StarMon
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  • StarMon
    • Project Introduction
    • Beginner Guide -Platform
      • Blockchain Basics
      • What Is badge NFT?
      • How to get Badge NFT
      • How accelerate farm mining with Genesis NFT
      • What is StarMon NFT
      • How to get StarMon NFT
        • How to exchange Starmons with Badge NFT
        • How to obtain Starmon through trade in the market
        • How to get Starmon eggs by breeding
        • How to get Starmons by hatching eggs
      • How to transfer NFT through ImYooShi
    • Beginner Guide-Game
      • How to Play the Game
      • Game Backstory
      • Basic information about Starmon
        • Elemental attributes
        • Ability value
        • Races
        • Potential
        • Evolution
        • Character
        • Training value
        • Talent
        • Star-level
      • Heterochromatic Flicker Starmon
      • Skills inventory
        • Skills Settings
        • Attacking Skills
        • Supporting Skills
        • Healing Skills
        • Tank Skills
      • Propagting system
        • Breeding system
        • Original Starmon breeding progress
        • The effects of breeding
          • Races Gene
          • Gene for Potential
          • Gene for Evolution
          • Gene for Character
          • Gene for Talent
          • Gene for Skill
      • Origin Starmon
        • Black Iron Badge
        • Bronze Badge
        • Silver Badge
        • Gold Badge
        • Diamond Badge
        • Legendary Badge
      • Descendent Starmon
      • Battle Mechanics
      • GamePlay
        • PVE Adventure
        • Battle Model
      • Peripheral Systems
        • Game's Main Interface
        • Energy Value
        • Quest System
        • Backpack
        • Starmons Management
        • Setting
    • StarMon Tokenamics
      • What Is $SMON
      • What Is $GST
      • GST Withdrawal Process
      • Deflation Model
    • Strategy
      • Genesis Starmons Match
      • Starmon’s Skill Match
  • More Information
    • Community Strategy
    • Announcement
      • 2022.5.2-StarMon New Version Update
      • 2022.4.11-StarMon VIP System is Coming!
      • 2022.3.19-StarMon Betting Function Will Go Live
      • 2022.1.25-StarMon P2E is Backing!
      • 2022.1.19-StarMon AMA Recap-Game Progress Update
      • 2022.1.6-StarMon Economic Upgrade & Recent Progress
    • Common Question
    • Information
    • Contact Us
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On this page
  • 1. How to stake LP
  • 2. How to achieve benefits?
  • 3. How accelerate mining with blockchain game Genesis NFT
  • 4. How to cancel LP stake?
  1. StarMon
  2. Beginner Guide -Platform

How accelerate farm mining with Genesis NFT

PreviousHow to get Badge NFTNextWhat is StarMon NFT

Last updated 3 years ago

1. How to stake LP

Step 1: enter YooShi's official website https://yooshi.io/, and click "Connect Wallet".

Step 2: find and click "Farms" to LP

APR stands for annual percentage rate, which need to be noticed that is not fixed but changes with the funds of award pools and the amount of funds staked.

Step 3: select the SMON/BUSD 2.0 liquidity pool and click "Stake"

Step 4: fill in the number of tokens to form LP

Participating in LP is to skake the LP composed of SMON和BUSD of the same value as a voucher. For example, 100 BUSD can be staked with SMON of 100 BUSD.

Step 5: click "Stake" to complete the stake.

2. How to achieve benefits?

Enter the "Farm" interface and click "Harvest" to obtain revenue

3. How accelerate mining with blockchain game Genesis NFT

SMON/BUSD 2.0 support accelerating mining with Genesis NFT provided that LP has been staked.

Step 1: enter the Farm interface and click "Boost".

Step 2: select and stake the Genesis NFT of StarMon to accelerate mining.

Step 3: complete acceleration

Each LP can stake up to 5 Genesis NFTs; Available Farms Rewards = rewards amounts of per unit block * [number of staked LP * (1 + sum of staked NFT mining power / 1000)] / current total staked mining power

Step 4: click "Boost" again, and you can click Unstake to cancel the Genesis NFT stake in the Cancel NFT stake interface.

4. How to cancel LP stake?

Step 1: enter the "Farm" and click "Unstake"

Step 2: enter the number of LP need to be unstaked.

When canceling the stake, it is recommended to select "Remove liquidity at the same time", then the stake token will be returned to your wallet; if you do not choose to remove liquidity at the same time, crypto assets you staked will be given out to your wallet in the form of LP, and you still need to remove the LP to obtain the original crypto assets. Relatively speaking, it is easier to select to remove liquidity at the same time.

Tip: If you cancel LP within 180 days,a certain amount of service fee will be deducted to community fund. 0.5% service fee will be deducted for stake less than 7 days, 0.4% for stake between 7 to 14 days, ; 0.3% for 14 to 30 days; 0.2% for 30 to 90 days; 0.1% for 90 to 100 days; and no service fee for stake more than 180 days. The stake time star with the first LP stake.