@ChristinaMadart
#MySmartBCHAdventures | #Konra #KonraToken 😺 Following @TheEmpress 's prompt, I attempted to contribute on trying to save the #MistSwap Konra token's farm! You can read about it on the following posts: https://noise.cash/post/1wz4zj2k https://noise.cash/post/16n4r3kq https://noise.cash/post/l2nq983j https://noise.cash/post/1xmjqm8n as well as visit @TheEmpress 's profile and get informed for any new update! I purchased 2.5 Konra and tried to add it to the farm, but being extremelly new to the whole liquidity - farming thing, I have only now realized the whole procedure (or at least up to the point I realized it)! I only managed to add liquidity for around 0.61 of my Konra, because in order to provide it all I would also have to bind around 0.4 BCH (I only had 0.1 available minus the gas fee). So, I ended up only managing to add this 0.2648 to the Konra - WBCH farm. If I am doing it wrong or not understanding something correctly, please let me know and enlighten me how to do it right, I will be very grateful! Also, if you appreciate the Konra token and project, go on and do your transactions and liquidity - farming for it on MistSwap ( https://app.mistswap.fi/pool for adding liquidity & https://app.mistswap.fi/farm?filter=all for finding the Konra - WBCH pair ), so that you can contribute to the chance of keeping the farm! To end the post, Konra has a website where you can explore more and be a part of its community! As the creator (The Empress) says it's not completed yet in terms of design and everything, but I find it a great way to dig more into Konra ! Here is my invitation to check it out! https://konratoken.com/?mref=christina-madart #SmartBCH #SmartBCHTokens #farm #farming #liquidity #DEX
7 comments
You did everything right for the staking & farming aspect; it does take BCH to add liquidity to the liquidity pool - how much BCH you'll need always depends on the price / value of the tokens you're trying to farm. So if the value of 1 Konra is 9$ you'll always need to add about 9$ worth of BCH for each Konra you try to add to liquidity. If you want to add 3 Konra you'll need 27$ worth of BCH. So sorry it took me until today to reply to your post.
Hello @TheEmpress, thanks for the answer and no worries for the small delay! I can assume you had a ton of things to do with the whole MistSwap thing, I read about the developments! Thanks for the clarification too, when I transfer enough BCH into SmartChain I'll go and add liquidity - farm the rest of my Konra too! If I'm not mistaken for now there is only MuesliSwap where I can do it, right? Also, is there a point keeping the liquidity in MistSwap now that the farm is gone, or is it better to transfer to Muesli?
Muesli only has Konra listed as a trading pair, sadly there isn't a farm there yet as we're too new over there. I will be checking out what is required to get farms on BenSwap and MuesliSwap and see if we can meet the requirements for at least one of them. If not, the Konra community should be large enough in the next month or two to try again for farms as Konra is growing quite rapidly.
Thanks @TheEmpress , I will be checking out for updates on it! 🌞
I just bought Konra yesterday mate. From 7$ it went up to 9$+ now... I am thinking not to pool yet because my mistswap is not yet accessible, plus gas fees are more costly than the amount I will invest 😂, I have to combine my fund first.
Hey @Julalaine , that's awesome! Yes, I bought some when they were at $9 so that I can support the attempt to keep the farm! How much gas fees did it ask from you?
I forgot how was the charge fee mate. But it is low.