BLXM Liquidity Farming!

Published on: 30.04.2022

bloXmove has embraced this fully and is moving ahead by building their own Investor Portal for “external” token management as well as an attached treasury module for “internal” token management.

First investor service: Flexible Liquidity Farming

HOW TO:

  1. Navigate to the BLXM Investor Portal: https://blxm.bloxmove.net/
  2. Choose “Provide Liquidity” and connect your wallet using the button on the bottom of the page
  3. Enter the amount of BLXM or USDC you would like to provide to the liquidity program. Note that you will be asked to provide the actual liquidity pair, i.e. both BLXM and USDC tokens in the ratio given by the current exchange rate(s).
    This is different from the liquidity farm we were operating on Tokensfarm, where you brought LP-Tokens you had received in providing the actual liquidity pair to e.g. Pancakeswap.
  4. You only need to specify the amount for either BLXM or USDC. Based on the current exchange rate, the other part of the paid will be calculated for you. Before you execute, make sure you have sufficient BLXM and USDC in your wallet.
  5. We provide extra booster for locking: Users who lock for 30 days receive 10% more reward than non-locked tokens, 60 days receive 20% more and 90 days receive 30% more!
  6. Choose one of the three locking options (30 days, 60 days or 90 days) displayed. Below each locking option, you can see the updated APY you get when choosing that period.
  7. To complete the process, click “Provide Liquidity”. An overview of your transaction will appear and you will need to confirm the transaction in your wallet.
  8. To get an overview or to manage and retrieve your provided tokens go to “Manage Liquidity”.

Transferring your tokens from Tokensfarm

  1. Press the ‘Withdraw and harvest’ button on tokensfarm to claim your LP tokens and rewards, confirm via MetaMask.
  2. Go to your liquidity pool (for Pancakeswap this is accessible via https://pancakeswap.finance/liquidity) and switch your LP tokens back to BNB and BLXM tokens by withdrawing the liquidity from the pool.
  3. Swap your BNB tokens for USDC tokens (for Pancakeswap via https://pancakeswap.finance/swap) to be able to provide liquidity via our investors portal.

Next steps: Staking and Smart Bridging

ABOUT bloXmove

bloXmove is a pioneering solutions provider working to create a worldwide decentralized and collaborative urban mobility alliance alongside an efficient green energy reality using blockchain technology. Started by 3 co-founders and supported by a creative and energized team from around the world, bloXmove continues to develop bleeding-edge DLT-powered solutions that bring hyper-efficiency and a spirit of collaboration for mobility providers and a seamless mobility experience for end-users. The cities of Dublin, Bonn and Stuttgart are the office bases, but bloXmove is at home in the decentralized space, meaning our talents and partners are connected globally.

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