【Equator】KUN 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.
At present, the Minting Mining of QUSD and Liquidity Mining of KUN on 【BSC chain】have been carried out.
The Minting Mining of QUSD refers to the process in which users mint QUSD to obtain the governance token KUN as a reward.
At present, if the FOR token is used for Minting Mining , the annual income will be more than 130% .
The liquidity mining of KUN refers to the process in which users provide liquidity for KUN / QUSD pairs to obtain the governance token KUN .
This article will take Equator (BSC chain) platform as an example to illustrate the liquidity mining steps of KUN in detail.
Start time: 5 November 2020 at 12:30 P.M. (GMT)
Mining cycle: 4 weeks
Release speed: see [KUN Token Liquidity Incentive Distribution Chart]
Mining rules: Liquidity Mining.
Users who deposit QUSD into Equator's KUN/QUSD liquidity pool can get EPT ( Equator's Liquidity pool token) . Then lock EPT on QIAN platform, and users can get KUN as a reward according to the proportion of locked EPT.
Reward Withdrawal : The KUN for the Mining Reward will be opened for withdrawal 24 hours after the commencement of LP mining (i.e. After 6 November 2020 at 12:30 P.M. ).
Reward Withdrawal : The KUN for the Mining Reward will be opened for withdrawal 24 hours after the commencement of LP mining (i.e. After 07 November 2020 at 12:30 P.M. (GMT)).
[KUN Token Liquidity Incentive Distribution Chart]
In general, KUN's LP mining at Equator is divided into two main steps:
Deposit QUSD into Equator's KUN/QUSD liquidity pool to obtain EPT.
Lock the EPT in the QIAN platform and get the KUN as a reward
Get EPT token
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 bsc.qian.finance. Make sure select【BSC Mainnet】 of the MetaMask. Click How to connect your MetaMask wallet to BSC Mainnet for reference. Click【KUN Mining】to enter the mining page.
Enter the mining interface (see below), find the [Equator Liquidity Pool（BSC)] , and click [Go to Equator].
The website will automatically jump to the QUSD/KUN liquidity pool. Click [Connect Wallet].
Note: If you use a different wallet, be sure to use the same wallet address.
Click [Add liquidity] on the upper right to prepare to deposit liquidity.
Continue to click [Setup proxy], and click [Next] to enter the liquidity adding page.
Select the【Single asset】page， and click the 【Unlock】button. Input the QUSD amount you want to deposit , and you will see the EPT amount you will get.
PS: The reward will be higher if you deposit more QUSD and EPT tokens.
Check the box shown below, and click 【Add liquidity】
At this time, users can see their EPT number and proportion at the bottom of the page.
Lock EPT Token
[EPT] is the liquidity certificate of assets deposited by users. Return to [Equator Liquidity Pool（BSC)] and click [Start].
Enter the Details page. Users can view their EPT balance.
Click [Lock EPT], input the number of EPT to be locked, and click [Confirm] to lock the obtained EPT into the platform. At this time, users can get KUN token rewards according to the proportion of locked EPT. Users can withdraw revenue at any time.
User can stop mining by clicking [Unbond EPT], and the locked EPT will return to the wallet balance. Return to Equator and click [Remove liquidity] as shown below , then the deposited assets can be withdrew to the wallet.