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DeFi on SmartBCH got more rewarding and earning opportunities can be easily found. The launch of RASTJN was the event that powered Konra ranches on BenSwap. The Rastjn token is the Kingdom's Profit Sharing & Liquidity Machine! As all reflection tokens, RASTJN will use the static reward system. Any transactions will incur fees and 1.5% of the proceeds will go into the liquidity pool and 7% will be distributed between token holders. Hold it in your wallet to receive a share of profit additional bonuses over time.
The Konra ranches on BenSwap brought innovation and high APR for who was ready to embark in a new crypt journey, where the community is the main focus. The RASTJN - wBCH Ranch was the original ranch, where users could deposit RASTJN paired with wBCH to earn RASTJN. Joined early days and now I am holding the biggest pool share by perpetually adding the earnings back in the pool
New ranches were created, KONRA + NARATH and NARATH + RASTJN. I joined both and expanded my portfolio. The NARATH RASTJN LP was generating EBEN, adding a new token in my wallet. I deposited all the farmed EBEN in the single staking pool to consolidate the earnings.
The KONRA + NARATH ranch provided KONRA rewards, one of the strongest smartBCH tokens. Didn't had much NARATH left after paring with RASTJN in the previous ranch so this liquidity was just for the sake of the experiment. I added max NARATH, paired with 2.3 KONRA, for a 13% share of the pool.
Started farming KONRA at an attractive 768%, hoping for a steady farming rate. Small ranch with big rewards, as my share of the pool was worth only 28 USD.
Half KORNA farmed in 4 days, and the steady APR I was dreaming was real. Down at 641% from 768% in 4 days shows a rare consistency in a LP pool, where the APR can drop from 2000% to 50% in few hours.
One week since the deposit, I farmed 0.86 KONRA. I added 2.3 Konra in the pool and already farmed 25%of that, while the total LP was equal to 4.6 KONRA at the time of the deposit.
I am sure I've done a print screen when the farming reward reached one Konra but can't find it. I am now two weeks into the Narath - Konra LP and the APR is 405%! This ranch keeps hot! Took 2 weeks to earn 1.5 KONRA, a quarter of the initial deposit!
The APR was still high, at 400%, when I decided to withdraw the gains and swap the ranch. I farmed 1.87 KORNA and the LP value even improved by few cents. Time to take the KONRA and NARATH out and use the tokens for higher farming rates.
I added $28.32 worth of crypto and withdrew $28.69 out of the ranch, plus 1.87 KORNA as a bonus. Time to browse the ranches for high earning pools!
You know KONRA is trending as I seen the Infinity Cycle article trending on Publish0x front page. To be honest, I just added the print screen to show off that I had three trending articles simultaneous.
The SmartBCH Spotlights series:
1. Cash Cats ($CATS) - the first meme token on SmartBCH with 1,000,000,000 total token supply
2. BCHPad - a decentralized IDO protocol built on the SmartBCH chain, creating a simplified method to invest in new SEP20 tokens
3. AxieBCH - Gaming Guild - a simple business model and a provision for players to create a play2earn source of income.
4. BlockNG & LAW Punks - the platform powered by the $LAW token, which can be used to buy LAW Punks NFTs.
5. CheckBook - the system that evolves the airdrops, as the tokens are sent through cheques and must be accepted.
6. Konra Token - a token with unique tokenomics and a project that will become a multi token ecosystem.
7. Tango Swap - The first SmartBCH DEX with publicly known developers.
8. GAME - The the universal gas token for the AxieBCH gaming guild that grows in the holder's wallet
9. Narath - The reward token meant to serve as an incentive of the holders that use Konra on SmartBCH.
10. 1BCH DEX - New LPs with top APY and single staking sprinklers
11. Oasis.Cash - The decentralized NFT market on SmartBCH
12. World of Masks - A collection of programmatically generated 10,800 Masks NFTs
13. Panda Land - Play2Earn NFT battle game on SmartBCH - with breeding planned for 2022