How to yield farm on Balancer on Polygon

Polygon Labs

August 23, 2021

Balancer Protocol allows for automated portfolio management and provides liquidity, turning the concept of an index fund on its head. Polygon’s full-stack scaling offers opportunities for users to benefit from faster and economic transactions bringing the world one step closer to Web3.

Step 1: Head over to https://polygon.balancer.fi/#/ to find a list of pools under the section of Investment pools.

Step 2: Hover over the “✨” icon to see the breakdown of the individual pool’s yields. Select your pool accordingly.

To Deposit into the pool

Step 3: Connect your wallet.

Step 4: Click on an individual pool and check the statistics.

Step 5: On the right, enter the number of funds to deposit.

Viewing pool transactions

Step 6: View the transactions in the pool by clicking on All transactions. To view your transactions for the pool, click on My transactions.

Withdrawing your deposits from the pool

Step 7: Click on the withdraw tab next to Invest and select the amount you wish to withdraw.

Swapping tokens

Step 8: Click on the Trade tab situated in the top center. Select your tokens for swapping.

Step 9: Click on preview trade and confirm & sign the transaction.

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About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.