Acsi Finance Partners With DeFiChain

Published on: 04.05.2022

Dual Token Farming: $120,000 DFI + ACSI!

Acsi Finance will be launching a new DFI-BNB Liquidity Pool (LP). Read more here on the many unique points that the Next-Gen AMM offers.

$70,000 DFI+ $40,000 ACSI is allocated for the farm, and they will be distributed over a period of 90 days and 150 days respectively. Be the first in, and enjoy the $80,000 yield farming rewards!

Bonus: DeFiChain has also provided $10,000 of $DFI to be distributed to our ACS-ACSI-BNB-BUSD Onsen Pool. A2B2 Pool LP providers will now receive $DFI as well for 90 days. No action required.

One of the perks for investing in the Onsen pool. Farm multiple tokens at the same time and learn about partner protocols.
*Currently farming $ACSI + $XMT + $DFI

How to farm the $120,000 Rewards?

Two simple steps:

  1. Provide liquidity in the DFI-BNB Liquidity Pool on ACryptoS V2 app
    (50% DFI| 50% BNB)

Users can deposit the 2 tokens in the listed proportions above, or they can deposit 1 single token (eg: DFI or BNB) and our DEX (Acsi.Finance) will take care of the rest in the background, balancing those tokens for you.

2. Stake the pool tokens received on the ACryptoS farm

After providing liquidity (investing) in the DFI-BNB LP, users will receive proof-of-stake tokens, and they will be able to stake those tokens in the DFI-BNB farm.
— That’s where you’ll earn those awesome Double Rewards (DFI + ACSI)!

Full Guide — Dual Token Farming

Taking part in this new LP is a simple process:

Make sure your wallet has DFI (50%), BNB (50%) in the correct proportions (or close to it)
*Staking with just one token is possible as well, read on for more details.

  1. Go to app-v2.acryptos.com
  2. Deposit funds into the DFI-BNB LP
  • Select DFI-BNB and select “Pair/Unpair DFI-BNB LP”
  • Select the currency and amount to be deposited, or click “MAX” to deposit all

*You can stake a single currency, and the protocol will automatically convert the currency into the other currencies in the DFI-BNB LP.
Hint: make smaller deposits at one time if price impact is too high.

  • “Approve” the transaction (the number of approvals depends on the types of currency staked)
  • After clicking “Invest”, approve the transaction in your wallet to complete the deposit and get the LP tokens.

If you want to unpair the LP, click “Withdraw” to choose the withdrawal method. Click “All Tokens” to receive 2 types of equivalent currencies;
Click the different tokens to choose one of the 2 single currencies to withdraw.

3. Stake the LP to start farming

  • Click “Stake”
  • Click “Max” and confirm

You will start earning $DFI + $ACSI 🔥 Simple.

About DeFiChain

A blockchain dedicated to fast, intelligent and transparent decentralized financial services, accessible by everyone.

Website | Twitter |

About ACryptoS

ACryptoS is here to build a better, safer DeFi world. They want more users to know they can sleep soundly with their funds invested. Effective code, advanced strategies, better protocols — that’s how we manage user’s risks.

Website | Twitter |

Source

Market Stats:
BTC Dominance: 54.26%(+0.21%/24h)
ETH Dominance: 15.88%(-0.13%/24h)
Defi Market Cap: $87.09B(+11.60%/24h)
Total Market Cap: $2353.99B(+5.73%/24h)
Total Trading Volume 24h: $112.38B(+14.19%/24h)
ETH Market Cap: $373.08B
Defi to ETH Ratio: 23.34%
Defi Dominance: 3.53%
Altcoin Market Cap: $1076.74B
Altcoin Volume 24h: $62.61B
Total Cryptocurrencies: 29269
Active Cryptocurrencies: 9721
Active Market Pairs: 81754
Active Exchanges: 753
Total Exchanges: 8348
BTC: 64746.5$(0.4%/1H)
ETH: 3110.14$(1.2%/1H)
AVAX: 35.56$(0.88%/1H)
BNB: 559.72$(0.83%/1H)
MATIC: 0.68$(0.81%/1H)
FTM: 0.71$(1.56%/1H)
ADA: 0.46$(1.37%/1H)
DOT: 6.76$(0.6%/1H)
UNI: 7.57$(1.5%/1H)
CAKE: 2.83$(1.34%/1H)
SUSHI: 0.96$(0.73%/1H)
ONE: 0.02$(0.51%/1H)