Meet LP Farming for Hacken Foundation Projects
Hacken team has recently announced the fundamental update of the farming model applied to Hacken Foundation projects. This change is aimed at increasing liquidity for HAI and Hacken Foundation projects’ tokens, boosting demand for these investment instruments among crypto investors worldwide, and thereby giving additional earning opportunities to HAI holders and Hacken Foundation projects’ communities.
As a result, Hacken token HAI will become a more functional instrument in the hands of investors and will attract more crypto enthusiasts to join our community.
Under the new farming model, there are 2 types of farming available to the HAI holders and Hacken Foundation projects’ communities, namely, HAI Farming and HAI LP Farming.
In this article, we will share with you the mechanism of HAI LP farming so that you will be able to extract maximum benefits from this investment option.
Official launch of HAI LP Farming: 1 December 2021, 3 pm (UTC).
How to participate in HAI LP Farming
There are 4 pairs to which you can add liquidity: HAPI/HAI, DDOS/HAI, UFI/HAI, and 1ART/HAI.
- 1ART Token Address: 0xd3c325848d7c6e29b574cb0789998b2ff901f17e
- 1ART/HAI LP Address: 0xdf36e8a77c933125abe674504e2da39a0fcefdff
- Reward Pool: up to 25,000,000 1ART Tokens
- DDOS Token Address: 0x7fbec0bb6a7152e77c30d005b5d49cbc08a602c3
- DDOS/HAI LP Token Address: 0x86ed5a6bfec6a547741ca0fa64de07b0fb73ba56
- Reward Pool: 1,200,000 DDOS Tokens
- HAPI Token Address: 0xd9c2d319cd7e6177336b0a9c93c21cb48d84fb54
- HAPI/HAI LP Token Address: 0x063aa8d01a96c36b946cc57f03edb1eb457b9785
- Reward Pool: 90,000 HAPI
- UFI Token Address: 0xe2a59d5e33c6540e18aaa46bf98917ac3158db0d
- UFI/HAI LP Token Address: 0x8666b25690e8e2d5cd1c4523bad7f5c81c6859b6
- Reward Pool: 3,500,000 UFI Tokens
How to Add Liquidity
Get LP tokens by adding liquidity to one of the above-mentioned pairs on PancakeSwap
- You need to have Hacken Foundation projects’ and HAI tokens on the BSC network
- Visit https://pancakeswap.finance/liquidity
- Click on Add Liquidity
- Choose the appropriate Hacken Foundation project’s token and HAI token
- When you choose the desired amount, click Add Liquidity and sign the transaction via Metamask. Congrats, now you have your LP tokens.
How to Stake LP Tokens
- Visit https://hackenfoundation.com/projects/
- Choose the pair you want to Farm (1ART/HAI, HAPI/HAI, DDOS/HAI, or UFI/HAI)
- Connect Wallet where you hold your LP tokens
- Click Enable Staking and sign the Approval transaction
- Click Stake LP and choose how many LP tokens you want to stake
- Click Stake LP and sign the transaction
In order to increase your APY you can add farmed tokens into the liquidity.
You can restake the received LP tokens into the LP Farming Pool.
How to get HAI on BSC Network:
Option 1: Bridge your VeChain HAI to BSC.
Option 2: Buy BEP-20 HAI tokens on PancakeSwap.
How to get 1ART, HAPI, DDOS, or UFI tokens
Option 1: Farm tokens with HAI in HackenAI Application. Simply stake HAI to earn Hacken Foundation’s tokens.
Option 2: Buy Hacken Foundation’s tokens on PancakeSwap.
Hacken team is focused on bringing more earning opportunities to our loyal communities. Thank you for trusting Hacken and our tokens. We are growing together.
About Hacken Foundation
Hacken Foundation is the startup accelerator platform that gives a boost to innovative projects developing promising cybersecurity solutions for individual and corporate clients. 4 projects have been already launched with the Hacken Foundation platform:
- HAPI: on-chain cybersecurity protocol preventing both centralized and decentralized exchanges from being involved in money laundering practices.
- disBalancer: innovative solution with a network architecture aimed at making businesses resistant to DDoS attacks by utilizing the free computing power and bandwidth of users’ devices.
- PureFi: the one-stop compliance protocol that will serve the needs of the DeFi market players by functioning as a full-cycle solution for crypto asset analytics and AML/KYC procedures.
- ArtWallet: Smart&Secure NFT App for Artists, the 21st-century version of iTunes and Spotify via NFTs. ArtWallet is solving the real challenges existing in the market including security threats, privacy and integration issues, and environmental impact of NFTs.