SUTER-BNB PancakeSwap LP Liquidity Mining Tutorial

Suter Shield BSC privacy mining program has been launched for more than 2 weeks with over 2000 users and transaction volume exceeding 94 million USD. The TRY (Transaction return per Year ) of both mining pools remains above 2,000%. We aim to further expand the user base on Suter BSC and invite more users to join the Suter BSC ecosystem. Therefore, we will launch our new Suter liquidity mining pool on Cake next Monday (March 29th). The most interesting feature of the new liquidity mining program is the “referral code”-based mining program.

1. Preparation for the SUTER-BNB LP token liquidity mining, using Token Pocket as an example

1). Fill your BSC account with the BEP-20 SUTER and BNB tokens. You need to have tokens worth around the same USD value.

There are currently three ways to obtain BEP-20 SUTER tokens

a. Suter Bridge, Suterusu’s own cross-chain platform that converts ERC-20 Suter token into BEP-20 Suter token (https://bridge.suterusu.io/).

b. Purchase BEP-20 SUTER tokens from PancakeSwap. (https://exchange.pancakeswap.finance/#/swap)

c. Deposit ERC-20 SUTER to MXC Exchange (https://www.mxc.com) or purchase SUTER and then withdraw BEP-20 version of SUTER.

2). Login to PancakeSwap to select the “Liquidity” tab, click “Add Liquidity”

3). Click “Select a currency”, enter the SUTER token contract address in the box, which is 0x4cfbbdfbd5bf0814472ff35c72717bd095ada055, enter the number of SUTER and BNB tokens, and click confirm to add liquidity and claim SUTER-BNB LP token. Learn how to use PancakeSwap, which is very similar to Uniswap, and the tutorial can be found on: https://academy.binance.com/zh/articles/a-guide-to-pancakeswap

4). Login to the Suter Shield BSC official website and connect to the same BSC account on your wallet, you will see the amount of SUTER-BNB LP tokens in “My LP Token Balance”. Here is the link of how to configure the BSC wallet, and the Suter Shield BSC tutorial: https://medium.com/suterusu/bsc-suter-shield-mining-tutorial-bd3fc323f744

2. Mining

1). Click “Max” to select all LP tokens to join the mining program. If you only plan to use part of LP tokens to participate in mining, fill in the number of participating mining LP tokens in the options box, click “Deposit” to start mining, and “LP Staked” You can see the amount of LP tokens staked for mining, and you can see the cumulative number of mining rewards in “Rewards Available”

2). SUTER-BNB LP token liquidity mining calculates mining power based on the amount of LP tokens staked and staked time, that is to say, the more LP tokens staked, the longer the tokens are staked, the more mining rewards you will receive; if you decide to stop mining, You need to “Withdraw” first, and claim the mining rewards to your personal account through the “Claim Rewards”

3.Use referral code to increase mining power

You can increase your own mining power by inputting other users’ “ referral code “, or you can increase your own computing power by referring others to use your “ referral code ”:

1). Use the referral code from the other users: fill in the referral window with the referral code generated by your referrer, and you can increase your mining power by 5%, and you can use the referral code only once and the filled referral code cannot be changed. Example: I have a Suter-BNB LP token worth 1 million USDT at the beginning. After filling in the referral code from user A, my mining power will increase by 1 million x 5% = 50,000, and my total mining power will be 1.05 million.

2.) Share your referral code with the other users, and you will gain an extra mining power equal to 5% of the total mining power of the users who use your referral code (users who use their own referral code will also increase their mining power), for example: suppose the total mining power of the users who use the referral code of users A is 2 million, then user A will gain an extra computing power 2 million x 5% = 100,000.

Attention: Once the referee removes the LP token, the respective extra mining power obtained by the referrer will be removed.

Please join our SUTER-BNB LP liquidity mining program on CAKE!