# How to Liquidity Mining

You can use ioPay mobile app or ioPay desktop to setup liquidity mining for Cyclone Protocol.

### Step 1 - Click "Mining" in Menu to Open Liquidity Mining Tab

![](https://4040024839-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MNeAQGL5skC11vu82Sy%2F-MS05lYltyZmBkvvsovb%2F-MS05nM15A_S2fl5yJ9U%2FScreen%20Shot%202021-01-26%20at%203.49.31%20PM.png?alt=media\&token=ddd80c97-bb86-40ce-9110-4bcef2cc2d34)

### Step 2 - Click "ADD LIQUIDITY" to  Add Liquidity on mimo.exchange

Make sure you have sufficient $CYC and $IOTX in your wallet and click "Supply" to proceed. Once the transaction finishes, your $CYC and $IOTX are deposited to mimo for [Automated Market Maker](https://academy.binance.com/en/articles/what-is-an-automated-market-maker-amm) (AMM), and you will receive the pool token in your wallet.

You can always check [here](https://info.mimo.exchange/pairs/io1f4acssp65t6s90egjkzpvrdsrjjyysnvxgqjrh) to get an idea about the current status of liquidity.

![](https://4040024839-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MNeAQGL5skC11vu82Sy%2F-MS05lYltyZmBkvvsovb%2F-MS06HuN6mHDLPodOjQi%2FScreen%20Shot%202021-01-26%20at%203.52.44%20PM.png?alt=media\&token=e659eb70-a7ac-4d3e-9ba2-28cb2b486b84)

### Step 3 - Come Back to Liquidity Mining Tab and Click "STAKE" and Confirm

By doing this, your pool tokens are staked into Cyclone's contract, and you start to earn $CYC! You can always check the upper section of the Liquidity Mining Tab to see how much $CYC you are earning and the current APY, e.g., 2,168%!

### Step 4 - Use "CLAIM" to Collect Your Liquidity Mining Reward

Whenever you want, click "CLAIM" to redeem $CYC you earned, which will be deposited to your wallet once the transaction is done.

### Step 5 - Use "UNSTAKE" to Withdraw Your Pool Token

If you are done with liquidity mining, click "UNSTAKE" to with your pool token to your wallet. Optionally, you can go back to <https://mimo.exchange/pool> to remove your liquidity to get back $CYC and $IOTX.
