It is so exciting to see a new Auto-Compounding Pool at PearZap on Fantom.
It has a super high APY of 144231239.62 % at the point of my post since it is so new. The total stake value is only $44 997 and this will probably go up really fast when more people get to know about this.
After I post this article, the APY would probably be lowered when more people get to know about this.
Couple of days ago, I remember that each $Pear was only around $0.30 and it is now at $0.538.
Those who really like to be the early bird and you do read this post can consider buying and staking $Pear token early at its Auto-Compounding Pool that has just come out today.
It is not hard to get into Fantom chain to start staking at PearZap. You simply need to configure your Metamask like how we do it on Binance Smart Chain and Polygon in the custom RPC.
Network Name: Fantom Opera
RPC Url: https://rpc.ftm.tools/
Block Explorer URL: https://ftmscan.com/
You can exchange some FTM tokens for gas at Binance and other exchanges to kick start the ball.
Once you get some FTM for transaction fee, you can actually bridge your other fund from BSC, xDai, Polygon, Artbitrum One and Avalanche to Fantom.
The bridging only allows USDC, USDT and Dai. Do check the available Liquidity to do so and it is always good to transfer a small amount to see whether it is successful first.
After you have transferred from your other chain, you need to switch your network to Fantom so that you can click on Sign to claim your transfer. You may need to wait for a few minutes depending on the traffic. (You can easily find videos on youtube to show you how to do it)
The auto-compounding at PearZap has just come out today and I have staked to earn the early bird high APY before others start rushing in.
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.