How do I use the Sippin’ Pool?
November 16, 2021 – by Tha’ Doge Pound • Getting started
Sippin’ Pool is the simplest way to earn on SugarFactory#NFT. This guide explains how to create a stake on our platform and start earn $SGFUEL interest.
What is the difference between staking and static-farming?
Staking in the Sippin’ Pool and static-farming with the auto-generating liquidity protocol are both ways to earn more $SGFUEL by supporting the SugarFactoryBsc.io ecosystem.
Static-farming by holding allow SuGarFuel Token users to receive static rewards everytime SGFUEL is traded, while the Sippin’ Pool are the simplest way to earn free tokens on SugarFactory#NFT. By staking $SGFUEL, you earn free SuGarFuel Tokens. It’s really that easy.
It’s simpler than farming with other Dex, because unlike the Farms, you only need to stake one token to start earning: $SGFUEL. Staking in the Sippin’ Pool lets you earn SGFUEL while you sleep!
“Binance Academy: What Is Staking?“
How do I create a stake on the Sippin’ Pool?
Staking in the Sippin’ Pool will start your participation in a proof-of-stake (PoS) system to put your tokens in to serve as a validator to the blockchain and receive SGFUEL rewards. Our Smart Contract allow SuGarFuel Token holders to be able to create a Stake and gain interest, based on a predefined APY.
SugarFactory#NFT staking protocol features
Annual percentage yield, or annual percentage interest, calculated per second
25 % of penalization to charge to users that withdraw early
is the minimum Stake Time (in days) to avoid penalities. Users can claim rewards only if they remain staked for at least this number of days
This is the minimum number of tokens to create a Stake