Fantom Libero Joins The Dark Side

New Farm & Raid up on Dark Knight FTM

KSWriter

Published in

KNIGHT BSC / DARK KNIGHT FTM

6 min readApr 6, 2022

Dark Knights we have Dark Spartan ($fLIBERO) joining the dark side today.

The Highest Paying Dual Rewards Auto Staking Protocol on Fantom Network. $fLIBERO is positioned to lead a revolution in DeFi with the $fLIBER Autostaking Protocol or FAP, a new financial protocol that makes staking easier, and gives $fLIBERO token holders the highest stable returns in crypto.

You can learn more about their project here

Gitbook- https://docs.flibero.financial/

Here’s how you can get started on with $fLIBERO on our Dark Knight platform.

What’s Opened Up In The Dark Side

Farms for fLIBERO — FTM LP to earn $dKNIGHT

Raid Pools $dKNIGHT → $fLIBERO

How To Buy & Farm With Your fLIBERO— FTM LP

Navigate to the DARK KNIGHT website to purchase some $fLIBERO. Direct link posted below

https://darkdex.knightswap.financial/#/swap?outputCurrency=0xC3f069D7439baf6D4D6E9478D9Cc77778E62D147

Make sure your wallet is connected first & you can search for $fLIBERO and it should auto-populate.

If not you may need to enter in the contract address for $fLIBERO

0xC3f069D7439baf6D4D6E9478D9Cc77778E62D147

Click $fLIBERO to add it to the transaction box.

Using your FTM (or any other asset) you can purchase $fLIBERO

If you have trouble with purchasing the price may be moving too quickly and you may need to adjust your slippage.

You can adjust the slippage by the gear icon.

Remember you will need an equal amount of $FTM & $fLIBERO to make your LP & you will need to leave some $FTM for gas for your transactions.

Tax

Please read this carefully

You will need to adjust your slippage to 14%+ in order to account for the tax found on Fantom Libero to BUY and at least 25% to sell Fantom Libero

Swap

When you are happy with your amount press “Swap”

Double check everything is good then hit “Confirm Swap” & pay the gas fee

If you get this error you need to adjust the slippage.

See the above section on adjusting for slippage in case of tax purposes

Remember you’ll need an equal amount of FTM & $fLIBERO to make the LP & extra FTM for gas!

Before You Add LP Read This From Libero Team

When you form your LP for $fLIBERO and when you break your LP there will be a TAX on the transaction. You will however be earning your 2.04% daily interest on your $fLIBERO & once you place your $fLIBERO + FTM into the farm you’ll be earning $DKNIGHT as well. Double rewards!

20% tax on formation of LP
14% on breaking the LP
You will still get the autostake rewards of 2.04% daily interest in $fLIBERO while in LP

Add Your LP

https://darkdex.knightswap.financial/#/add/ETH/0xC3f069D7439baf6D4D6E9478D9Cc77778E62D147

This will be the direct link for adding fLIBERO — FTM LP (there may be a delay for $fLIBERO to load into the screen give it some time, you can always do this manually by inputting the contract address)

0xC3f069D7439baf6D4D6E9478D9Cc77778E62D147

You need an equal amount of FTM + fLIBERO to make the pair

Press “Approve fLIBERO” you may need to wait for the screen to change to “Supply” or refresh the page after a bit

Press “Supply” & then “Confirm Supply” if everything looks good.

Once that final transaction is successful you’ll be able to see your LP tokens that you created at the bottom of the screen.

Farm Time! Bring your LP to the “Farms” tab

Here is the direct link

https://dark.knightswap.financial/farms

Scroll down to the bottom of the page and click on fLIBERO FTM LP

Hit “Approve Contract.” Once the approve goes through your menu will change to having “Stake” Press that to add your LP & start watching your $dKNIGHT stack up!

“+” Adds more LP (this will appear after you stake some LP in)
“-” Take LP out (this will appear after you stake some LP in)
“Harvest” Claim the $dKNIGHT you have earned into your wallet

$dKNIGHT → $fLIBERO Raid Pool

Dark Knights! You can now put your $dKNIGHT tokens to use in the RAID Pool to earn $fLIBERO

Head to the Raids tab if you are doing this from the main menu

You’ll need to first “Approve dKNIGHT”

The “+” button allows you to stake your $dKNIGHT
“Unstake dKnight” takes the $dKNIGHT out of the pool & back to your wallet
“Harvest” — claims the partner token ($fLIBERO) to your wallet

When a Pool is just launched you can check the Details tab and you will see a end countdown. This is when the rewards for a pool will start when that block time is at 0. Once it ends the true time for the duration of the pool will begin.

You can reference these other pools to see.

So the higher the number the longer the pool will last. Each number represents a block and 1 block in FTM can range from .8–1.3 seconds so you can use 1 second as a rough estimate to figure out how much duration a particular Raid may have left.