KogeFarm
  • Introduction to KogeFarm
  • Why Auto-Compound?
  • Audit/Security
  • ImmuneFi
  • Fees
  • Requesting New Vaults
  • Roadmap
  • Contract Links
  • Social Links
  • Tutorials - General
    • Bridging Tokens Across Chains
      • Bridging KogeCoin
        • Polygon --> MoonRiver (AnySwap)
      • Bridging Other Tokens
        • Polygon --> MoonRiver (RelayChain)
        • Polygon --> MoonRiver (AnySwap)
        • Polygon --> Binance Smart Chain (xPollinate)
    • Setting up Wallets
      • How to Add a Network to the MetaMask Browser Extension
  • Tutorials - Using KogeFarm
    • Staking LP Tokens on KogeFarm
  • KogeCoin
    • How to Buy KogeCoin
    • Governance
  • FAQs
    • What are the vLP tokens in my wallet?
    • Why is the APY so high and what are the risks?
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  1. FAQs

What are the vLP tokens in my wallet?

When you stake your LPs into our auto-compounding farm, you get back shares of the pool, recorded as vLP tokens.

The pool is constantly growing due to compound interest. Your share stays constant, but each share will represent more and more LP tokens as the pool compounds.

On the main webpage, you can check how much LPs you current stake in the pool and their USD value.

When you click the minus/withdraw button, what you're actually doing is burning the vLP tokens in your wallet and getting back the LPs. The website interface manages this for you.

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Last updated 3 years ago

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