Thread by @MikeOxmaul__

After taking about 2 hours to figure out how to farm on @THORSwap with the new @terra_money integration, here's a simplified thread on how to do it if you have a ledger!

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1. Download Thorchain on your ledger and get yourself a thorchain address.

2. Download Terra (I assume you already have $LUNA and $UST in your wallet) on your ledger and link it with your Terra Station Wallet extension on your browser.

3. I had issues connecting with @xdefi_wallet so I proceeded to connect with Terra Station instead. You will see your Terra assets on the right.

4. Click connect another wallet and connect your @thorchain wallet with ledger.
Make sure you open your @thorchain app on your ledger before connecting so that it can detect it. You will then be able to view your assets on the right.

5. Head to the deposit tab on the left and the default option will be native $BTC and native $RUNE. You can change the asset that you wish to farm by clicking $BTC and select either $LUNA or $UST.

6. You can choose to farm asymmetrically (100% $LUNA) or symmetrically (50% $LUNA and 50% $RUNE). I assume you know how LP farming jizz works. If you are farming one sided, just select your amount, confirm in terra station, and approve it in your Terra ledger app.

7. If you are doing 50/50, you will have to select your amount, confirm in terra station, approve it in Terra Ledger.

8. Wait for a short while, move to pending deposits and once you see your luna awaiting confirmation, switch to Thorchain Ledger APP, click confirm transaction, and approve it in Thorchain Ledger.

In short, you will have to approve transactions TWICE for symmetrical deposits!

9. I faced numerous error messages while depositing a 2-sided LP, but it should still proceed as long as you follow the procedures. Your Terra assets will be deducted first, then followed by your Thorchain assets.

10. You can then review your LP positions on app.thoryield.com

11. Few pointers, once you deposit an LP I notice you cant add a asymmetrical deposit but you can still add a symmetrical deposit after that. However, adding deposits does reset the IL protection.

12. APY on $LUNA and $UST is also not accurate right now as APY in @thorchain is usually calculated over a 7 day period. APY is probably way underestimated right now.

13. Shoutout to @THORmaximalist @Chadthoreau and @CBarraford for simplifying how TC works and how TC can provide value. Compulsory follows!

#LUNATICS #RUNATICS unite! 🌕⚡

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https://twitter.com/MikeOxmaul__/status/1507631919390810114?t=cVZVm0p61jTtgI8WMxweRw&s=09