Create a new position
Step 1
Go to dApp and Connect Wallet
Click + New Position
to open Deposit form
From here, input:
Amount of $CAKE you would like to lock.
Duration (in weeks if you are locking $CAKE)
Step 2
There are 3 transactions required:
Create an empty vault (smart contract wallet) & mint a NFT as a receipt.
Approve to allow vault to spend your $CAKE.
Lock $CAKE to cake pool.
After signed all 3 transactions, you should see your newly created position at My Positions
page.
Congratulation! You have successfully done Locked Staking $CAKE, the position starts accruing $CAKE reward.
You can create as many positions as you want.
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