ICYMI: Bonq recently launched their liquidity raise on Fundrs and DeFi Terminal.
20 Dec 2022, 20:59
🔔 ICYMI: Bonq recently launched their liquidity raise on Fundrs and DeFi Terminal 💪
Find the full getting started guide here (recently updated!), or check our step-by-step guide on how to participate 👇
These are the campaign requirements for anyone interested in participating:
✅ Users need to be staking on Fundrs.
✅ Users must have the needed rALBT
✅ Users must have $USDC or $DAI, and $BEUR
1️⃣ Getting Tokens
The first thing users need to do is get $USDC or $DAI and bridge it to Polygon using the Polygon Wallet Bridge.
Next, get $BEUR, by creating a trove on Bonq, or you can swap $USDC, $DAI, $wALBT, $wMATIC or $wETH on Uniswap (Polygon).
Tip: For an easy calculation, you can deposit 55% of the DAI or USDC tokens you have on Bonq to mint $BEUR.
2️⃣ Staking $ALBT on Fundrs
You must be actively staking on Fundrs to participate in the campaigns. Depending on the amount of $ALBT staked, you can access Regular, Bronze, Silver, Gold or Platinum Tiers.
Moreover, the campaigns you can participate in on @BonqCH's DeFi Terminal will depend on your Fundrs staking tier. Each campaign will have different rALBT requirements as well.
You can earn reputation points on Fundrs through Regular Staking or Locked Staking.
Regular Staking lets you earn rALBT as long as your $ALBT is staked in Fundrs. You can unstake anytime you want.
Locked Staking lets you earn rALBT up front in exchanging for locking your tokens in Fundrs for a specific amount of time. You can only do this once, and you cannot add to it once you have something locked.
If you’re going to lock your staking, make sure to use our calculator beforehand to make sure you will receive the correct amount of rALBT for the tier you want.
Tip: You can use our handy calculator to estimate how much rALBT you can earn depending on your $ALBT staking.
3️⃣ Providing Liquidity on Bonq's DeFi Terminal Portal
On Bonq’s DeFi Terminal portal (Polygon), you can select the campaign you wish to participate in. You can access the campaigns based on your Fundrs Tier, or below. You need to have the required rALBT amounts to access each campaign.
To provide liquidity, approve access in Metamask to your $USDC or $DAI tokens, as well as $BEUR. Next, specify the amount of tokens you wish to provide. You will receive LP tokens representing your share of the pool after you've successfully provided liquidity.
4️⃣ Staking LP Tokens and Earning $BNQ Rewards
You can stake your LP tokens for a specific token pair in campaigns you can access. For example, you have an LP token for $USDC/$BEUR, and have a Gold Tier in Fundrs. You can stake your LP tokens in the Regular, Bronze, Silver and Gold campaigns for this token pair, provided you have the required rALBT.
You can then easily provided more liquidity, or unstake and stake your LP tokens in other campaigns for the token pair.
You can also claim $BNQ rewards anytime without unstaking your LP tokens.
If you followed these steps you should be earning rewards by now, congratulations! 🙌
Stay up to date with all of our developments by joining our official announcement channel 👇
#NoMercy
Same news in other sources
120 Dec 2022, 20:59
🔔 ICYMI: Bonq recently launched their liquidity raise on Fundrs and DeFi Terminal 💪
Find the full getting started guide here (recently updated!), or check our step-by-step guide on how to participate 👇
These are the campaign requirements for anyone interested in participating:
✅ Users need to be staking on Fundrs.
✅ Users must have the needed rALBT
✅ Users must have $USDC or $DAI, and $BEUR
1️⃣ Getting Tokens
The first thing users need to do is get $USDC or $DAI and bridge it to Polygon using the Polygon Wallet Bridge.
Next, get $BEUR, by creating a trove on Bonq, or you can swap $USDC, $DAI, $wALBT, $wMATIC or $wETH on Uniswap (Polygon).
Tip: For an easy calculation, you can deposit 55% of the DAI or USDC tokens you have on Bonq to mint $BEUR.
2️⃣ Staking $ALBT on Fundrs
You must be actively staking on Fundrs to participate in the campaigns. Depending on the amount of $ALBT staked, you can access Regular, Bronze, Silver, Gold or Platinum Tiers.
Moreover, the campaigns you can participate in on @BonqCH's DeFi Terminal will depend on your Fundrs staking tier. Each campaign will have different rALBT requirements as well.
You can earn reputation points on Fundrs through Regular Staking or Locked Staking.
Regular Staking lets you earn rALBT as long as your $ALBT is staked in Fundrs. You can unstake anytime you want.
