How to stake DAL & DAL-BUSD LP Tokens on BSCStation
They have opened DAL & DAL-BUSD LP Staking pool on BSCStation!
DAOLaunchers are able to earn DAL tokens, to stake DAL / DAL-BUSD LP
⌚️Rewards starting at: Jan 3, 15:00 (UTC)
Stake DAL earn DAL (15-day lockup)
- DAL Contract Address: 0x53e4b7Aa6cACcb9576548Be3259e62dE4Ddd4417
- Total Rewards: 5,000 DAL
- Daily emission: 83.33 DAL per day
- Distribution duration: 60 days
- Token rewards per block: 0.00289 DAL per block
Stake DAL-BUSD CAKE LP earn DAL (15-day lockup)
- DAL-BUSD CAKE LP contract address: 0x85B3bd40853b42aE24D295cd90A234f01b17a3b6
- Total Rewards: 7,500 DAL
- Daily emission: 125 DAL per day
- Distribution duration: 60 days
- Token rewards per block: 0.00434 DAL per block
I. How to stake DAL single token:
Step 3. Choose which Start Pool you want to stake in
- Select a pool: Stale DAL / Earn DAL pool
- Once you choose a pool, click the Enable button. Your wallet will ask you to confirm the action.
- The Enable button should now be replaced with Stake. Click the button to bring up the staking menu.
- Type in an amount choose how much DAL you want to stake.
- Click Confirm. Your wallet will ask you to confirm the action.
- The Confirm button will change to “Confirming”, then once the transaction is successful, you’ll see your staked amount change and the button will change again.
- You should now be able to see details on your Start Pool.
II. How to use farm pools on BSCStation
Step 3. Stake liquidity pool to earn
- Select a pool : Earn DAL pool
- When you’re ready, click the Approve Contract button and confirm your action in your wallet.
- After a short wait, the Enable button will change to Stake LP. Click it and a new window will appear.
- Enter the amount of DAL-BUSD LP Tokens you would like to farm into the field, or just click Max to use all of your LP Tokens.
- When you have the amount entered, the Confirm button will light up. Click it. Your wallet will ask you to confirm your action.
- After a short wait, the window will close, and you will see your newly staked DAL-BUSD LP Token balance in “Details”.
III. Locking period
The two pools “Stake DAL earn DAL” and “Stake “DAL-BUSD LP earn DAL” have a locking period of 15 days by user. The locking period varies for each user depending on when they start staking in the pools.
BSCStation is a Full-Stack DeFi platform on the Binance Smart Chain. They provide exclusive services including BSCSwap, IDO Launchpad, Yield farming, NFT Auction and Marketplace, and especially Incubation hub for Blockchain startup.
BSCStation operates on top of the Binance Smart Chain and is designed to offer maximum value to consumers and institutions. Binance Smart Chain has solved the problem of infrastructure in the context of BSCS’s product, and that BSCS represents the ideal use case to leverage the technologies offered by its platform.
BSCStation platform uses the Sharing Economy Model for the purpose of profit-sharing, helping users to access DeFi platforms in the easiest, safest and most cost-effective way. BSCStation is the most convenient bridge to connect users and application products on the Binance Smart Chain ecosystem and other Blockchain protocols.
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DAOLaunch aims to create an open and inclusive competitive environment for startup investment- the Decentralized Venture Capital concept.
DAOLaunch offers retail investors preferential investment conditions depending on their investment performance recorded on the blockchain. Recorded investments are not editable, as all negotiations are all on-chain. DAOLaunch investors can brand themselves as Decentralized Venture Capitalists and much like traditional VCs, they can negotiate more favorable investment terms.
DAOLaunch aims to change the structure of shady behind-closed-door investment deals to an open and more competitive deal structure that takes place on the blockchain. This will drastically shake up the startup industry.
Originally published at https://daolaunch.net on January 3, 2022.