How to Farm BGT on Berachain Using BEX

Welcome to our step-by-step guide on how to farm BGT in a mazimized way, using the BEX application.

Education

Jun 29, 2024

0 min read

By

Winfred K. Mandela

Step 1: Accessing Berachain

  1. Visit berachain.com.

  2. Click on the "dApps" button at the bottom of the screen.

  3. Select "Faucet" from the menu.

Step 2: Using the Faucet

  1. Enter your MetaMask wallet address in the wallet address field.

    Click on "Drip Tokens".

    • Note: The faucet dispenses tokens every 8 hours. If you've already used it, your wallet will be greylisted for 8 hours.

Step 3: Navigating to BEX

  1. Go to bartio.bex.berachain.com.

  2. Click on "Swap Tokens" to open the BEX application.

Step 4: Choosing a Pool

  1. Navigate to the pool section to view various APYs for BGT.

  2. Identify the Honey-WBERA pool, which offers the highest APY at this moment.

Step 5: Swapping Tokens

  1. Click on the Swap Tab.

  2. Swap half of your BERA for Wrapped Bera.

  3. Swap the remaining BERA for Honey.

Step 6: Adding Liquidity

  1. Return to the pool section.

  2. Add liquidity to the Honey-WBERA pool.

  3. Click on "Preview," then "Approve," and confirm the transaction.

    • You'll see a green badge confirmation once liquidity is provided.

Step 7: Accessing the BGT Station

  1. Return to the Berachain Faucet.

  2. Access the BGT Station by scrolling down to the dApps.

  3. Locate the Honey-WBERA Gauge Vault.

Step 8: Staking in the Gauge

  1. Stake your newly earned LP tokens to start earning BGT rewards.

  2. Click "Max Amount," then "Approve."

  3. Follow the prompts to deposit and confirm.

Step 9: Claiming BGT

  1. Once deposited, you’ll start earning BGT rewards.

  2. To claim, simply click the "Claim BGT" button under the My Gauges tab.

Step 10: Delegating BGT

  1. Navigate to the Delegate tab at the top of the screen.

  2. Select a validator, such as Stakecito.

  3. Enter the amount you wish to delegate and click "Confirm."

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Congratulations! You’ve successfully learned how to farm BGT on Berachain using the BEX application. Remember, active participation and strategic decisions will maximize your rewards. Participation in this testnet could also qualify you for a BERA airdrop when they launch. Happy farming!

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About Stakecito Labs

At Stakecito Labs, we've honed our craft as validators. Our reputation as the third-largest validator by delegation count within the Cosmos ecosystem speaks to our unwavering dedication and the trust placed in us by over 270,000 delegators worldwide.

Our validation services are not just about maintaining blockchain networks though; we validate networks outside of Cosmos as well (NEAR, Aleph Zero, etc.).

Our core mission is centered on demystifying blockchain technology to ensure it's accessible for everyone, from newcomers to seasoned investors. To begin staking, visit our homepage.

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