Locked Staking lets you earn rALBT up front in exchanging for locking your tokens in Fundrs for a specific amount of time. You can only do this once, and you cannot add to it once you have something locked.
If you’re going to lock your staking, make sure to use our calculator beforehand to make sure you will receive the correct amount of rALBT for the tier you want.
Tip: You can use our handy calculator to estimate how much rALBT you can earn depending on your $ALBT staking.
3️⃣ Providing Liquidity on Bonq's DeFi Terminal Portal
On Bonq’s DeFi Terminal portal (Polygon), you can select the campaign you wish to participate in. You can access the campaigns based on your Fundrs Tier, or below. You need to have the required rALBT amounts to access each campaign.
To provide liquidity, approve access in Metamask to your $USDC or $DAI tokens, as well as $BEUR. Next, specify the amount of tokens you wish to provide. You will receive LP tokens representing your share of the pool after you've successfully provided liquidity.
4️⃣ Staking LP Tokens and Earning $BNQ Rewards
You can stake your LP tokens for a specific token pair in campaigns you can access. For example, you have an LP token for $USDC/$BEUR, and have a Gold Tier in Fundrs. You can stake your LP tokens in the Regular, Bronze, Silver and Gold campaigns for this token pair, provided you have the required rALBT.
You can then easily provided more liquidity, or unstake and stake your LP tokens in other campaigns for the token pair.
You can also claim $BNQ rewards anytime without unstaking your LP tokens.
If you followed these steps you should be earning rewards by now, congratulations! 🙌
Stay up to date with all of our developments by joining our official announcement channel 👇
#NoMercy
ICYMI: Bonq recently launched their liquidity raise on Fundrs and DeFi Terminal.
🔔 ICYMI: Bonq recently launched their liquidity raise on Fundrs and DeFi Terminal 💪
Find the full getting started guide here (recently updated!), or check our step-by-step guide on how to participate 👇
These are the campaign requirements for anyone interested in participating:
✅ Users need to be staking on Fundrs.
✅ Users must have the needed rALBT
✅ Users must have $USDC or $DAI, and $BEUR
1️⃣ Getting Tokens
The first thing users need to do is get $USDC or $DAI and bridge it to Polygon using the Polygon Wallet Bridge.
Next, get $BEUR, by creating a trove on Bonq, or you can swap $USDC, $DAI, $wALBT, $wMATIC or $wETH on Uniswap (Polygon).
Tip: For an easy calculation, you can deposit 55% of the DAI or USDC tokens you have on Bonq to mint $BEUR.
2️⃣ Staking $ALBT on Fundrs
You must be actively staking on Fundrs to participate in the campaigns. Depending on the amount of $ALBT staked, you can access Regular, Bronze, Silver, Gold or Platinum Tiers.
Moreover, the campaigns you can participate in on @BonqCH's DeFi Terminal will depend on your Fundrs staking tier. Each campaign will have different rALBT requirements as well.
You can earn reputation points on Fundrs through Regular Staking or Locked Staking.
Regular Staking lets you earn rALBT as long as your $ALBT is staked in Fundrs. You can unstake anytime you want.
Locked Staking lets you earn rALBT up front in exchanging for locking your tokens in Fundrs for a specific amount of time. You can only do this once, and you cannot add to it once you have something locked.
If you’re going to lock your staking, make sure to use our calculator beforehand to make sure you will receive the correct amount of rALBT for the tier you want.
Tip: You can use our handy calculator to estimate how much rALBT you can earn depending on your $ALBT staking.
3️⃣ Providing Liquidity on Bonq's DeFi Terminal Portal
On Bonq’s DeFi Terminal portal (Polygon), you can select the campaign you wish to participate in. You can access the campaigns based on your Fundrs Tier, or below. You need to have the required rALBT amounts to access each campaign.
To provide liquidity, approve access in Metamask to your $USDC or $DAI tokens, as well as $BEUR. Next, specify the amount of tokens you wish to provide. You will receive LP tokens representing your share of the pool after you've successfully provided liquidity.
4️⃣ Staking LP Tokens and Earning $BNQ Rewards
You can stake your LP tokens for a specific token pair in campaigns you can access. For example, you have an LP token for $USDC/$BEUR, and have a Gold Tier in Fundrs. You can stake your LP tokens in the Regular, Bronze, Silver and Gold campaigns for this token pair, provided you have the required rALBT.
You can then easily provided more liquidity, or unstake and stake your LP tokens in other campaigns for the token pair.
You can also claim $BNQ rewards anytime without unstaking your LP tokens.
If you followed these steps you should be earning rewards by now, congratulations! 🙌
Stay up to date with all of our developments by joining our official announcement channel 👇
https://t.me/allianceblock
#NoMercy