Yam Synths
  • Welcome to Yam Synths!
  • Overview
    • What can I do with Synths?
    • How Do I Use Synths?
      • How to Mint Synths
      • How to Earn Rewards
      • Where Can I Buy Synths?
      • How Do I Short Synths?
      • How Do I Manage Synths?
      • How Do I Settle Synths?
      • How Do I Redeem Synths?
    • How Do Synths Work?
      • How do Liquidations Work?
      • What are Priceless Synthetic Tokens?
      • What is the Data Verification Mechanism (DVM)?
      • What are the different Collateralization Ratios? (GCR vs CR)
    • How Do Rewards Work?
      • UMA Rewards Overview
      • Where are my Rewards?
      • How Much am I Earning?
    • FAQ
  • Synthetic Tokens
    • uPUNKS
      • Use Cases
      • Current Contracts
        • uPUNK-1221
      • Expired Contracts
        • uPUNK-0921
    • uGAS
      • Current Contracts
        • uGAS-1221
      • General uGAS Info
        • Getting started with uGAS
        • Use Cases
      • Expired Contracts
        • uGAS-JUN21
        • uGAS-MAR21
        • uGAS-FEB21
        • uGAS-JAN21
        • uGAS-0921
    • Deprecated Synths
      • uSTONKS
        • Current Contracts
          • uSTONKS-0921
        • General uSTONKS Info
          • Getting started with uSTONKS
        • Expired Contracts
          • uSTONKS-JUN21
          • uSTONKS-APR21
  • Additional Information
    • Yam Team
    • Glossary
    • Audits
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On this page
  • 1. Mint Synths
  • 2. Provide Liquidity

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  1. Overview
  2. How Do I Use Synths?

How to Earn Rewards

PreviousHow to Mint SynthsNextWhere Can I Buy Synths?

Last updated 3 years ago

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In order to qualify for rewards, you have to first mint a synth and then provide liquidity in the selected AMM. Doing both will allow you to earn weekly UMA Rewards!

1. Mint Synths

Minting was the tough part. Now it’s time to Provide Liquidity in order to earn rewards.

2. Provide Liquidity

Once you've minted, click on the "Provide Liquidity" button to deposit your Synths into a liquidity pool.

And that's it! You’ll now receive Pool Tokens.

UMA Rewards will be airdropped to you directly weekly from YAM. Your share of the rewards will be based on much liquidity you've provided on a given week.

Please see our on how to mint synths!

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