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💡 This page introduces WNCG Staking that is integrated with PancakeSwap on BNB Smart Chain. For Ethereum version, please find in the main page.
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Table of Contents
WNCG Staking on BNB Smart Chain
WNCG Staking on BNB Smart Chain (BSC) rewards the liquidity providers of PancakeSwap v2 pool. PancakeSwap v2 is 50:50 pool which makes easier to understand. WNCG Staking on BSC rewards WNCG to the stakers.
Cooldown period
Deposited LP tokens are needed to be cool down to withdraw, like the stake modules of Aave and mStable. This aligns the incentives with the community, by distributing the rewards only to the stakers that bear with the cooldown period.
🐾How to use
Stake
- Visit WNCG Staking page (https://stake.nine-chronicles.com/wncg) and select BNB Smart Chain in the wallet connection.
- Provide liquidity for the WNCG-BNB v2 pool of PancakeSwap using
Join pool
button on WNCG Staking page.
- You can also do the same thing on PancakeSwap website, but may a little difficult to find it. Therefore, we recommend to use the interface on WNCG Staking for the ease of use.
- Stake the LP token. If you joined the pool (provided liquidity) on WNCG Staking page, you will see Stake button after joining the pool.
- You can claim WNCG rewards anytime you want.
Withdraw
- If you want to unstake, you should activate the cooldown timer first. Cooldown takes 2 weeks.
- When the cooldown has finished, you need to withdraw the token within the 3 days of the withdrawal window.
- If you didn’t withdraw the tokens within the withdrawal window, you need to cool down again.
- As long as the tokens are staked in the smart contract (even if it is being cooled down), rewards will be accrued.
Fees
- No fees are taken on the BSC-PancakeSwap version.