UniFarm Cohort 5 is all set to go live Today at 10:30 PM IST | 5:00 PM GMT.
Since this is going to be the first ever cohort on Binance Smart Chain, users can expect better staking experience throughout the cohort.
In UniFarm Cohort 5, four of the most innovative and fast-growing projects have participated in the pool.
So far, we have crossed $8.5 Mn in TVL, and now all set to cross $10 Mn.
If you too are as excited as us, then check out these easy steps to stake tokens on UniFarm effortlessly.
Before we get started on this guide, here are a few points to note –
Note: For MainNet RPC, URL and Chain ID will be different.
- Please ensure that you have BNB in your Metamask to pay the gas fee.
- You can stake tokens using UniFarm URL: https://unifarm.co/.
- You can stake tokens to Maximum User Staking Limit for each pool.
Steps to Stake New Tokens on UniFarm
Please follow the steps below to start staking: –
Click on “Connect Wallet” to select wallet option as MetaMask, Trust Wallet and Binance Smart Wallet, and connect to your wallet.
Users can now switch between Ethereum and Binance Smart Chain with ease by clicking on SWITCH CHAIN on the top right corner.
Once it is connected, UniFarm website will show your wallet address.
From the “Select Token” drop down, select the token of your choice or search the token by entering token name.
In the next field, enter the amount for selected token you would like to stake.
- Click on ‘Max’ to view max token balance in your wallet.
- You will not be able to stake more then available token balance in your wallet.
Click on Show me available Pools.
You will be able to view all the active pools (of selected token) along with reward token information, APY, Lockin etc. (Pool list will be displaying in descending order of APY).
Click on Stake Now button to view expected return of 180-days duration for your staking.
- You will not be able to stake more then maximum staking limit for single user or available token balance in your wallet.
- You will be able to view expected return for the allowed staking only (whichever will be lower between maximum user staking limit or your token balance in the wallet).
Click on Approve to proceed further Or click on ‘X’ icon and go back to Step 3 and calculate earning for other tokens.
MetaMask will prompt you to approve the token.
**Please note that the approval of any token will require gas fees.**
Click confirm to proceed or you can click on reject to cancel the transaction.
If you have already approved token, Unifarm will allow you to stake directly (Infinite approval).
Once “Approved”, click on the “Stake”, to stake the selected token amount.
You would be prompted again to confirm your transaction in the MetaMask. Click confirm.
Congratulations! You have successfully staked ‘token’ on UniFarm!
View My Stake
Click on My Stakes to view list of all your staked tokens (recent stake at the top), along with current reward status, expected return and stake duration.
Unstake & Claim
Step 1: Click on My Stakes to view list of all your staked tokens.
Step 2: Click on ‘Unstake and Claim’ button to Unstake the token.
Step 3: Unifarm will prompt you to confirm your unstaking decision. Click confirm to unstake or click on Cancel to continue with current stakings.
Step 4: Congratulations! You have successfully unstaked ‘tokens’.
View Claimed Stakes
Step 1: Click “Connect Wallet” and you will be prompted to connect your Metamask. Click next to proceed.
Step 2: Click on Unstake and Claim to view list of all the Unstake and Claimed tokens alongwith reward and transaction details. (recent unstaking should display on top)
Refer a Friend and Earn Rewards
- Users should be able to refer UniFarm to a friend by clicking on Refer a Friend link from the navigation.
- Clicking on refer a friend will open a popup with referral link (referral link will contain wallet address of referrer)
- Referrer will get 5% of reward tokens earned by the staker for that stake.
- Note – These rewards will be automatically credited to users wallet and reflections will display in My Referral Rewards Page.
UniFarm is a one of a kind staking solution where the best projects in DeFi space come together to provide value to investors. UniFarm allows you to stake one token but earn multiple high-value tokens, so in addition to a great APY, your returns are automatically diversified as well.