Dear BSCswap Community,
We are going to open the LFI LP farming on Nov 17th 6 AM UTC +0, with a total 3,500,000,000 LFI allocation on 6 pools.
Details about LP farming
There are some updates made from previous announcement https://bscswapprotocol.medium.com/updates-on-lfi-yield-farming-pool-7e05676998ca,
First, main LP pair will be switched from BAI to BNB to avoid any additional slippages while wrapping to BAI.
Second, we have excluded BSWAP LP since they are going to migrated https://bscswapprotocol.medium.com/announcing-bswap-token-migration-opening-on-nov-16th-to-nov-30th-6601b38f4eea. Instead of going independent for now, new NFT project token will be able for staking with BSWAPV2 and LFI.
Third, We have decided to reduce the number of LP pairs supported to gather more liquidity on BSCswap. Following will be the supported LP pairs for farming and it wouldn’t be changed since we have already made the allocation on pool contracts.
1,750,000,000 LFI — LFI/BNB BSCswap LP Token ( 5x )
350,000,000 LFI — BUSD/BNB BSCswap LP Token ( 1x )
350,000,000 LFI — BTC/BNB BSCswap LP Token ( 1x )
350,000,000 LFI — ETH/BNB BSCswap LP Token ( 1x )
350,000,000 LFI — EOS/BNB BSCswap LP Token ( 1x )
350,000,000 LFI — USDT/BUSD BSCswap LP Token ( 1x )
It will be total 3,500,000,000 LFI (35% from total supply) allocation. Excluding 50% from LFI-LFI staking pool, 10% from presale, 2% from airdrop, and 3% for providing liquidity to LFI-BNB pair.
Also, 5% fee will be conducted for every harvest & unstake action to prevent the dump of LFI price.
Thank you.
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