Seedify V2: Locked Staking and Farming
Hello, Seedify Community!
Today, we are thrilled to share more information about our new staking and farming website, the first Seedify V2 product release, which will go live on October 25th 2021!
Having finalized two audits, one by Certik and one by Zokyo, along with stringent community testing, we are excited and ready to introduce some of our highly anticipated locked staking and farming website features.
Starting on October 25, staking and farming will move to our own website, and new pools on Tosdis.finance will NOT be introduced.
To participate in IDOs/IGOs, SFUND holders will need to lock their SFUND tokens in the staking pool or their LP tokens in the farming pool.
More Commitment, More Rewards
By moving staking to the Seedify website, we have the ability to implement a system that’s designed to reward SFUND holders who commit to longer staking periods with incrementally higher rewards.
Seedify locked staking has four lock period options: 30 days, 90 days, 180 days and 270 days. A 30-day lock will offer 1% APY, a 90-day lock will offer 3% APY, 180 days will give 7% APY, and 270 days will give 11% APY.
Simply put, staking for a more extended period gives you the potential to multiply your rewards with a much higher APY!
Holders waiting to stake their SFUND tokens to receive tokens from incubated projects will have the ability to earn more SFUND rewards now by committing to longer staking times, thus increasing their future earning potential through incubation staking.
We will share an additional announcement about locked yield farming before October 25th 2021.
Getting Started
Let’s take a look at a quick guide on how to get started with staking and farming:
Staking your SFUND tokens
Step 1: Enter the Seedify Staking platform.
Step 2: Connect your wallet to the appropriate network (Binance/Ethereum/Arbitrum) by clicking on the ‘Connect” button in the top right corner. (If you’re using a wallet dApp browser, your wallet may automatically connect).
Double-check that you’re accessing the right web page prior to connecting your wallet — https://seedify.fund/sfund?type=stake
Step 3: Select ‘Stake’.
Step 4: Select the length of time you wish to lock your SFUND tokens for, from 30, 90, 180 or 270 days.
Step 5: Click the ‘Approve’ button and confirm.
Step 6: Enter the amount you wish to stake.
Step 7: Click on the “Stake” button.
Step 8: Click the ‘Confirm’ button, then confirm the transaction.
Step 9: Enjoy watching your SFUND rewards grow!
If you want to keep track of your staking rewards, you can use this amazing tool created by the Seedify HODLers; it’s an SFUND LP/Staking Rewards Calculator: https://calculator.seedifyhodlers.com/
Farming
Step 1: Enter the website address in your browser search field and open the website.
Step 2: Connect your wallet to the appropriate network (Binance/Ethereum/Arbitrum) by clicking on the ‘Connect’ button in the top right corner. (If you’re using a wallet dApp browser, your wallet may automatically connect.)
Step 3: Select ‘Farm’
Step 4: The new Pancake Swap pool should be selected because the old Pancake Swap pool is closed.
Step 5: If you haven’t provided liquidity yet, click on the ‘View Pool’ button and provide SFUND and equal value BNB to the respective DEX liquidity pool. You will receive LP tokens.
Step 6: Click on the pool’s ‘Approve’ button and confirm the transaction.
Step 7: Click the ‘Stake’ button
Step 8: Enter the amount of LP tokens you wish to stake.
Step 9: Click the ‘Confirm’ button and confirm the transaction.
Step 10: Enjoy your farming rewards!
Please refer to this article for detailed information and step-by-step guides on bridging, staking, and farming your $SFUND on the Ethereum and Arbitrum networks.
About Seedify
Seedify is a Web3 projects’ incubator and launchpad, empowering innovators and project developers with access to funding, community building, marketing, and a high-calibre partnership network with a complete support system to help bring premier projects to our community and beyond.
Please refer to the following links to learn more about Seedify and Seedworld (Seedify’s UGC-based Gaming Metaverse):
Seedify:
Seedworld:
