TOP-USDT LP Mining Tutorial

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Decentralized finance (DeFi) continues to reshape how users interact with digital assets, and liquidity mining remains one of the most effective ways to earn passive income. This guide walks you through the complete process of participating in TOP-USDT LP mining, from setting up your wallet to staking liquidity provider (LP) tokens and earning rewards. Whether you're new to DeFi or expanding your yield farming strategies, this step-by-step tutorial ensures a smooth and secure experience.

The process focuses on MDEX — a cross-chain decentralized exchange — using the Binance Smart Chain (BSC) network, though the steps are nearly identical on HECO. By adding liquidity to the TOP/USDT pair and staking your LP tokens on the official TOP website, you can begin earning TOP token rewards.

🔧 Preparation: Setting Up for Success

Before diving into liquidity provision and mining, ensure your environment is properly configured. The following steps will prepare your wallet and funds for seamless interaction with MDEX and the TOP ecosystem.

1. Install the MetaMask Wallet Extension

MetaMask is a widely trusted browser extension that enables interaction with decentralized applications (dApps). Here’s how to get started:

  1. Open Google Chrome and visit the MetaMask Chrome Web Store page.
  2. Click Add to Chrome, then confirm by selecting Add Extension.
  3. Once installed, pin the extension for easy access.

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2. Import or Create a Wallet

After installation:

  1. Click Get Started on the MetaMask homepage.
  2. Choose Import Wallet if you already have an existing ETH-compatible wallet.
  3. Enter your 12-word recovery phrase, create a strong password, and complete the setup.

Ensure your seed phrase is stored securely — never share it or store it digitally.

3. Transfer USDT to Your Wallet

To provide liquidity, you’ll need USDT in your wallet. Follow these steps to transfer from an exchange like Binance:

  1. Log in to your Binance account.
  2. Navigate to Wallet > Overview, then click Withdraw.
  3. In MetaMask, copy your wallet address by clicking the account name.

  4. On Binance, enter:

    • Currency: USDT
    • Withdrawal Address: Paste your MetaMask address
    • Network: Select BEP20 (BSC)
    • Amount: Enter desired quantity
  5. Confirm the withdrawal.

Wait a few minutes for the transaction to reflect in your wallet.

🔄 Step-by-Step: TOP-USDT LP Mining Process

Now that your wallet is funded, it's time to participate in liquidity mining.

1. Buy TOP Tokens on MDEX

Use your USDT to purchase TOP tokens via MDEX’s swap interface:

  1. Visit the MDEX BSC swap page.
  2. Click Connect to a Wallet and approve the connection in MetaMask.
  3. Enter the amount of USDT you’d like to swap for TOP.
  4. Click Confirm Swap and finalize the transaction in your wallet.

Once confirmed, TOP tokens will appear in your wallet balance.

2. Add Liquidity to the TOP-USDT Pool

Providing liquidity requires depositing equal values of TOP and USDT into the pool:

  1. Go to the MDEX add liquidity page.
  2. Select TOP/USDT pair if not auto-filled.
  3. Click Approve TOP and confirm in MetaMask (required only once per token).
  4. Enter the amount of USDT you want to contribute; the system auto-calculates the corresponding TOP amount.
  5. Click Supply, then confirm the transaction.

After confirmation, you’ll receive LP tokens representing your share of the pool.

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3. Stake LP Tokens on the TOP Official Website

Now that you have LP tokens, stake them to start earning mining rewards:

  1. Open the TOP liquidity portal.

  2. Click Connect Wallet and authorize MetaMask.

    • You can also add the TOP token to MetaMask directly from this interface.
  3. Locate the MDEX Pool section and click Stake.

  4. Enter the amount of LP tokens to stake.

    • First-time users must click Authorize LP and confirm in MetaMask.
  5. Click Stake and confirm the transaction.

Within seconds, your staking position is active.

💬 Frequently Asked Questions (FAQ)

Q: What are LP tokens?
A: LP (Liquidity Provider) tokens represent your share of a liquidity pool. They are issued when you deposit paired tokens into a decentralized exchange like MDEX.

Q: Is there a lock-up period for staked LP tokens?
A: No. You can withdraw your LP tokens at any time without penalty, giving full control over your assets.

Q: How are mining rewards calculated?
A: Rewards depend on your share of the total pool and the daily emission rate of TOP tokens. The larger your stake, the higher your yield.

Q: Can I claim rewards without unstaking?
A: Yes! Use the Claim Reward button to harvest earned TOP tokens while keeping your LP tokens staked.

Q: Are there risks in providing liquidity?
A: Yes — impermanent loss may occur if the price ratio between TOP and USDT changes significantly during your deposit period.

Q: Which networks support TOP-USDT mining?
A: Both BSC and HECO networks support this process, with nearly identical steps across platforms.

🏦 Managing Your Staking Position

Once staked, monitor and manage your position directly from the TOP liquidity dashboard.

Claiming Rewards

At any time, click Claim Reward to receive accumulated TOP tokens. These will be sent to your connected wallet immediately.

Key metrics displayed include:

Withdrawing Your LP Tokens

To exit:

  1. Click Withdraw in the MDEX Pool section.
  2. Enter the amount of LP tokens to redeem.
  3. Confirm the transaction.

Your original TOP and USDT will be returned proportionally based on current reserves.

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By following this guide, you've successfully entered the world of decentralized yield generation through TOP-USDT LP mining. With proper risk awareness and strategic participation, DeFi offers powerful tools for growing digital asset portfolios. Always conduct due diligence and consider diversifying across multiple protocols to optimize returns and reduce exposure.