Benchmark Launchpad- Farming Guide
Go- Live Date ⏰
· The Benchmark Protocol Launchpad will take-off on November 23rd
· The deposit page will open on Monday November 23rd, at 8 AM EST.
· MARK rewards for incentive pools commence on Tuesday, November 24th, at 8 AM EST. Make sure you stake before our incentive pools start distributing MARK for higher exposure through MARK yields __________________________________________________________________
MARK Pools (3x Multiplier)
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Before following this guide, please make sure you familiarize yourself with the use of MetaMask or similar online browser wallets.
Get MetaMask:
Add custom Token:
https://metamask.zendesk.com/hc/en-us/articles/360015489031-How-to-View-See-Your-Tokens-in-Metamask
MARK Token specifics:
- Address: 0x67c597624B17b16fb77959217360B7cD18284253
- Decimals: 9
- Name: MARK
You will need a certain amount of ETH in your wallet to perform transactions in order to buy your desired tokens for liquidity provision.
1) Choose a Pool.
- Go to https://launchpad.benchmarkprotocol.finance/
- Choose one of the 20 available pools by clicking the “Select” Button
2) Buy Token.
- Go to https://app.uniswap.org/#/swap
- Select the token you want to use for farming
- Swap a share of your ETH into the selected token
3) Add Liquidity.
- Go to https://app.uniswap.org/#/pool
- Click on “Add Liquidity”
- Select the previously swapped token
- Click “Approve” to allow the liquidity pool to transfer your selected token
4) Confirm Liquidity.
- After transaction has gone through, click on “Confirm Supply”
5) Add LP Token to the Launchpad.
- Select the appropriate pool you want to farm
- Click “Approve” to allow the farming pool permission to transfer your selected LP token
6) Confirm LP Token transfer.
- After the transaction went through, click on “+” to deposit LP tokens
7) Verify and withdraw.
- See your LP Token deposited on the Launchpad
- Click on “Unstake” to withdraw your LP Tokens at any time
- Click “Claim MARK” to withdraw your MARK rewards
About Benchmark Protocol
The Benchmark Protocol is an Uncorrelated, Liquid, VIX-denominated Collateral Utility. The protocol is a rules-based, supply-elastic collateral utility that adjusts supply based on volatility indexes (VIX) and deviations from the target metric — equal to 1 Special Drawing Rights (SDR) unit. Employing the SDR creates a larger use case rather than exposure to just one currency; the application of this creates a larger user base and delineated exposure to markets around the world. The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility.
Benchmark is built on the Ethereum blockchain. The MARK token is the native asset in the Benchmark network and provides only the utility value available to it through the Benchmark network. The supply of MARK adjusts by tracking the movement of the CBOE volatility index.
Learn more by visiting the project website:
