Peg Token Farming

The absolute simplest strategy is to invest in the peg token LP, in this case GLX which is pegged to GLMR. To do this, you will have to take some GLMR and swap half of it to GLX on Stellaswap.

The next step is adding to the GLX-GLMR liquidity pool, as explained here.

After that's done you'll have GLX-GLMR LP tokens in your wallet. On the Athena website, navigate to Stargate, then click VIEW under GLX-GLMR LP. Here you'll be able to approve spending for your LP token and then stake it to earn GSHARE rewards.

Now you're earning on your LP tokens and the only thing left is to decide what to do with the GSHARE you receive as rewards. A classic strategy is to cash out some amount as profit and reinvest the rest in order to compound and increase your farming yield.

For example, to take 20% as profit, you would claim your earned GSHARE, swap 60% of it to GLMR, the remaining 40% to GLX, then add liquidity to the GLX-GLMR pair just as you did at the start. This way your rewards are divided up as

• 40% GLX + 40% GLMR -> 80% GLX-GLMR LP

• 20% GLMR profits

Add your new LP tokens to your stake and you should enjoy increased rewards next time you harvest.