Farm.Sebuh.net Liquidity Mining Program
From May 15, through Monday, June 14th, A total of 100K $SEB tokens will be distributed to liquidity providers on Quipuswap for the following eligible pools — the current market value of $3300 at $SEB price of $0.033.
Currently these are the token projects that have been added to the liquidity mining program list at farm.sebuh.net. Links have been added so you can check out their projects. And short description.
Currently the program has a good variety of small, medium, and large token projects to choose from.
SEB — Sebuh.net XTZ Baker Governance Token
Bohner Dyldo VX Pro — Amusement / NFTs / Meme
Flame — SpaceFarm — Tezos DEFI as a Service Network.
hDAO — Hic et Nunc — Tezos NFT platform.
tDAO — Tezonians — Tezos NFT Collectables.
BART — Bullish Art — NFT Collectables.
BEZOS — Tezos Til we Bezos — $1 Million Dollar Hackathon Planning / Meme
Crunch — Crunch Network — Tezos DEFI as a Service network.
How it works
When you provide liquidity on Quipuswap, you get LP (Liquidity Provider) tokens based on how much liquidity you provide — learn more about providing Liquidity on Quipuswap here.
Those LP tokens; in this case, will be used for staking to earn the $SEB tokens.
To get started:
- Get a Tezos Wallet from TempleWallet.com or Kukai.app.
- Transfer in some Tezos from an Exchange like Coinbase.com or Binance.us if you do not have any Tezos.
- Go to the “invest” tab on Quipuswap.com.
Add liquidity on one of the 8 pools in the Liquidity Mining Program. By doing that, you receive LP tokens on your wallet. Here are quick links to each of them.
- Buy SEB here. Add to SEB Liquidity Here.
- Buy BART here. Add to BART Liquidity Here
- Buy BDVXP here. Add to BDXVP Liquidity Here
- Buy BEZOS here. Add to BEZOS Liquidity Here
- Buy CRUNCH here. Add to CRUNCH Liquidity Here
- Buy FLAME here. Add to FLAME Liquidity Here
- Buy hDAO here. Add to hDAO Liquidity Here
- Buy tDAO here. Add to tDAO Liquidity Here
How does the Sebuh.net Liquidity Mining program work?
The liquidity mining program is governed by a smart contract to reward users who provide liquidity and stake their LP tokens for $SEB tokens.
You need to stake your LP tokens into the staking smart contract available on https://farm.sebuh.net.
After you have provided liquidity on one of the incentivized pools at http://quipuswap.com, follow the steps below:
- Visit https://farm.sebuh.net
- Stake your LP tokens by clicking on the ‘Stake’ button.
- Wait a few minutes and refresh the page to verify your LP tokens have been added.
- Unstake your LP tokens by clicking on the ‘Unstake’ button
- Claim your $SEB rewards by clicking on the ‘Claim’ button
How are liquidity mining rewards calculated?
The smart contract calculates liquidity mining rewards per block. The liquidity mining rewards are around 0.23 $SEB per block per pool. A block in Tezos is 1 minute. The actual amount of liquidity mining rewards you will earn is dependent on. Also, the FLAME Liquidity mining pool has had its rewards doubled to 0.43 SEB a minute and 20,000 SEB will be distributed over the course of its current plan of 1 month.
- How long you stay in the liquidity pool: i.e. how many blocks have passed since you staked your LP tokens — more time (blocks) more $SEB rewards
- You share of the staking pool: how many LP tokens you stake relative to other users in the pool
A big thanks to our inspirations from Stove Labs, Bender Labs, and Sebuh Squad team.