Yield Farming Boom: Hodlers of this Cryptocurrency about to Receive a 120% APR

in #blockchain4 years ago



Standard Tokenization Protocol is an open-source standard defining how tokenized assets are issued and transferred while complying with all necessary regulations.

Providing a standard that helps tokenized assets comply with necessary regulations is a valuable service, but the STP team just announced something else that is also extremely valuable, or at least extremely valuable for STPT holders. The STP team just announced the STPT liquidity mining program; this program will allow users to get an extremely lucrative 120% APR return from their tokens, and additional awards include 25,000 OIN tokens.

One of the best parts about this great opportunity is that hodlers will not have to wait a long time to benefit from it. The STPT liquidity mining program will have rounds, the 1st round of the staking program will last for 60 days, and it will begin on September 1st and last till November 1st.

People can begin participating in this liquidity mining program starting August 25, and the interest calculation will start from September 1st. However, for those who want to get the aforementioned OIN tokens it is important to start the process as soon as possible because the event already started on September 2nd, 9 PM EDT and will only run until September 9th, 9 PM EDT.

STPT Liquidity Mining Rewards

STPT liquidity mining will provide individuals an opportunity to make a lucrative investment to grow their portfolio or just get some extra cash in their pockets. The reward could be as much as an estimated 120% APR interest payment.

The amount of the payment depends on two factors: how much STPT you stake relative to the total amount staked by other participants and the amount of time you staked your STPT. This means getting in early will help you earn even more STPT.

Additional benefits for STPT liquidity miners include OIN tokens, people who get into STPT mining right now have the opportunity to get some of the 25,000 OIN tokens. The same two factors applied to the 120% APR also apply to win these OIN tokens: the more STPT tokens you stake relative to other participants and the longer you hold them the more OIN tokens you will be rewarded.

These OIN tokens are being offered to STPT miners as a micro token offering (MTO), and what makes it special is that this micro token offering is exclusively held for STPT liquidity miners. STPT liquidity miners will get tickets that will allow them to acquire these OIN tokens via tickets provided by the mining program, and winners will not have to pay for these tickets because they are free.

How to Participate

Users can participate in the STPT staking program in three simple steps. For the first step participants will have to add liquidity to the STPT/ETH pool on Uniswap. Step two, after depositing tokens users will automatically receive their STPT Uni-V2 LP tokens. The last step requires users to take their Uni-V2 LP tokens and stake them on Blockzone, the Blockzone system will automatically calculate the interest payment based on the Uni-V2 LP token staked.

All the prior steps apply for participants who want to win OIN tokens as well as two very simple tasks that can be done very quickly. The first task requires you to follow OIN platform’s official twitter and the second task is to join the official OIN telegram.

The platform where the liquidity mining program will take place is Uniswap, more information on Uniswap can be found here, https://uniswap.org/docs/v2/protocol-overview/how-uniswap-works/.



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