The uniqueness of ChipSwap's yield farming is that it's not just an exchange, but that the Chip ecosystem is an economic zone fo
20 Nov 2020, 15:00
The uniqueness of ChipSwap's yield farming is that it's not just an exchange, but that the Chip ecosystem is an economic zone for influencer and followers, not a financial service, it's being utilized by multiple products, and that it's working with a variety of partner projects.
How to Join ChipFarm
Step 1: Connecting the Wallet
ChipSwap can connect to multiple wallets.
This article explains the connection with the Trust.
Select ConnectWallet from ChipSwap to display the candidate connections.Choose WalletConnect.
"Tap the ""Trust"" icon in the choices, and TrustWallet will display the connection confirmation screen."Select Connect here and you are done.
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Step 2: Pool
Pool the specified currency pairs and provide liquidity (in ChipFarm Stage 1, BNB and RON(BSC/BEP20)).
"From the ""Pool"" menu, select RON/BNB and tap ""Add"" to go to the input screen for the quantity you want to provide."
A LP token (CHIPPP1) will be sent to the liquidity provider.
The LP token acts as a credit to the currency pair, so the LP token can be returned to the currency pair provided at any time.
The balance of currency pairs will vary according to the quantity traded within ChipSwap, but the same price will be kept.
Step 3: Farm
Deposits the LP token to the farm.
This will give you a weekly bonus token (in ChipFarm Stage 1, Chip V1).
ChipFarm Stage 1
Bonus Convert
Chip BS1
→
CHIP (Rate x5) + C****** (Secret now)
bonus distribution period
It is scheduled for December 18, 2020, but it will vary depending on when secret tokens are issued.
ChipFarm Stage 2
Bonus Convert
Chip BS2
→
CHIP (Rate x2) + C****** (Secret now)
bonus distribution period
It is scheduled for 2021.1.15, but it will vary depending on when secret tokens are issued.
ChipFarm Stage 3
Bonus Convert
Chip BS3
→
CHIP (Rate x1) + C****** (Secret now)
bonus distribution period
It is scheduled for 2021.2.13, but it will vary depending on when secret tokens are issued.
How to Obtain RON (BSC)
(*The information was provided by the RON Wallet project.)