How to Activate a Fuel Cell Position
Last updated
Last updated
Follow the steps below to activate your Fuel Cell positions:
Step 1: Locate the Fuel Cells Page
Head to the “$H2” tab on the navigation bar and hover on the tab. A dropdown with Fuel Cells will appear. Click on the dropdown and you’ll find all relevant details like the activation cycles and the corresponding reward rates.
Step 2: Select Lockup Amount and Confirm
Make sure you are on the “Activate” tab on the Fuel Cells page. Choose your preferred activation cycle and click “Fuel Up”.
Note: If it’s your first time activating Fuel Cell positions, click "Enable Contract" to grant H2 Finance permission to interact with your wallet on the transaction.
Step 3: Lock and Earn
Enter the amount of $H2 tokens you want to commit and double-check the lockup duration. Click on “Activate” and then “Confirm” to open the Fuel Cell position. Finalize the transaction in your connected wallet. This action will lock your $H2 tokens in the vault for the specified period. Now, sit back and watch as your rewards power up steadily over time!
Note: The APRs will vary based on Fuel Cell utilization. In general, the earlier and longer you lock your $H2 tokens, the higher the APR. The APR will lower as more tokens are locked across Fuel Cells.