I Tried Farming in Benswap DEX and Staking rBCH in RX Sprinkler
Blog #170
February 26, 2022
What's up, everyone! How's did you spend your Saturday? Hope you are all doing well today.
Today is the day that I have visited my MetaMask wallet again and checked my hold and staked tokens. I also had checked the prices in Marketcap.cash but still, there are no changes with the prices of the tokens. Most of it is still on the dip so what I did is just explore the DEXes where my tokens are currently staked.
In my Tropical Finance, Daiquiri, LAW, and Celery are doing well and they are giving me more Daiquiri. While in Cowswap, MILK is doing good as well. From 89 MILK now I had 115 MILK in auto staking already. In my Benswap, I have the FL-WBCH stake in one of the ranches that give me CLK. In the pool, the EBEN that I staked is almost giving me 2 EBEN.
Mentioning about Benswap DEX, this afternoon, I explore its FARM because I remember the one Liquidity that I had last year was staked there a week ago so I checked it to see how much EBEN does it produce.
Here is the small liquidity "$CATS-BCH" that I have last year. Since I discovered that pair in my liquidity list a week ago, I decided to stake it for me to earn some EBEN rather than removing it from the Liquidity.
Now as I see, I already have 0.07 EBEN. It made me smile knowing that the "$CATS-BCH" that I have is just a small amount but it gives me more EBEN already.
The second farm that I take part in is the "CLK-BCH" LP. As I was exploring the Farm, this LP got my interest. Not only because I have the CLK in my wallet but because of the APR.
I was thinking that I have earned free CLK in the benswap ranch, why not make use of it rather than just holding it in my wallet. So without any further delay, I added it to liquidity so I can stake while the APR is at 232%.
I was also thinking that since I just earned the CLK for free, I should take a risk on it. There may be impermanent loss once I remove it in liquidity in the future but it's okay because I don't spend much money on it.
And since the price of the EBEN is still on the dip too so this is a great chance to earn more EBEN so that when the price goes up, I have more EBEN to sell.
Those are the two farms that I have participated in. "$CATS-BCH" LP and "CLK-BCH" LP.
This evening as I was trying to figure out how I should start this blog today, I went to Twitter and scroll down some tweets. While scrolling down, I came across this tweet of Cryptogesic.
After reading it, I waste no time and went to my MetaMask app and open the 1BCH DEX.
Since I don't have rBCH in my wallet because I have staked it all in auto staking rBCH sprinkler, I unstaked 75% of rBCH on auto staking then put it in the RX sprinkler.
Here is my staked rBCH in the RX sprinkler. Seconds after I successfully confirmed the transaction, I already had 0.12 RX.
A new sprinkler in 1BCH DEX is what I always wait for because I can earn free tokens from it. Though in Benswap ranches I can earn free tokens too, but there's a risk there. Once we forget to harvest the earned tokens and the ranch has ended, the earned tokens are gone. But here in 1BCH DEX, once the sprinkler is finished, I still can harvest the earned free tokens.
Do you have rBCH in your wallet now, try this new sprinkler, so you can earn $RX too.
That's all for today's blog! Happy weekend!
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This is me, 🧕BCH_LOVER 🧕once again. Thank you for your time today.
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Hello dae , nipahuway sakog pang basa sa mga article since gahapun kay murag di madala sa lawas hihi ,anyway unta mabalik nako sa normal😅