We’ve always aimed to make DeFi a priority for our community at XCAD Network, now we are adding to our previous 6 staking options, through a BSC Liquidity farm to increase liquidity on BSC as requested by the community.
You can now stake XCAD + BUSD on BSC to earn rewards in XCAD.
How to stake :
- Go to : https://pancakeswap.finance/
- Go to Trade & click ‘Liquidity’
- Add XCAD & BUSD
- Provide Liquidity to get XCAD/BUSD LP token
- Go to : https://tokensfarm.com/xcad/lp/1 and deposit XCAD/BUSD LP tokens
XCAD BSC Contract address: 0x431e0cd023a32532bf3969cddfc002c00e98429d
The rewards for this Liquidity farm are 50,000 XCAD’s, over a 60 day period. Please be aware impermanent losses can occur. *
There is a minimum lock-up period of 5 days for this BSC Farm.
This now provides a Liquidity farm staking option for Binance Smart Chain (BSC) further enabling liquidity and DeFi earning options for BSC holders.
Link to farm : https://tokensfarm.com/xcad/lp/1
Link to Bridge ERC20 XCAD TO BSC : https://app.chainport.io/
Click here to see an: Article outlining all XCAD staking options
**Impermanent loss happens when you provide liquidity to a liquidity pool, and the price of your deposited assets change compared to when you deposited them. The bigger this change is, the more you are exposed to impermanent loss. In this case, the loss means less dollar value at the time of withdrawal than at the time of deposit.
Impermanent loss calculator: https://dailydefi.org/tools/impermanent-loss-calculator/
Join Our Community!