FxBox.io: P2E Financial Games (NFTs and Trading)
  • ๐Ÿ’ตFxBox.io ($FXB) Overview
  • ๐ŸŽฏRoadmap 2023-2024
  • FXBOX ASSETS
    • ๐ŸŒŽTokenomics
      • ๐Ÿ’ธFXB Token (BEP20)
      • ๐ŸŸงNFT Currencies
  • FXBOX Farming
    • ๐Ÿ’ฐFarming NFT
  • FXBOX GAMEFI
    • ๐ŸŽLucky FxBox
    • ๐Ÿ’ตNFT System
      • โ›๏ธNFT Mining
      • ๐Ÿ›’NFT Marketplace
      • โญNFT Upgrading
      • ๐ŸšปNFT Teaming
      • ๐Ÿ”—NFT Merge
      • ๐Ÿ’ทNFT Summon (Fees will be burned)
    • ๐ŸŽฑDecentralized Lottery FxBox (BSC)
      • ๐ŸŽฑDecentralized Lottery "RAPIDO"
      • ๐ŸŽฑDecentralized Lottery "RAPIDO 2"
      • ๐ŸŽฑDecentralized Lottery "Lucky Crypto 4x20x2" (BSC): $FXB - $USDT - $BNB
      • ๐ŸŽฑDecentralized Lottery "6x45" (BSC): $FXB - $USDT - $BNB
      • ๐ŸŽฑDecentralized Lottery "5x36+1" (BSC): $FXB - $USDT - $BNB
      • ๐ŸŽฑDecentralized Lottery "Line 5" (BSC): $FXB - $USDT - $BNB
  • ๐Ÿ”ฎDecentralized Oracle Market Prediction. GameFi
    • How to Use Oracle Market Prediction
    • Oracle Market Prediction FAQ
  • ๐Ÿ’ฑForeign Exchange Market (FOREX)
    • ๐Ÿ–ฅ๏ธForex Trading Platform BASE
      • FxBox PC Trader
      • FxBox Web Trader
      • FxBox Mobile Trader
      • Traderโ€™s Room
    • ๐Ÿ–ฅ๏ธForex Trading Platform PRO
      • ๐Ÿ“ˆCharting
      • ๐Ÿ’ดTrading
      • ๐Ÿ“ฑMobile
      • ๐Ÿ’ธCopy Trading
      • ๐Ÿ’ปAutomate Trading
    • ๐Ÿ’ตWhats is Forex?
    • ๐Ÿ“ˆForex Trading
  • ๐Ÿ’ธMini Games
  • โœ๏ธTerms of Use
Powered by GitBook
On this page
  • 1. What is Yield Farming
  • 2. LP Token
  • 3. HOW FXBOX Farmed๏ผŸ
  • 4. $FXB Liquidity Pools (LP)
  • 5. Instructions
  1. FXBOX Farming

Farming NFT

To get Currency NFT need to accumulate points.

PreviousNFT CurrenciesNextLucky FxBox

Last updated 1 year ago

This section will elaborate on the content related to Yield Farming (liquidity mining).

1. What is Yield Farming

Yield Farming

"Liquidity mining" in DeFi refers to the process of depositing or lending designated token assets as required through DeFi products with a mining mechanism to provide liquidity for the swap fund pool and obtain income. This may be the native token of the project.

On the FXBOX platform, deposit the FXB-BNB LP or FXB-USDT LP to increase liquidity for the pools. As a reward for providing liquidity, participants to get airdrop of Points.

Banks

Each BANK contract is a smart contract that automatically optimizes and delivers the best yield farming strategy for users across the Binance Smart Chain ecosystem. Users can stake their stable tokens or LP Tokens into the BANK contract. Each BANK contract has their unique optimized yield farming strategy through different DeFi protocols.

2. LP Token

What is LP token

LP (Liquidity provider) usually be understood as a token certificate that the liquidity pool returns to the user when the user staked tokens into the pool.

At present, all LPs on the FXBOX platform are Pancake's LPs, and the LPs that provide liquidity on the pancake can be directly deposit on FXBOX.

Get LP token

Deposit two digital token for instance FXB/BNB into Pancake Swap's pool to obtain LP tokens, or add liquidity on FXBOX.

How to generate 1 unit of FXB-BNB LP?

Assuming that the price of BNB is 250 USDT and the price of FXB is 0.0001 USDT, when 1 BNB is provided, 2,500,000 FXBs are required.

3. HOW FXBOX Farmed๏ผŸ

Source

  1. All staked tokens will be converted to Points amount to determine the amount of Points airdropped daily.

  • 1 point = 1 USD TVL/day (Points will be calculated every 1 hour, based on the current TVL of pool)

2. Users can yield farm by staking Pancakeswap FXB-BNB LP (BEP20) or FXB-USDT LP into FXBOX banks to obtain Points.

3. Each Bank Pool will be allocated a certain percentage of daily Points. Each user will be airdropped Points according to their weight in FXB-BNB LP pool.

5. FXB can be withdrawn any amount to a user's wallet.

4. $FXB Liquidity Pools (LP)

$FXB/BNB or $FXB/USDT tokens pairs can be staked and farmed NFTs with reward points, which can be earned daily based on TVL pools.

Earning rate:

  • 1 point = 1 USD TVL/day (Points will be calculated every 1 hour, based on the current TVL of pool)

  • Net Protocol: BEP20 (BSC)

For now, you will be able to farm Common to Legendary currencies NFTs.

You can claim the desired NFT when the enough quantity of points is earned.

Common - 50,000 points

Uncommon - 100,000points

Rare - 200,000 points

Epic โ€“ 400,000 points

Legendary - 1,000,000 points

5. Instructions

When withdrawing LP, a handling fee will be charged according to the pledge time, the specific values are as follows:

Your tokens can be withdrawn from BANK contracts at anytime. To prevent bad actors from gaming the system, Bank contracts have a tiered withdrawal fee depending on how long liquidity has been provided for.

Liquidity Time

Withdraw Fee

7 days or less

1%

8 - 14 days

0.7%

15 - 30 days

0.5%

31 - 90 days

0.3%

91 - 180 days

0.1%

More than 181 days

0%

Join the OFFICIAL social media profiles of FxBox

Telegram Chat:

Twitter:

Discord Chat:

๐Ÿ“บ Youtube:

๐Ÿ’ฐ
โฌ‡๏ธ
๐Ÿ’ฌ
https://t.me/FxBox_Official
๐Ÿฆ
https://twitter.com/FxBox_Official
๐ŸŽฉ
https://discord.gg/mwQ4UUbdN3
https://www.youtube.com/@fxbox_io