Earn Yield with ELFi

ELFi's Earn section allows users to provide liquidity and earn passive yield. By supplying supported assets like BTC, ETH (including WETH), or stablecoins, you can receive rewards generated from trading activity on the platform.

ELFi tutorial

Step 1: Supply Assets

Click supply on the pool of your choice.
Enter the amount you want to supply, click supply and confirm the transaction in your wallet.

ELFi tutorial

After supplying, you'll receive a corresponding liquid staking token, such as elfETH, which represents your stake and is automatically staked to begin earning yield.

Step 2: Track Rewards

Once your assets are staked, you can view your position, APR, and estimated earnings.

ELFi tutorial

Rewards are calculated daily and become claimable on a T+1 basis. Once available, they can be claimed anytime by clicking Claim All in the top-right corner.

Step 3: Redeem Your Stake

To exit the pool, go to the redeem tab.
Select the percentage of elfTokens you want to redeem, click redeem, then confirm.

ELFi tutorial

ELFi will automatically burn the elfTokens and return your original asset, along with any unclaimed rewards.

Manage and Close a Position Overview