Situations for trading on Convergence
Because its establishment, Convergence Finance Constructed with the vision of bringing true-globe and personalized asset investment publicity to DeFi end users on a neighborhood platform, and end users prioritize anything from pace to value. value and safety to interface design and style. By bringing personal and exotic assets to DeFi, democratize and broaden investment options for DeFi end users, this kind of as forked NFTs, publicity to personal organizations or Pre-IDO tokens .
Staking principles to get tickets on Convergence Supplying
To make sure continued equitable entry for supporters, the platform has two groups on ConvO (Convergence Supplying), premium and public. There are 3 primary approaches to qualify for premium entry:
- Stake 50,000 CONV
- Stake 50,000 CONV well worth of CONV-ETH LP in ConvPool or
- Stake 50,000 CONV well worth of CONV-USDT LP in ConvPool.
This guarantees that all Convergence supporters who meaningfully contribute to the Convergence ecosystem are reasonably acknowledged for their contributions! With premium entry, whitelisted participants will be positioned in a separate pool and topic to a lottery method to make sure equal entry to the pre-IDO token sale.
CONV ticketing method
People who stake 50,000 CONV or equivalent Conv-LP worth will delight in (one) lottery tickets in the premium entry pool. Just about every stakeholder is permitted to get up to (ten) lottery tickets above 50,000 CONV holdings.
For illustration:
- Alice will get (two) premium pool lottery tickets if she stake one hundred,000 CONV
- Bob will get (four) premium standard lottery tickets if he stakes CONV-ETH LP well worth 200,000 CONV
- Charlie will only get (ten) premium lottery tickets even if he stakes twenty,000,000 CONV
- Doug will get (two) premium standard lottery tickets if he stakes 50,000 CONV and 50,000 CONV well worth CONV-ETH LP
- Emily will get () premium lottery tickets if she stakes thirty,000 CONV and twenty,000 CONV well worth CONV-ETH LP.
(… the highest amount of tickets acquired is ten tickets, equivalent to 500,000 CONV you ought to stake).
Directions for staking CONV
Phase one: Entry web-site: https://convx.conv.finance/, connect Metamask wallet
Phase two: Come staking pool to stake tokens, if you previously have the token offered.
Phase three: Decide on Pool to stake
There are three pools to stake, if there are tokens offered then just click “Stake +...” finished.
- Pool one: CONV with seven% APY, now locking 135,591,633.seven CONV tokens
- Pool two: CONV-ETH LP with 112% APY, now locking 266,264,7016 LP tokens (CONV-ETH LP)
- Pool three: CONV- USDT LP with 144% APY, now locked five,0714 LP tokens (CONV-USDT)
In situation there is no token: Initially you have to connect Metamask wallet to the platform, have ETH fuel as a charge, withdraw USDT (ERC20 network) to Metamask wallet to get CONV, then deliver Liqudidity Supplier liquidity.
To stake in pool one you ought to have CONV, get on Swap
Right after owning that CONV go back to the over pool to stake as follows Phase three.
To stake in pool two or three buddies ought to have LP . token. Back to area Pool Liqudity Pools. Selection of two pools delivering liquidity for CONV-ETH or CONV-USDT pairs.
Right after clicking “Decide on, displayed to the liquidity provision area. Will show the token pair that you want to deliver liquidity.
Enter the amount and press “Add Liqudity”, verify 1 far more time on Metamask wallet. You will then be returned LP tokens on the Metamask wallet as evidence of the liquidity presented. Go back to phase three as over to stake LP tokens.
Therefore, I have entirely summarized the fundamental ways for you to Swap, deliver liquidity (Liquidity Supplier) and Stake CONV tokens and LP tokens. Following time when you get your ticket to attend Pre-IDO, it will be swapped on this platform. Note that the platform will get a snapshot of the stake stability in the pool to establish the amount of tickets you get.
summary
Over are comprehensive guidelines on how to stake tokens and principles for participating in Pre-IDO on the Convergence Finance platform. The Convergence Finance task in the close to long term will listing newly launched and pre-IDO task tokens that are not only Utility tokens but also NFT tokens or Warp tokens. All details in the post is details presented by Coinlive. aggregates exploration and does not constitute investment information. Coinlive is not accountable for any direct and indirect hazards.
