, we bring the best stablecoin solutions for all, including our Layer-1 and Layer-2 partners.