EOS' Ilde Farming Project Dolphinswap to be launched

Hello, this is kimm. EOS Mainnet's Yield Farming Project Dolphin Swap's governance token DOP liquidity supply (LP) mining will begin today at 22:00 .

For those interested in the field farming, here is a brief summary of Dolphin Swap and DOP information.

#One. What is Dolphin Swap?

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Dolphin Swap is a new multi-dimensional automated marketing protocol launched by the EFi team known as Diamond Finance (dmd .

• Dolphin Swap: https://dolphinswap.io/

DOP, the governance token of Dolphin Swap, does not have a separate token sale or reserve quantity, and is generated only through 100% mining .

#2. DOP token information

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(1) Supply and distribution

• Total Supply: 6,000,000 DOP
• Liquidity Mining: 85%
• Development Fund: 10%
• Diamond Vault: 5%

(2) mining information

① Genesis mining

• Schedule: September 20, 2020 22:00 ~ October 4, 22:00 (2 weeks)
• Quantity: 480,000 DOP (8% of total supply)

② Liquidity mining

• Week 1: 240,000 DOP (4% of total supply)
• Week 2: 180,000 DOP (3% of total supply)
• Week 3: 120,000 DOP (2% of total supply)
• After 7 weeks: 60,000 DOP per week (1% of total supply)

#3. Mining method

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Those who have EOS, DMD, and HUB tokens can supply liquidity in the DeFis Network app and mine DOP tokens through staking of LP tokens.

• DeFis Network: https://app.defis.network/

[Reference] To participate in EOS's yield farming, you need to be familiar with ① basic wallet usage, ② CPU rental through REX, ③ DeFis Network app usage, ④ LP supply and token swap method .

If you supply DOP/EOS, DMD/EOS, HUB/EOS LP and stake the LP token in Dolphin Swap, mining of DOP tokens will start automatically.

• Dolphin Swap: https://dolphinswap.io/earn

#4. Personal thoughts

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If you have ever participated in LP mining at Tron's Salmon Swap, you will find that EOS's Dolphin Swap and Tron's Salmon Swap are very similar .

Although the amount of governance tokens issued, the underlying platform, and the tokens used are different, the weight of each LP pool and the characteristics of the swap platform are very similar , so what is the price change of other LP tokens after the start of the mining pool at Salmon Swap? If you look at how you did it, it will help you a little bit about which strategy you will participate in mining.

This posting is not intended to encourage investment in Dolphin Swap. Liquidity mining is fully aware that there are various risks, and it is recommended to fully search for various information before purchasing tokens or participating in liquidity supply.

Posted Using LeoFinance