$pOPEN LP Farming update
Out with the old, in with the new!
As they say - All good things must come to end, but that doesn’t mean they can’t get replaced by BETTER things, right?
Some switched on OpenDAO-ians may have already noticed, that right on schedule rewards for the PancakeSwap hosted pOPEN-BNB farms have now ended.
Never fear!
Faster than you can say why-do-bunnies-love-pancakes-and-syrup-so-much-anyway - a new farm for OpenDAO holders to stake their pOPEN-BNB LP tokens has been deployed on the OmniFARMS platform.
With many thanks to our portfolio partners Omni Consumer Protocols, presenting ..
New pOPEN LP staking on OmniFARMS
Farm is online now, and can be found here:
https://omnifarms.ocp.finance/#/farm/0x5f468dD92d6836DE9438C5Ef5106D1083303f2A6
Rewards begin 29th Aug @ around GMT 00:00
You can follow this countdown for exact Binance Smart-Chain block:
https://bscscan.com/block/countdown/10435909
Rewards will run for 6 months, until the end of February 2022.
To migrate your stake from Pancake to OmniFARMS, a few simple steps.
( 1 . Un-Stake from Pancake )
As our pOPEN farm has ended, it is now found on their farms ‘history’ page here:
https://pancakeswap.finance/farms/history
Should then see your position similar to this:
- So just click the [-] button on the right here ..
- Then in the popup that appears, click ( Max ) and [ Confirm ] ..
- And done! Well, halfway there.
With LP tokens back in wallet, let’s move them to OmniFARMS
( 2 . Stake on OmniFARMS )
- First step, click [ Enable ]
- Now with the dAPP enabled you should see your LP balance displayed super accurately. Obviously we want to stake it all, so just click [MAX] and [STAKE]
Boom!
As mentioned earlier — Farm Rewards begin around GMT 00:00, 29th August and will run for the next 6 months, so be sure to check back every now and then to harvest the pOPEN you’ve earned.
TL;DR
Pancake farm finished, unstake LP:
https://pancakeswap.finance/farms/history
Another starting on OmniFARMS Aug 19th, stake LP here:
https://omnifarms.ocp.finance/#/farm/0x5f468dD92d6836DE9438C5Ef5106D1083303f2A6
pOPEN single-asset staking on OCP’s OmniCOMP - Currently 55% APY:
https://omnicomp.ocp.finance
If you have any more questions or would just like to jump into our community and chat, check out our socials and the other links below!
- Twitter
https://twitter.com/opendaoprotocol - Telegram
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https://www.reddit.com/r/OpenDAO/
