👩‍💻Pool Members

Not only can participating in a Sigil Pool be a great way to effortlessly make a profit, but it can also introduce you to a fun community of like-minded people! On Sigil Finance, making a profit has n

How to Invest:

  1. Choose your pool

  2. Connect your Ethereum wallet to Sigil Finance

  3. Enter the amount of ETH you wish to deposit

  4. Approve your deposit

    • Pools accept ETH but process deposits with WETH. The ETH that you deposit is converted to WETH and given back to you. This is why you need to approve the pool to spend WETH.

  5. Click the 'BUY' button to submit your deposit order

That's it! Once the pool manager processes your order, you will be the proud owner of some shiny new pool tokens! To sell your pool tokens, follow these steps:

  1. Press the swap icon between the ETH and pool inputs, so the pool input is on top

  2. Choose either to withdraw instantly, or place a withdrawal order

  3. Enter the amount of pool tokens you wish to sell

  4. If you are withdrawing instantly, enter a slippage value that is above 0%

    • The slippage value determines the slippage for token conversion swaps when your pool share is converted into ETH.

  5. If you are placing an order, keep the slippage blank or at 0%, then approve the pool to use your pool tokens

  6. Click the 'SELL' button

For more information on the specifics of withdrawing and depositing, read the Deposits & Withdrawals section of our technical details page. To track your orders and pool shares, go to your portfolio page (coming soon).

Tips for Pool Members

Participating in a pool is easy, but it's crucial to understand your responsibility for your investments. Any losses you experience are your responsibility. While pools are secure, they can still face bad trades or malicious pool owners. To protect yourself, make sure to investigate a pool and its owner before investing. Check the following:

  • Linked social medias

    • Influencers are able to apply for verification on our platform. Assume unverified users claiming to be influencers are scammers.

  • The user page of the pool owner

  • The performance of the pool

  • The performance of the owners' other pools

Also make sure to engage in any competitions with your pool community!

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