【 Uniswap 】ETH/QUSD & KUN/QUSD Liquidity Mining Guide
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 Uniswap?
Click 【Swap】to enter the token exchange interface. 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 ERC20 contract address】 0x59d4CCC94A9C4C3d3b4bA2Aa343a9bDF95145DD1
【KUN ERC20 contract address】0x65d9bC970aA9B2413027fA339F7f179B3F3f2604
How to farm KUN with Uniswap?
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 Uniswap (ETH 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: 【ETH/QUSD】 and 【KUN/QUSD】
4. Release speed: 2888 KUN/day for(ETH/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 Uniswap will receive UNI-V2 tokens. Then lock the UNI-V2 tokens on the QIAN platform to obtain the governance token KUN as a reward.
In general, KUN's LP mining at Uniswap is divided into two main steps:
1)Supply liquidity for ETH / QUSD or KUN / QUSD liquidity pool to obtain UNI-V2 tokens.
2)Lock the UNI-V2 on the QIAN platform and get the KUN as a reward.
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.
Open Google Chrome, go to the official website https://qian.finance , and click【KUN Mining】to enter the mining page.
Click the address of your target fund pool (taking ETH/ QUSD as an example) , and jump to Uniswap platform.
4.Click【Connect to a Wallet】on the top right to connect the wallet to the Uniswap platform.
5.The page will automatically jump to the liquidity adding page of 【ETH/QUSD】. Please note that according to the U niswap rules, users need to supply liquidity according to the 【 value ratio 】 of 50%: 50%. Therefore, users need to prepare the corresponding QUSD and ETH in advance. Enter the number of ETH 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/ETH Tokens】, which is namely【UNI-V2】as the certificate of liquidity supply.
Click 【Confirm Supply】.
7.Return to the 【Uniswap(Ethereum】mining page and click 【ETH/QUSD】.
- Select 【Connect】to access the MetaMask to QIAN platform.
- As shown in the figure below, users can see their UNI-V2 balance.
10.Click 【Lock UNI-V2】, input the number of UNI-V2 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 UNI-V2】, and the locked UNI-V2 will return to wallet. Users can turn to the Uniswap interface and click 【Remove】 as shown below to withdraw all assets.