Public Mint
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Public Mint

Introducing Phase One of the Public Mint Liquidity Rewards Program

How It Works

  • You must provide liquidity to the MINT/ETH Uniswap V2 Pool by clicking the Add Liquidity button and supplying both ETH and MINT to the Uniswap pool.
  • Uniswap will automatically issue MINT-ETH-LP-UNI-V2 tokens. These LP tokens represent your proportional share of ETH and MINT within the Uniswap pool.
  • After following the above steps, visit https://stake.publicmint.com, click the Connect Wallet button and select the Ethereum address that holds your MINT-ETH-LP-UNI-V2 tokens in Metamask. Click the Lock LP Tokens button and then the Approve Lock button. You will then be able to click the Stake button (or + button if you already staked) and select the amount of LP coins you want to lock to the Liquidity Reward Program contract.
  • Locked LP tokens can be unstaked immediately at any point of time by clicking an Ustake button and rewards can be claimed by clicking the Harvest button.
  • Each day for 30 days ~33,333 MINT will be proportionally rewarded to all Liquidity Program participants based on the amount of LP tokens they lock divided by the total LP tokens locked into the Uniswap Liquidity Reward Program..
  • It is recommended that you use the MetaMask wallet and the latest Chrome browser to interact with https://stake.publicmint.com. If you encounter any issues you can interact directly with the smart contract distributing rewards, which you can find via https://stake-contract.publicmint.com. The stake function allows you to lock LP tokens, getReward allows for harvesting rewards and exit allows for unlocking your LP tokens.

Distribution Rules

  • All Uniswap trading fees (0.3% per trade) are automatically distributed to Uniswap MINT-ETH liquidity providers, which is standard on any Unswap liquidity pool and for any Uniswap liquidity provider. Participating in the Public Mint Liquidity Rewards Program does not impact your basic yield for providing liquidity on Uniswap.
  • MINT rewards are distributed proportionally based on the LP tokens held by any one individual divided by the total of all LP tokens locked by other Public Mint Liquidity Rewards Program participants.
  • Rewards can be harvested every block.
  • LP Tokens can be unstaked at any point of time. You will need to unstake your LP tokens from https://stake.publicmint.com before being able to remove liquidity from Uniswap.
  • While Uniswap LP token staking is enabled now, the reward distribution will start at 7:15 PM UTC on March 8th, 2021. This allows all contributors a fair start and the ability to supply liquidity and stake their LP tokens before the Public Mint Liquidity Rewards Program starts.

About Public Mint

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