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Exploring the Konra Kingdom: Narath - Cats LP on BenSwap

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Written by   1060
3 weeks ago

It's all sunny and bright on Publish0x, specially when my articles are hitting the front page. It's all sunny and bright on BenSwap, where the Konra Ranches are rewarding the LP providers with sweet tokens.

The Konra ranches on BenSwap brought innovation and high APR for crypto savvy people. Surprisingly, the rewards are fair for both early LP providers and new entries. The RASTJN - wBCH Ranch was the original ranch, then KONRA + NARATH and NARATH + RASTJN were added. I joined both and expanded my portfolio. Read more at BENSWAP DeFi: The NARATH - KONRA RANCH

The APR was above 1000% for weeks, and I kept compounding the yield. I cashed out when the reward rate dropped under 200% and looked for new opportunities. I didn't had to spend too much time as fresh opportunities always arise when with Konra Kingdom. The new NARATH - CATS ranch came to complement the other existing farming options. I made my LP with all the NARATH and 25,000 CATS, claiming 37.40% of the pool.

CashCats, or simply $CATS, is the original SmartBCH meme coin, with only 1,000,000,000 total token supply. I have 131,000 CATS in my portfolio, all from airdrops and competitions.

The Narath - Cats farm is the first one where relinquished ownership was applied to make it more decentralized.  Most Konra Kingdom farms end up getting refilled when the reward pools run low as the plan is to running for months.

The initial APR was above 1400%, pumping RASTJN at an insane rate. Only few days later, I already farmed 86 RASTJN. The APR was still above 1000% and the level of rewards was steady.

The second claim was 151 RASTJN, one week after the first bounty. The pool was still very attractive, with 868% APR and 3754 RASTJN shared to the LP supplies. 

I lost a bit of the spark due to the current market conditions. My third claim was one month later, adding 278 RASTJN in the bag. The APR dropped at 575% but is this bad or is still amazing? Let me remind you that the interest offered by banks is below 2% per year.

This is today's claim, as I forgot for some weeks. I just claimed 572 RASTJN in one go, thinking about in which ranch to allocate them. I made a habit from perpetual investing and keeping no assets idle. We are weeks into this LP and the ranch farming rate is 770% APR, very good considering the market trends.

The total earnings from the Narath - CATS LP are constantly good, considering that I have only 34% of the pool. I am pleased with the level of farming on the KONRA ranches and I am accumulating value. During bear market ... we BUILD!  

 

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. Goblin Cash - DeFi 2.0 on SmartBCH

13. Panda Land - Play2Earn Battle NFT Game with breeding expansion planned for 2022

14. World of Masks - A collection of programmatically generated 10,800 Masks NFTs

15. RASTJN - The Konra Kingdom reflection token: HOLD to get rewards

16. Tropical Finance - High Yield, DEX and NFT Marketplace

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I earn crypto for reading and writing on Publish0x and ReadCash, watching videos on Lbry.tv and surfing online on Brave Browser and Presearch

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Written by   1060
3 weeks ago
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Comments

It's great when your work is well paid, I've been following you for a long time and I can see how you deserve it! Many successes with your tokens.

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