BNPL PAY LIQUIDITY MINING PROGRAM LIVE!
BNPL is excited to announce the launch of our liquidity mining program, starting with Rewards to the BNPL-ETH liquidity providers on Sushiswap! There will be a total of 100,000,000 BNPL tokens issued to LPs on Sushiswap over a 3 year period.
As a liquidity provider, you will earn a share of the BNPL emissions as well as trading fees from Sushiswap. But be aware, liquidity providers are subject to the risks of impermanent loss!
How to participate:
Step 1.
Go to Sushi Swap
https://app.sushi.com/add/0x84d821F7FbDD595c4C4A50842913e6b1E07d7a53/ETH
Add liquidity for BNPL-ETH. You will need BNPL and ETH in your account at a 50:50 ratio to start. If you don’t have BNPL, the most liquid pool to trade for it is on Sushiswap HERE!
Once you deposit on Sushiswap, you will be given Sushi Liquidity Provider (SLP) tokens that represent your share of the pool.
Step 2.
Head over to bnplpay.io/, enter the app and go to the farm page.
You will need to click on <Connect Wallet>, and enable the pop up in your ETH wallet.
Step 3.
Click on “Approve”. You need to approve the rewards contract to deposit your SLP tokens.
Step 4.
Once the transaction has been approved, you can now deposit your tokens. Select how many (or all by default) of your SLP tokens you wish to deposit.
That’s all, you are now earning rewards!
There is no vesting on the rewards, and they can be claimed at any time with the “Claim” button. LP can also be withdrawn at any time with the “Withdraw” button, and converted back to BNPL + ETH on Sushiswap.
If you have any questions, please reach out in our Telegram or Discord channels, happy farming!
If you would like to learn more about BNPL Pay or understand how to interact with the early banking nodes in more detail please contact us today at bd@bnplpay.io.
About Us
BNPL (Buy Now, Pay Later) is a decentralized lending protocol that puts credit in the hands of those who need it the most: users without capital. We tackle the problems presented by uncollateralized borrowing through a unique design in which a decentralized network of banking nodes services the needs of the industry. With our protocol, anyone can become a lender , and anyone can apply for a loan.
Useful Links
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