This technical guide explains how to use SpiritSwap to get boosted rewards on your liquidity positions, leveraging the inSPIRIT token on the leading SpiritSwap Fantom DEX.
Step 1: Provide Liquidity
First, you must be a liquidity provider.
Navigate to the SpiritSwap Official platform.
Go to the "Liquidity" section and deposit a pair of assets to receive your LP tokens.
Step 2: Lock SPIRIT to get inSPIRIT
To boost your farms, you need voting power in the form of inSPIRIT.
Acquire SPIRIT tokens.
Go to the "inSPIRIT" tab.
Lock your SPIRIT for a chosen duration. The longer you lock, the more inSPIRIT you receive. inSPIRIT is your governance and yield-boosting token.
Step 3: Stake in a Boosted Farm
Go to the "Farms" tab.
Find a farm that you have LP tokens for.
Stake your LP tokens. The farm will automatically detect your inSPIRIT balance and apply a "boost" to your APR, increasing your SPIRIT token rewards.
The more inSPIRIT you have, the higher your potential boost. This is the core of the SpiritSwap vote-escrowed model. For a full breakdown of the SpiritSwap gauges and bribes system, see the Full Official Documentation.
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