LP Mining
Last updated
Last updated
After you provide liquidity, you will get the corresponding LP Token according to the contribution ratio of the current NFT Pool, which will be used as a measure of your contribution to the current NFT Pool.
Click "LP Mining" and select the NFT-ETH pair that you provide liquidity.
1️⃣ Stake LP Token
Stake LP Token, select the amount (less than or equal to your balance), and click "Approve", click "stake".
After the Stake is successful, you can see the balance changes.
Click "Claim all" to claim the generated Stake LP token income.
2️⃣ Withdraw LP Token
Enter the amount you want to "withdraw" and click "withdraw".
Intswap has designed an exclusive staking pool for each created NFT trading pair. Any LPs can stake their LP tokens to the corresponding staking pool to earn extra yields other than trading fees. The specific yields distribution will be determined according to the incentive strategies bound by the staking pool, and the LP only needs to complete the stake once to obtain all the benefits brought by the bound incentive strategy.
There are three types of incentive strategies:
Royalty Reward Distribution
Yield Farming
Custom Farming Strategies
1️⃣Royalty Reward Distribution
The first incentive strategy designed by Intswap is Royalty Reward Distribution.
The creator can use the corresponding proportion of the funds in the Royalty generated by each transaction as a reward, and distribute it to all LPs in the staking pool according to the staking ratio, and the profit sharing is completed immediately along with the NFT transaction. We hope that in this way, we can help NFT Creator and LPs achieve a win-win situation.
2️⃣Yield Farming
The second incentive strategy designed by Intswap is Yield Farming.
The strategy allows NFT creators to lock in a certain amount of ERC20 tokens as reward tokens and set up a reward cycle.They can choose to use their own ERC20 Tokens issued by their own economic model as rewards, or choose to use third-party ERC20 Tokens as well. Then, the Yield Farming strategy will automatically distribute profits according to the proportion of LP staking in the staking pool. Rewards will be distributed at a fixed rate per second.
3️⃣Custom Farming Strategies
In addition to the above two incentive strategies, we also allow NFT creators to design and bind customized incentive strategies according to their own needs for their corresponding staking pools to meet their business models. This will bring Intswap's with higher flexibility.