As a pure community project, QIAN system will be governed by a global community (DAO) composed of KUN Governors. The total supply of governance token KUN is 12 million. There are no pre-mining, no private placement or no team distribution, and100% KUN will be distributed through mining.
How to trade QUSD and KUN in Pancake?
Click 【exchange】to enter the token exchange interface (as shown in the figure below). Select the trading pair, input the amount you want to swap, and click [Swap].
Note: If QUSD or KUN are not found, please enter the contract address.
【QUSD BSC contract address】0xb8C540d00dd0Bf76ea12E4B4B95eFC90804f924E
【KUN BSC contract address】0x1A2fb0Af670D0234c2857FaD35b789F8Cb725584
How to farm KUN with Pancake?
The liquidity mining of KUN refers to the process in which users provide liquidity for relevant trading pairs to obtain the governance token KUN .
This article will take Pancake (BSC chain) platform as an example to illustrate the liquidity mining steps of KUN in detail.
1. Start time: 20 Nov. , 2020 at 18:00 P.M. (GMT+8)
2. Time of Duration: 14 days
3. Trading Pairs: 【BNB/QUSD】 and 【KUN/QUSD】
4. Release speed: 2888 KUN/day for(BNB/QUSD),1088 KUN/day for(KUN/QUSD)
5. Mining rules: Liquidity Mining.
Users who supply liquidity for the ETH / QUSD or KUN / QUSD liquidity pool through Pancake will receive Cake-LP tokens. Then lock the Cake-LP tokens on the QIAN platform to obtain the governance token KUN as a reward.
In general, KUN's LP mining at Pancake is divided into two main steps:
①Supply liquidity for ETH / QUSD or KUN / QUSD liquidity pool to obtain Cake-LP tokens.
②Lock the Cake-LP on the QIAN platform and get the KUN as a reward.
1.It is recommended to download Google Chrome and install MetaMask extension application.
Note: Please make sure that you have a secure network environment, safely keep your MetaMask mnemonic phrase and password. Losing the mnemonic phrase will result in a complete loss of assets.
2.Open Google Chrome, go to the official website https://qian.finance , and click【KUN Mining】to enter the mining page.
3.Click the address of your target fund pool (taking BNB/QUSD as an example) , and jump to Pancake platform.
4.Click【Connect to a Wallet】on the top right to connect the wallet to the Pancake platform.
5.The page will automatically jump to the liquidity adding page of 【BNB/QUSD】. Please note that according to the Pancake rules, users need to supply liquidity according to the 【 value ratio 】 of 50%: 50%. Therefore, users need to prepare the corresponding QUSD and BNB in advance. Enter the number of BNB or QUSD you want to deposit, and the system will automatically calculate the number of other asset to be deposited.
Click 【Approve QUSD】and then click【Supply】button to supply liquidity.
6.The user will receive【QUSD/BNB Tokens】, which is namely【Cake-LP】as the certificate of liquidity supply. Click 【Confirm Supply】.
7.Return to the 【Pancake(BSC】mining page and click 【BNB/QUSD】.
8.Select 【Connect】to access the MetaMask to QIAN platform. How to connect your MetaMask wallet to BSC Mainnet
9.As shown in the figure below, users can see their Cake-LP balance.
10.Click 【Lock Cake-LP】, input the number of Cake-LP to be locked, and click 【Confirm】.
11.Users can view the 【Locked amount】 and the【Withdrawable rewards】.
12.If the user stops mining, click 【Unbond Cake-LP】, and the locked Cake-LP will return to wallet. Users can turn to the Pancake interface and click 【Remove】 as shown below to withdraw all assets.