Liquidity Mining through $KPOP Fan Token Incubator
What is Liquidity Mining?
Liquidity mining is a yield farming mechanism mostly used on Decentralized finance where holders provide liquidity on Decentralized Exchanges(DEXs) and are being rewarded with fees or native tokens based on their pool share.
Adding Liquidity on Pancakeswap
STEP 1 : Go to this link : https://exchange.pancakeswap.finance/#/add/BNB/0x3Ba2b1C2c46200e826C56550ff7a2b29bad10F3d
Make sure the pair is KPOP/BNB
$KPOP Token Address : 0x3Ba2b1C2c46200e826C56550ff7a2b29bad10F3d
https://bscscan.com/token/0x3Ba2b1C2c46200e826C56550ff7a2b29bad10F3d
Step 2 : Make sure you have BNB and KPOP.
- Input the amount you want to add liquidity
The ratio in here is 8424.59 $KPOP per 1 BNB
- So if you want to add to the liquidity you need to have 8424.59 $KPOP tokens and 1 BNB.
- You can add as many as you can as long as you maintain the ratio given by Pancakeswap.
- Buy $KPOP here : https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x3Ba2b1C2c46200e826C56550ff7a2b29bad10F3d
Step 3 : Press “ SUPPLY”
In exchange, you will receive BNB/KPOP Pool Tokens on which you can stake in the platform.
You can launch the app in our website : https://kpop-digital.com/
Step 4: Start Incubator
Once you were able to add liquidity, go to https://app.kpop-digital.com/ then look for “Start Incubator” at the upper right side. Then approve it on Metamask.
Step 5 : Staking your Tokens
Once done, press the “Stake” Button to deposit your LP Tokens.
Kaboom! Enjoy your daily rewards.
Step 6 : Claiming Rewards
If you want to withdraw your rewards, you can press the “Claim” button.
Step 7 : Withdrawing your LP tokens
Lastly, if you want to withdraw your LP Tokens, you can do it by pressing “Unstake” button
Keynotes :
- Your rewards will depend on your pool share, the bigger your pool share, the bigger the rewards. So make sure to stack more in the LP!
- KPOP Incubator — BNB/KPOP Pair liquidity mining will last for 30 days/ 1 month.
- New Pools will be added after a month
- You can stake/unstake/claim anytime, No Timelocked!
Risk of Liquidity Mining :
- Impermanent Losses — read : https://coinmarketcap.com/alexandria/glossary/impermanent-loss#:~:text=Impermanent%20loss%20describes%20the%20temporary,assets%20instead%20of%20providing%20liquidity.
To get the latest updates, follow us
App : https://app.kpop-digital.com/
Website : https://kpop-digital.com/
Twitter : https://twitter.com/KpopToken
Telegram : https://t.me/KPOPtoken
Medium : https://kpopfantoken.medium.com/
