How to mint DP on DareFarm?

DP, as you all know, is the interest-bearing token, given to $DNFT holders who have staked a certain amount of $DNFT to DareFarm. However, from now on, not only by staking $DNFT, but by adding liquidity to $DNFT-$BNB pair on PancakeSwap, $DNFT holders will receive DP.

Below is a step-by-step guideline on how to mint $DP by adding liquidity to $DNFT-$BNB pair on PancakeSwap and by staking $DNFT on DareFarm

Add liquidity to $DNFT-$BNB pair on PancakeSwap & stake LP token on DareFarm

Step 1: Add liquidity to $DNFT — BNB pair on Pancakeswap and get LP token

Open the link: https://pancakeswap.finance/add/0x162C2332e92BE409254AC7c59aD559C16a3f506E/BNB and add liquidity to $DNFT — BNB pair.

Notice that according to the liquidity adding mechanism on PancakeSwap, you need to add 2 same-value amounts of $DNFT and BNB. After filling in the amounts of $DNFT and BNB, please click ‘Supply’.

You will see how much DNFT/BNB Pool Tokens (LP token) you can get. As you can see from the screenshot above, the liquidity provider who adds 1,000 $DNFT and 0.000329745 BNB can get 0.4040028 LP token.

>>>DNFT/BNB LP token contract: 0xa6db9e0061cfb22da5755621bb363cdfe06057da

Now click ‘Confirm Supply’. Metamask pop-up appears and please choose ‘Confirm’.

Congratulation, you have added liquidity to $DNFT-BNB pair successfully.

Step 2: Stake LP token on DareFarm

Now head to https://dareplay.online/dare-farm/lp. You would see all the plans for staking LP token.

Different plans go with different locking period, DNFT APR and DP minted : LP staked rate. For example, Plan 15 gives you the APR of 6% and 5.2 DP for each LP you stake in the pool. You will need to lock your LP tokens in 15 days and if you unstake LP tokens early, the early withdraw tax will be applied.

Click ‘Choose’ in the Plan you wand to go for and DareFarm will ask you to confirm your wallet to the site.

Now ‘Enable’ the Plan be allowing DareFarm to access to your LP token.

After that, click ‘Choose’ and a pop-up appears. You need to fill in the amount of LP tokens you want to stake. Notice that the minimum deposit amount is 0.25 LP.

Choose ‘Confirm’ and the Metamask pop-up appears. Simple click ‘Confirm’ and now you’re good to go.

Staking $DNFT on DareFarm

Step 1. Visit DareFarm, click “DNFT Plan”, choose a plan you would like to stake and click “enable”

Step 2: Click “choose” to confirm staking plan

Step 3: Fill the number of $DNFT you’d like to stake (min 1000)

Step 4: Confirm your staking transaction and check in the staking history tab

Step 5: Check your wallet, you’ll see $DP minted and sent to your address

Congratulations! Following the instruction above, you have been able to get DP. DP would be used as for any events on DareLaunch and Genesis sale on DarePlay and many other applications to be announced soon. Most noticeably, in the Fairdrop event of our new token $DPL, those holding DP will be eligible to join, earn $DPL at ease. The official announcement regarding this event will be announced soon!