Vector Finance
  • Introduction
  • Getting Started
    • 🌐Benefits of Vector
    • ⚙️Mechanics
      • Vector for Platypus Depositors
      • Vector for PTP Holders
      • Vector for JOE Holders
    • 🪙Tokenomics
      • Understanding xPTP, zJOE, and xQI
      • Understanding VTX
      • Token Distribution
        • Liquidity Mining Schedule
        • Community Treasury
    • 🔗Quick Links
  • Basics
    • Platypus Finance and xPTP
      • Converting and Staking PTP
      • Depositing Your Platypus Stablecoins
    • Trader Joe and zJOE
    • Benqi and xQI
    • Staking Your LP Tokens
    • Locking VTX
    • Votes & Bribes
    • Claiming Rewards
  • Vector Protocol
    • Platform Rewards
    • Performance Fees
    • Smart Converter
    • Autocompounding Pools
      • Switching Pool Types
      • The Compound Page
      • Vector's Core Pools
      • Autocompounding Fees
    • Risk Prevention
      • Audit
      • Multi-Sig
    • Contracts
      • Withdrawing an LP (USDC-UST)
      • Migrating Your Assets
  • References
    • Glossary
    • Common Questions
  • Learn & Connect
    • Brand Assets
    • Website
    • Medium
    • Discord
    • Twitter
    • Telegram
    • Partnerships
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  • How to claim rewards
  • What is compounding?
  1. Basics

Claiming Rewards

PreviousVotes & BribesNextPlatform Rewards

Last updated 2 years ago

How to claim rewards

  1. Navigate to the Claim tab.

  2. Any pools with claimable rewards will be checked for you. (You can uncheck to remove it from selection.)

  3. You can click "Compound" to have the protocol claim and stake your rewards, or "Claim" to send those rewards to your wallet.

What is compounding?

Vector makes it very easy to claim, convert (in the case of PTP) and stake your rewards

You can do so from the Claim tab. When you click "Compound" for the first time you'll need to approve our contract using your rewards of PTP, xPTP, and VTX. Once approved you can compound those using the button.

Here's what happens when you click "Compound":

  1. We'll claim your rewards for all your deposits and staked pools.

  2. Your PTP rewards are converted to xPTP.

  3. We then stake your xPTP into xPTP staking and VTX into VTX staking.

  4. (Optional) If you'd like to lock your VTX you can do so after compounding from the "Lock" tab.

Utilizing the "Compound" button is a great way to maximize your return on Vector since your yield won't just be sitting there but will earn even more from single-sided staking. Learn more in Platform Rewards.