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  • Step 1: Connect Your Wallet
  • Step 2: Navigate to Exit esGMX
  • Step 3: Review your esGMX Summary
  • Step 4: Set Incentives for GMX Stakers
  • Step 5: Set Incentives for GLP Stakers
  • Step 6: Begin the Exit Process
  • Step 7: Complete Wallet Approvals
  1. Guides

How to Deposit GMX/GLP & Boost Your Yield

PreviousHow to Deploy an esGMX Staking PoolNextSecurity

Last updated 2 months ago

Step 1: Connect Your Wallet

Head over to , and open the app.

You'll need to connect your crypto wallet and ensure you're using the Arbitrum network.

→ Click Connect Wallet in the top menu.

Step 2: Navigate to Exit esGMX

Step 3: Review your esGMX Summary

You'll see a summary of your esGMX holdings. Double-check your account details carefully on this screen.

Step 4: Set Incentives for GMX Stakers

→ You can easily increase or reduce this amount and immediately see how it affects your rank.

⚠️ Note: We strongly recommend not reducing incentives below the optimal level as it will lower your pool’s competitiveness and ranking.

Step 5: Set Incentives for GLP Stakers

Step 6: Begin the Exit Process

Step 7: Complete Wallet Approvals

To safely automate the account transfer process, you'll need to provide a few approvals:

→ Click on Stake in the navigation menu.

Choose how much incentives you'd like to redirect toward GMX stakers. The recommended "Optimal incentives" amount is pre-selected for you, automatically placing your pool at the top of the ranking.

→ Adjust the amount of incentives to redirect toward GLP stakers, based on your preference.

→ Once satisfied with your settings, click Exit esGMX.

→ First, click on Approve Staked $GMX to Pool and confirm the transaction in your wallet.

→ Then, click on Signal account transfer to authorize your GMX account transfer to the platform.

→ Complete the exit by clicking the Deploy Pool button.

Congratulations! 🎉 Your esGMX pool has successfully been deployed.

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