ONINO Farm: How-To

ONINO
4 min readJan 22, 2022

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Matching the PancakeSwap launch of the ONI token, today we want to give you a short tutorial on how to use the ONINO Farm 🌾

The ONINO Farm will be up and running almost instantly after the PancakeSwap Launch, approximately 8:30 pm CET on January 22nd. It offers token holders the fantastic opportunity to deposit any amount of their tokens and receive ONI in return, the so-called Staking Rewards! 🚀

Step 1: Visit Farm Website & Connect Wallet

Visit the website https://farm.onino.io/ and click on the “Connect” button to connect your wallet to the website:

Step 2: Select Staking Period

Now you can choose if you want to stake your tokens for 1, 3, or 12 months by clicking on the respective list element. The longer the staking period, the higher the staking rewards.

Step 3: Enable the Farm

Now you need to activate the farm just once in order to allow it to use your ONI token. For this, a little BSC gas fee is required.

Step 4: Stake your ONI Token

As soon as the farm is enabled for your wallet, click on the button “Stake”. A popup will appear, in which you can use the slider to select how many ONI tokens you want to stake:

After that, please read & accept the terms & conditions as well as the legal disclaimer by ticking the boxes, and clicking on “Confirm”. Done! Now your ONI tokens are staked in the farm and generate passive profits for you!

Step 5: Harvest your Staking Rewards

While the tokens are locked for the selected period and will be unlocked only after their expiration, the Staking Rewards can be harvested at any time, as staking rewards are continuously distributed with each generated block. Therefore, you can even harvest your staking rewards before the end of your staking period. To harvest your collected staking rewards, you can simply use the “harvest” button, accept the transaction, and your rewards are instantly sent to your wallet.

If you have already staked ONI tokens, you can always add more tokens, for example, your harvested Staking Rewards. However, please note that when you add additional tokens, the staking period will recommence from the beginning.

We are looking forward to seeing as many of our community members as possible utilizing their ONI tokens and receive more ONI through the farm! ✨

If you have any questions regarding the farm, please feel free to ask in our Telegram community!

Your ONINO team

Join our Telegram to stay up to date and become part of our growing community: https://t.me/oninoofficial

Twitter: https://twitter.com/onino_io/
Instagram:
https://www.instagram.com/onino.io/
Reddit:
https://www.reddit.com/r/onino_io/

Important Notice:
The ONI token, currently issued on the BNB Smart Chain, is intended to serve as a preliminary token until the launch of our proprietary blockchain network. In its present state, ONI token holders may participate in our preliminary “ONINO Farms” as a means of familiarizing themselves with the staking process, receiving staking rewards, and serving as a “Pre Validator Staking Registration Network.” This preliminary phase is designed to help support token holders in accumulating the necessary amount of tokens needed for staking on the launched network, ultimately fostering true decentralization by enabling a greater number of individual people to become network validators. It is crucial to understand that this preliminary staking mechanism is solely designed as a precursor to the genuine, native staking that will be implemented upon the successful deployment of our own network. Once the network is operational, the ONI tokens will be migrated to the ONINO blockchain, where they will serve as the native tokens and support network stability through native staking. We strongly emphasize that the current mechanism is solely an interim measure, leading directly to the fully functional network-perpetuating staking.

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ONINO

Next-generation decentralized network focused on privacy, digital identity and scalability based on DAG-Blockchain-Hybrid technology.