LlamaSwap V2 migration how-to

LlamaSwap
2 min readApr 27, 2021

As anticipated, here are the details on how to migrate from the current version V1 to the upcoming LlamaSwap version 2.

A quick recap:

On April 28, 12 PM UTC:

  1. we will upgrade the current LlamaSwap app to V2. The website at https://llamaswap.finance will point to the newest version
  2. the current app will be moved to https://v1.llamaswap.finance
  3. you’ll find the current farms and pools on the V1 site, in inactive state
  4. The exchange and liquidity page on the V1 site will use Pancake’s LP tokens V1
  5. The exchange and liquidity page on the V2 site will use Pancake’s LP tokens V2

What you need to do:

✤✤ a little before April 28, 12 PM UTC✤✤

■ If you own any LAMA-BUSD LP or LAMA-BNB LP or BNB-BUSD LP:

➀ go to https://v1.llamaswap.finance and unstake whichever tokens you are staking from the respective farms. Switch the toggle to inactive to see the farms

➁ Go to Liquidity (https://exchange-v1.llamaswap.finance/#/pool). You should see your LP tokens. Click on select 100% and click on the “remove” button
➂ Now, go to LlamaSwap V2 (https://llamaswap.finance)
➃ Go to Liquidity, and add the liquidity for the pair you removed in the previous step
➄ Go to farms and re-stake your newly created LP Tokens V2

■ If you own only single tokens and you are staking them in pools:

➀ go to https://v1.llamaswap.finance and unstake whichever tokens you are staking from the respective pools. Switch the toggle to inactive to see the pools.
➁ Go to LlamaSwap V2 (https://llamaswap.finance)
➂ Go to pools and re-stake your tokens

Important notes:

  • The LlamaSwap team will fund the initial LAMA-BUSD and LAMA-BNB liquidity on Pancakeswap V2 to ensure the correct price is set
  • There will be a 0% deposit fee on the BUSD-BNB farm for 24 hours, to allow current stakers to withdraw and restake their funds without paying fees twice
  • We are lowering the fees for all the farms from 4% to 3%, to incentivize liquidity staking for our new deflationary farms
  • DO NOT break your current LAMA LP Tokens before April 28, 12 PM or you won’t be able to stake them or create the new LP tokens! The LP V2 farms will open shortly after April 28, 12 PM. Before that date, the current LlamaSwap website will still point to V1.

For further information or for any questions, ask in chat!

Telegram: https://t.me/llamaswap

Twitter: https://twitter.com/LlamaSwap

LlamaSwap: http://llamaswap.finance

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