CART. Finance V2 is LIVE: HOW TO TALE ADVANTAGE OF THE STAKING PERIOD
The CART.Finance made the most long anticipated announcement on May 10th that the CART.Finance is live on Ethereum maninnet and starts the second chapter of their journey.
In the CART.Finance, you can join the FARM, POOL and NFT Staking to experience the DeFi product.
Here is a detailed Step by step guide on how to Participate in the “DeFi+NFT” Product
- Before you start Farm, Pool and NFT Staking
- Connect wallet to the Ethereum mainchain
- Make sure you have enough CART and UNI, and some ETH as Gas fee.
Note: You can buy some CART through Uniswap or gate.io
CART Contract: 0x5c8c8d560048f34e5f7f8ad71f2f81a89dbd273e
A closer look at NFT Staking
In CART.Finance, Users need to stake CART in advance to obtain bCART, and then use enough bCART to exchange Card NFT.
- Open the official website cart.finance
2 . Click on the “STAKE “ button
3. Input the amount of CART you want to stake (Min 20,000 CART）
4. Click on the “Confirm” butter, then you will get bCART rewards.
Note: Also, you can click the “Withdraw” to get your reward and with enough bCART, you can charge the Card NFT.
- Click on the “Pool” button
2. Choose the situation, Locked or Flexible
3. Select the CART amount you want you stake
4. Click on the “Stake” button
5. Confirm on blockchain and gas fee
Note: You can see the reward on the Reward record, and meanwhile, you can withdraw your rewards. BUT if you choose “Locked”, then you must wait for the timeline.
— First, you need to make sure you already have CART -USDT LP. If not, you should get CART-UNI LP through Uniswap
You should select the CART and USDT amount you want to stake, then click” Supply” and confirm on the blockchain.
— Click on the “Farms” button
— Choose the situation, Locked or Flexible
— Select the LP amount you want yor stake
— Click on the “Enter Amount” button
— Confirm on blockchain and gas fee
CART.Finance is the DeFi experimental platform of CryptoArt.Ai, Asia’s largest NFT encrypted art platform, using the “DeFi+NFT” model, which allows users to stake CART with one click to receive different NFT or CART rewards. Compared to V1, V2 has added Farm and Pool functions and improved NFT staking function.
As a DeFi experimental platform, CART.Finance has been upgraded to a whole new level. On May 10th, it officially launched the V2 version, which financialized NFT. For details, please see the tutorial.
NFT Staking: “Liquidity” Locking of Infinite Cycle
As the largest NFT trading platform in Asia, CryptoArt.Ai is a typical Marketplace in essence, and NFT, like works of art, has great difficulty in value discovery, value evaluation and circulation. How to consider the two attributes and achieve better impact are questions being explored in the market now.
CryptoArt.Ai re-heats the token CART and adopts the method of staking token-obtaining bCART- exchanging Card to realize the secondary circulation of NFT. Users only need to stake CART (the minimum stake is 2000CART) to the official pool and get bCART as their voucher to achieve the redemption of the Card. Of course, the redeemed Card can be used for market transactions.
Pool: Good things worth the wait
In Pool, the product is like a single-currency staking product, where users can earn rewards by simply “pledging CART, Earn CART”. This is a basic, and essential liquidity requirement for the DeFi process.
Unlike the high APY attraction of liquidity mining created by AC, CART.Finance takes a more steady financial approach by locking stake, which will increase the Token weight factor by 2x. During the period, CART will be locked and cannot be withdrawn, and the revenue can only be withdrawn when the agreed time arrives. You can choose a locking period of from 1 week to 52 weeks, the longer the staking period, the bigger the token weight, and the higher the digging efficiency.
Farm pool: remix with Uniswap V2
Farm pool is a combination of CryptoArt.Ai and Uniswap V2, in short, it is a way to benefit from UNI-CART’s Liquidity Provider pool on Uniswap. Similarly, users can component UNI-CART’s LP and enjoy doubling factor benefits.
Since CART is the ERC20 token first established on Ethereum, this method is based on the liquidity of Ethereum. If users want to use the liquidity provided on Binance Smart Chain, we will provide the corresponding liquidity pool in the later stage according to users’ needs and feedback, and continuously expand the financial attributes of CART.
The Future plans of CART. Finance
What kind of chemical reaction will happen when low-frequency NFT trading is equipped with high-frequency decentralized trading and financial components Pool and Farm? With its outstanding characteristics in NFT trading market, CryptoArt.Ai occupies a place in the Asian NFT market. As its DeFi financial platform, CART.Finance tries to attract more users with the structure of NFT+DeFi, making it a more comprehensive and beneficial attempt to improve the liquidity of NFT!
Get connected with CryptoArt:
Telegram announcement: https://t.me/CryptoArt_Ai_News