Keep3rV1 Token (KP3R) – Defi Bonds + Keep3r Network

Keep3rV1 Token (KP3R) - Defi Bonds + Keep3r Network

Welcome to this cryptocurrency video on the Keep3rV1 Token (KP3R). In this article and also in the video above you will learn about the Keep3r Network.

Made by the same people behind YFI. Keep3r Network is designed as a decentralized coordination ecosystem for projects to find Keepers that will help with their upkeep.

[[Disclaimer: Keep3r Network is NOT currently live, any contracts or tokens related to the Keep3r Network are for auditing purposes only. Keep3r Network release will be communicated after all audits have been disclosed.]]

Bond KPR to perform high-risk jobs
Use KPR to manage Governance
KPR accrues direct payment fees
Liquidity providers can pay Keepers with KPR credit

There is no raise, there is no sale, there is no distribution, the supply starts at 0, to earn these tokens you need to register as a Keeper and perform work. On launch, there will be a list of available jobs as defined by the project currently collaborating on Keep3r Network.

Governance

Governance is designed to have a low overhead, it is only used for the following functions

Adding liquidity pools accepted for job credit
Approving / Revoking Jobs
Disputing / Slashing / Resolving / Revoking Keepers
Set KPR reward premium

The goal is not to create time sync for Keepers, instead, they should be focused on upkeep work.

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How to Use cVault Finance and earn Core Token

Welcome to this video posted by King of Fomo, in this video you will learn about cVault.finance and how you can earn Core Token by yield farming.

What is Core Finance?

Basically, it is a farming token, with a few twists. Most farming platforms are a copy and paste with minor changes of an existing platform such as Uniswap. Core Finance which is already over 10 million in total liquidity is still considered a low cap coin. The total supply of Core Token is just 10,000.

When you are farming Core Tokens you cannot remove your staked coins. This is unique as most other farms being yielded are ones where you can unstake your liquidity (Core-ETH pair for example).

CoreVault is the first high yield farmable deflationary DeFi token. With most liquidity farming pools the farmers are farming, they have to mint constantly new coins to generate returns. This causes the coin to become less valuable and they have too much sell pressure to keep the value from dropping.

The solution by Core Finance is called deflationary farming, it requires to very simple steps:

Charge fees on transferring tokens
Users can earn fees through farming

From this; token holders are able to farm without infinite inflation.

How to buy Core Token

Step 1

Go to https://cvault.finance/ and click on 'Wallet' then in the Core area click on 'Get'

This will bring you to Uniswap where you can swap to receive Core tokens.

Step 2

Once you have your Core tokens you will need to create the liquidity pair with Eth coins and 'supply' them to the pool.

Playing Minesweeper on cVault.finance

You may notice that the cVault finance website looks like an early version of windows operating system. You can click the start button in the bottom left and a menu will pop up with the option to play Minesweeper - the unforgiving classic desktop game that ends when you click a mine.

How to use Honeyswap to Provide Liquidity | HNY xDai Pool Rewards

Welcome to this crypto video and quick blog post about 1Hive's Honeyswap decentralized exchange. With Ethereum network getting clogged and having transaction fees in the $5 to $20 range, many people and dapplications are looking for alternatives.

One such alternative is the xDai chain which can be used with 1Hive's Honeyswap. The xDai chain is appealing because it is still using the Ethereum blockchain as a sidechain/sister chain. Opposed to a blockchain such as Tron which is a separate crypto blockchain all together.

Transacting and swapping on the xDai chain is a considerable amount cheaper and faster then the Main Ethereum network.

We will start at the stage as if you already have a metamask wallet and some Ethereum in it.

Steps to use xDai chain, xDai bridge, and 1Hives Honeyswap platform

Step 1:

Connect your wallet to the Ethereum sidechain/sisterchain - the xDai Network

Click the circle on Metamak
Click add Network
Add these 4 details in the respective boxes:
- Network name: xDai RPC URL: https://xdai.poanetwork.dev
- ChainID: 100
- Symbol: xDai
- Block Explorer URL: https://blockscout.com/poa/xdai

If you do not do this then you may see this error "Wrong Network" when trying to use Honeyswap. If you get this and you are looking at how to fix the error then you simply need to connect to the xDai network using the steps above.

Step 2:

Buy Dai on Ethereum chain and convert to xDai on xDai chain

Buy Dai on Uniswap
Switch back to the Eth Network in your Metamask wallet
Convert Ethereum to Dai using Uniswap or another exchange.
Transfer your Dai on the Ethereum Network to xDai on the xDai Network. You need to use a bridge to do this. You can use this bridge here: https://dai-bridge.poa.network/).

Make sure you are using the Ethereum network in Metamask to send. Like wise if you were trying to send xDai back into Dai you would be using the xDai network to send back. Be a bit patient here as it takes a few minutes for your xDai to appear in your wallet.

If you have xDai shown on the left (as per the screen below) then you are using the xDai network in Metamask and need to switch back.

Step 3:

Add liquidity to a pool (we will add to the xDai / HNY pool)

There are many pairs that you can add to. You can see them and their details here https://info.honeyswap.org/pairs.

Switch to xDai Network in your Metamask wallet
Buy Honey (HNY) on honeyswap. The pool is about 50/50 xDai and HNY so consider this before choosing how much to swap. (be sure to leave atleast 1 xDai in your wallet as it is used for gas fees similar to how Eth is used for gas fees on Ethereum. https://info.honeyswap.org/token/0x71850b7e9ee3f13ab46d67167341e4bdc905eef9
Add to the HNY xDai pair
- Click on pool > Add Liquidity

- Choose both xDai and HNY as a pair

- Confirm and pay for the transactions. Be sure to also click 'Supply' after the swap is 'Approved' to put your pair in the pool to provide liquidity. After you should see something like this showing you your pool allocations.

Great! now you are providing liquidity to the HNY xDai pair on 1Hives Honeyswap. You may be wondering what you get for doing this? For example on Uniswap you get UNI tokens for staking your digital assets. Likewise on Honeyswap you get rewarded for providing liquidity.

How do you get and claim your rewards? How do you know what token the rewards are being paid out in and at what weekly rate or APY? Where are the rewards displayed on the Honeyswap site?

Category Archives: King of Fomo