Swapz LP Farming NOW Live

March 12, 2022
Ecosystem Updates , Swapz
0

The GOLDEN HANDS tier in our Staking Program is also open!

Get ready, Zero-Slippage Cross-Chain gang. We have some fresh news for you.

But before we get into that, a quick development update. Although our Minimum Viable Product DEX is currently in a testing phase, we are happy to report we have been able to perform stablecoin swaps between Binance and Ethereum testnets.

We almost feel like saying “that’s one small step for Swapz, one giant leap for DeFi” but we’ll save that for the DEX launch.

Let’s get into those fresh news, shall we?

You can earn 2M SWAPZ by staking your SWAPZ-BNB LP tokens

After rewarding your loyalty with the SWAPZ Staking Program, we have now made it possible to farm your SWAPZ-BNB LP tokens to earn your share of the 2 Million SWAPZ available for farming rewards.

Here’s what you need to know about farming your LP tokens for SWAPZ.

The SWAPZ-BNB LP Farming Program is NOW LIVE and there’ll be 2M SWAPZ for you to earn.

To get started, you will need to get your LP tokens. You will have to provide Liquidity on PancakeSwap in the form of however many SWAPZ you hold and an equivalent amount of BNB.

You can do this by going on PancakeSwap, clicking “Add Liquidity” and selecting SWAPZ and BNB.

(Once you receive your LP tokens, adding them to Metamask will be easy as PancakeSwap will automatically prompt you to do so with a simple message.)

You are now a Liquidity Provider. Ready to be rewarded for helping Swapz build the Ultimate Zero-Slippage Cross-Chain DEX?

Awesome, let’s get you earning some extra SWAPZ.

To do that, go deposit your LP tokens at:

https://staking.swapz.app/#/farming

The farming period will last 9 months (or 7,776,000 blocks) with rewards regularly distributed with every block (created every 3 seconds).

Since there are 2M SWAPZ available to reward LPs that means the reward per block is 0.257 SWAPZ.

You will be able to withdraw your rewards anytime and you will also be able to add more LP tokens whenever you want.

Time for more news…

The SWAPZ Staking Program GOLDEN HANDS tier has now opened!

It will remain open for one week only starting today July 31st.

The SWAPZ token holders who join at this time and stay until the end will earn their share of a 666,666 SWAPZ Staking Reward Pool.

You can stake your tokens RIGHT NOW at staking.swapz.app

Here’s what you need to do:

1. Set up your Metamask wallet.

2. Connect it to the Binance Smart Chain. (Help here.)

3. Double-check your SWAPZ balance.

4. Open staking.swapz.app on your desktop.

5. Agree to stake your tokens

6. Stake

7. Enjoy the rewards.

Congratulations on your GOLDEN HANDS!

Swapz: The Cross-Chain Zero-Slippage DEX

Here’s what you need to know about trading on SWAPZ:

  • Zero-Slippage puts 100% of YOUR gains in YOUR wallet.
  • Cross-Chain trading lets you explore the entire DeFi landscape without limits.
  • Human error: not on Swapz. You’re protected.
  • It’s so user friendly it turns green newbies into seasoned pros.

Stop dreaming about life-changing trades.

Make them on Swapz.


Swapz LP Farming NOW Live was originally published in swapz_app on Medium, where people are continuing the conversation by highlighting and responding to this story.

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