SOLANA
Solana is a blockchain network which started in 2020 and is being seen by many as an Ethereum "killer". The cryptocurrency has grown about 16,000 percent since January. At the start of this year, one SOL cost ~1.5$ and Solana's market cap was around 86m$ .
Today, it is trading around $200 and has gained a market capitalisation of $62 billion . This means people have invested heavily in the relatively new cryptocurrency that has become one of the most important cryptocurrencies.
FANTOM
Fantom is a fast, high-throughput open-source smart contract platform for digital assets and dApps.Is a global, decentralized network with validators and community members from all around the world.
The Fantom Foundation is dedicated to building the infrastructure for a more democratic and efficient future. Our team is made up of engineers, scientists, researchers, designers, and entrepreneurs who share the same vision. Together, we’re working to improve everyone’s lives by making advanced technologies more accessible and seamlessly integrated. True to the maxim of decentralization, our team is distributed across the world.
Kogefarm.io added a new vault made for @beethoven_x LP SOLANA - FANTOM on #Fantom. This 2 projects combined in a liquidity pair can give you up to 250% APY at this point if you choose to yield-compound your earnings.
How to start farming ?
1️⃣ Head to Kogefarm.io and connect your wallet:
Connect with your Metamask to Kogefarm
2️⃣ Search for your assets/liquidity pools desired to be auto-compounded via Kogefarm. In our case will be
SOLANA-SONATA LP ( 1 )
After matching , enable the vault and sign the approval transaction on your Metamask (2) :
Enable vault by signing transaction from Metamask:
3️⃣ Now, if you have LP’s ready to be auto-compounded, head to next step. If you need to create it , let’s see how to do that:
- Expand the vault
- Click on Get SOLANA-SONATA LP
You will be re-directed to BeethovenX DEXwhere you will have to add liquidity for The Solana Sonata LP ( SOL & FTM & USDC ).
Connect your wallet from button from up-right.
Now you can start investing with a simple click on INVEST button. We will invest 15$.
In case you do not have all 3 tokens , there is no problem as the BeethovenX will take any of your 3 asset and automatically add other required assets into creation of your SOLANA-SONATA LP. We will add 5 Fantom :
Preview Investment
Confirm from Metamask
Now that you have SOLANA-SONATA LP created you can go back to Kogefarm on SOLANA-SONATA Vault and deposit your LP Tokens created earlier:
A.Click on Deposit
B.Select max to add all your LP tokens and click submit
C.Sign Transaction via Metamask