GensoKishi’s LP Mining Pool is Finally Here!

Published on: 18.02.2022

Introducing MV-USDT Dual-Asset Staking on QuickSwap!

Aside from our single-asset MV staking for ROND, GensoKishi now has a dual-asset staking pool, and a dragon’s syrup pool is coming soon on top of that! Isn’t it great? Yes, it’s amazing! That’s they came up with this article to drill into you the necessary information you’ll need to dive right in. A reminder though that our dragon syrup pool has not yet been launched, but please keep yourselves posted!

Some quick info about the dual-asset stake and the dragon’s syrup pool:

Dual-asset stake
MV-USDT LP Mining Pool → provide liquidity for MV-USDT pair → Stake liquidity tokens to the LP Mining Pool → Get dQUICK token as reward!! (convertible to QUICK tokens)

MV Dragon’s Syrup Pool (to be launched at a later time)
Stake QUICK tokens → Get MV as rewards!!

Now, for the tutorial, Let’s go!

QuickSwap LP Mining

As already stated earlier, the GensoKishi LP Mining Pool uses the MV-USDT pair, and stakers will be rewarded in dQUICK (dragon Quick). dQUICK can easily be converted/withdrawn into QUICK tokens. Don’t worry if you don’t know how, because we’ll tell you!

First, login to your MetaMask wallet and move on to https://quickswap.exchange/#/pool

Tip: If you don’t have MV and USDT tokens, you can trade on QuickSwap to obtain some. You will need an equal value of each token in order to provide liquidity. For example, if you want to provide $20 worth of MV tokens as liquidity, you will also need to provide $20 worth of USDT.

Tip 2: If transactions are taking a long time to push through, you can raise your transaction fees to speed up your transaction confirmation times.

**Press on the *Add Liquidity* button. Choose MV and USDT as the token pair.**

**Decide on the amount of tokens you’d like to pool, and press the *Approve MV* button. A MetaMask transaction will pop up. Proceed to unlock the *Supply* button.**

**Press the Supply button once it unlocks. The confirmation screen similar to the above should show up. Press *Confirm Supply* and proceed with the MetaMask transaction.**

After this, the MV and USDT tokens you pooled will become QUICK-V2 Liquidity Tokens.

**Move to Farms →LP Mining, and search for the MV-USDT Pool.**

**Press on Deposit QUICK-V2 LP Tokens button.**

Decide on the amount of LP Tokens you’d like to deposit, and press on Approve button. Proceed with the MetaMask pop-up. Afterward, the Deposit button should unlock. Proceed again with the MetaMask transaction.

Congratulations! You are now a participant of GensoKishi’s MV-USDT Pool. Your dQUICK rewards will accumulate over time, and you can check back at any time to see how much in rewards you have accrued. Stakers can also withdraw anytime. No lock-up period!

Once you have accumulated some dQUICK rewards, you can claim your rewards and turn them into QUICK tokens (which is what you will need to stake on MV’s upcoming dragon’s syrup pool.)

I’ve claimed some dQUICK. How do I turn it into QUICK tokens?

**On Farms →LP Mining page, find the Dragon’s Lair.**

**If you are holding dQUICK tokens, it will show up as “QUICK balance” on your Dragon’s Lair page. Press on the Withdraw button.**

There you go! You now have some QUICK tokens which you could either hold, or swap for any assets you like that’s available on QuickSwap. On the other hand, you might also want to stake your QUICK tokens on upcoming MV dragon’s syrup pool! Please look forward to an announcement some time soon.

GensoKishi is giving all to provide everyone with the best service, and hope that you found this announcement to your liking. They have many more things coming in the future.

SOURCE:
GensoKishi

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