We plan to launch the SWOP governance token next week. We are ready to calculate and record the distribution of the early-bird reward of 1 M SWOP (see details). From then on, the rules for granting liquidity providers change. To get rewarded in SWOP, current LPs should stake their share tokens to the SWOP farming smart contract.
SWOP farming reward is 1 M SWOP for the first year of SWOP circulation. The SWOP farming smart contract will be initialized as if it has already been launched and within 7 days, so that ~ 19,178 SWOP will be immediately available and divided between those LPs who staked share tokens in advance (along with another ~ 19,178 SWOP for early-bird LPs).
How to stake share tokens
- In Swop.fi, switch to the Investments → Farming tab.
- Find a pool you invested in.
- Click Add more and enter the amount of share token.
- Sign the transaction.
Please note: the SWOP reward will start being credited only when the token is launched.
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