JINDO INU farming FAQ
When does the farming start?
- JIND/BNB LP POOL
You can stake now JIND/BNB LP POOL https://app.polarisdefi.io/supernovas-2
If you’ve staked on the jind/jind pool before, go to https://app.polarisdefi.io/supernovas-2/history and unstake it.
If you lose your tokens on jind/jind pool, find the staked and unstaked transactions and send them to Telegram jin jin.
On which platform will the farming be conducted?
What are the tokens I must use for farming?
- JIND/BNB -LP
How to get LP tokens
- GO PANCAKESWAP
- CLICK MENU TRADE ( Liquidity)
- CLICK ADD Liquidity
- PUT IN JIND+BNB ( If you enter the quantity of bnb, the quantity of jind is automatically adjusted.)
- Receive JIND/BNB LP
- GO polaris (https://app.polarisdefi.io/supernovas-2)
- CLICK ‘APPROVE CONTRACT’
- stake LP
How much does it cost me to start farming?
You only need to pay a small gas fee for the transaction.
What is the total farming reward?
- JIND/BNB -LP POOL
What APY can I expect?
First farmers will get the biggest APY (annual percentage yield), it can be way more than 1000% at start, but it reduces over time as more and more people enter the farming pool.
Is there a minimum or maximum amount of JIND I can lock in the pool?
No, you can lock as little or as much as you want.
What are the farming risks?
We are a token with a 3% transaction fee.
Therefore, 3% transaction fees are incurred when staking and when unstaking.
Therefore, staking a short amount of time can rather reduce the number of tokens. BECAREFUL
The farming associated risk is the impermanent loss, meaning if the token which is received as a reward (JIND) can significantly lose in USD value since the moment you bought it to the moment you receive your reward. It can of course also significantly gain in value, so the profit can be even bigger.
Can I start farming at a later date?
Of course, you can enter any time during the 60 day farming period. However, you will not have accumulated as many share seconds as if you would have, had you entered farming earlier.
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