Camelot Migration Walkthrough
Migration for the RDPX/ETH pool began from 24th October 2023. We are now finally moving forward with our liquidity migration from Sushiswap to Camelot for the DPX/ETH pair.
Below is a general outline of how you can approach this liquidity migration. Keep in mind that specific steps may vary depending on the platforms and smart contracts involved, and it's crucial to exercise caution and do thorough research before proceeding.
Note: If you are facing any issues with withdrawing from the Sushi pools, please use this link to withdraw your LP until Sushi refills the missing reward amounts. Once that is done, you'll be able to collect your rewards from Sushi.
Step 1: Withdraw Liquidity from SushiSwap
1. Go to SushiSwap and access the liquidity pool you want to migrate.
2. Withdraw your liquidity from the SushiSwap pool. This action involves removing liquidity from the pool and getting your tokens back.
3. Confirm the transaction and wait for it to be processed.
Here’s the official guide to removing liquidity in Sushiswap
Step 2: Deposit Liquidity into Camelot
1. Access Camelot's platform and select the DPX/ETH liquidity pool or the RDPX/ETH liquidity pool where you want to provide liquidity.
2. Deposit your tokens into the Camelot pool by following the platform's instructions. This may involve selecting the pool, entering the amount of tokens you want to provide, and confirming the transaction.
3. Confirm the transaction and wait for it to be processed.
Here’s the official guide to adding liquidity to Camelot
After migrating your liquidity to Camelot, keep an eye on your new position. Monitor the performance of your tokens in the new pool, and make adjustments as needed.
Additional notes:
Please note that the steps and specifics may vary, and you should always exercise caution, research thoroughly, and consider consulting with the communities or support teams of both SushiSwap and Camelot to ensure a smooth migration. Additionally, always make sure you have backups of your private keys or recovery phrases to protect your funds.
About Dopex
Dopex is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner. Dopex uses option pools to allow anyone to earn a yield passively. Offering value to both option sellers and buyers by ensuring fair and optimized option prices across all strike prices and expiries. This is thanks to our own innovative and state-of-the-art option pricing model that replicates volatility smiles.
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