1.3 SashimiSwap Farms
Introduction
SashimiSwap Farms is SashimiSwap's liquid mining platform. Users can stake LP Token to get SASHIMI as mining rewards.
Farming Strategy
Users participate in mining by staking LP Token (currently support LP Tokens such as UNI-V2 LP, SLP, SALP, etc.) in the corresponding mining pool to earn SASHIMI.
The released SASHIMI will be distributed to each mining pool according to a specified ratio, and SASHIMI rewards will be distributed in each mining pool according to the proportion of LP Token staked by users.
Contract information:
MasterChef contract
SASHIMI token release rules for mining rewards
SASHIMI is the platform token of SashimiSwap. Farms use liquidity mining to generate SASHIMI tokens. SASHIMI tokens are 100% generated based on liquidity mining, without any pre-sale, pre-mining and team distribution.
SASHIMI holders can participate in platform governance and obtain dividends from the platform. Platform income now includes transaction fees, income from liquidity investment, and Vault fee income.
Below is the SASHIMI release plan:
The total supply of SASHIMI is 100M, and the distribution will be reduced according to the rules shown in the figure below until the total distribution reaches 100M.
Tutorial on mining
Step 1:
With the wallet connected, enter the SashimiSwap Exchange add liquidity page (https://sashimi.cool/app/#/add/) to add liquidity, at this time you will get the SALP Token of the trading pool; (If the mining pool is an LP Token of other protocols, you need to go to the corresponding platform to add liquidity to obtain the LP Token)
Note: For how to add liquidity, please refer to "Tutorial 2: How to add liquidity?" in the document "1.2 SashimiSwap Exchange".
Step 2: Enter the Farm page of SashimiSwap
to select the mining pool and click "Select" (if there is no asset supported by the mining pool, you can click "GET LP" to enter the designated platform to add liquidity to obtain LP Token)
Step 3: After clicking "Select", you will enter the LP Token details page. Now, you need to authorize the contract before mining.
Click "Approve" to authorize and confirm the transaction in the connected wallet.
Step 4: After completing "Approve", click "+", type the amount of LP Token to be staked in the pop-up window, click "Confirm", and confirm the transaction in the connected wallet to complete staking.
Step 5: After the LP Token is staked, the Farm will calculate and distribute SASHIMI mining rewards based on the amount of staked LP Token in the current mining pool assets. The SASHIMI income generated by mining will be shown on the "SASHIMI Earned" card on the left side.
Click "Harvest" and confirm the transaction in the connected wallet to transfer the SASHIMI income into the wallet.
Step 6: When withdrawing the staked LP Token, click "Unstake", enter the amount of LP Token to be withdrawn in the pop-up window, click "Confirm", and confirm the transaction in the connected wallet to complete the withdrawal.
Last updated
