Liquid Staking on Omni LS
Last updated
Last updated
To view in the Bifrost Support Lab, visit How to Liquid Stake on Omni LS and receive vTokens.
Currently you can mint a diversity of vTokens using the Omni LS dapp: https://omni.ls
They are available under distant chains, mostly the EVM chains. vETH is directly available under the Ethereum chain.
With Omni LS you can stake directly on Ethereum or the EVM chains without the need (we could say the pain!) to do multiple cross-chain transactions.
With Omni LS, you are now able to stake your tokens (DOT, KSM, ETH, MANTA, GLMR, ASTR, MOVR, FIL) on Moonbeam, Manta Pacific, Astar & Astar zkEVM, Moonriver and Ethereum.
In exchange for vTokens which you can deploy around the Polkadot ecosystem and beyond. In order to liquid stake your tokens, visit Omni LS and select the LST you want to mint.
Youtube tutorial for vMANTA
Example with vMANTA below:
Before minting and using vMANTA you first need to hold ETH in the Manta Pacific network for the gas fees and MANTA. Commonly used steps to obtain ETH & MANTA on the Manta Pacific network in your EVM wallet:
- Purchase MANTA on CEX or DEX and send it to your decentralized wallet
- Bridge ETH from any other L2s using a bridge (Orbiter) or this powerful tool gas.zip
- Buy MANTA with credit card with fiat on-ramp solutions (i.e Banxa)
You need an EVM wallet (Metamask, Talisman, Rabby...)
Connect your wallet to the omni.ls dapp
Once connected, choose vMANTA, switch to Manta Pacific network if you are asked to do it. At any moment you add a new network to your wallet using chainlist.org.
Input the amount of MANTA you want to stake, click on "Approve" and sign the 1st transaction, then click on "Stake now" and sign the 2nd transaction to mint your vMANTA.
Once vMANTA are minted, after 5 to 15min, they are directly deposited in your EVM wallet.
Be sure to have added the vMANTA token in your wallet in order to display it, click on "Portfolio" in the top menu and click on the Metamask "Add" button to process.
Congrats, you minted vMANTA on Manta Pacific network using the bridging magic of Omni LS in 1-click !
There are 2 options to unstake MANTA from vMANTA.
Full unstaking request (you retain full vMANTA value)
Swap mode (you swap at market price, most of the time you won't get full value)
On the vMANTA staking page, click on "Unstake" in the top menu, input the amount of vMANTA you want to unstake, click on "Approve" and sign the 1st transaction, then click on "Unstake now" and sign the 2nd transaction to unstake your vMANTA.
On the vMANTA page you can follow the latest progress of your unstaking request. Once executed, the MANTA are deposited directly in your wallet, there is nothing to claim.
You can check your transactions and access to the explorer by clicking on your wallet address in the top menu
