Dear ApolloX Users:
ApolloX will officially launch Liquidity Provider Token (LP Token) Staking Rewards Pool at block 15156000 (Estimated to be 06:58 UTC, 11th Feb 2022). Users can add APX-BUSD liquidity on PancakeSwap, and stake their LP tokens on ApolloX DEX to earn APX rewards.
The rewards will be distributed to users based on APX Supply Per Block and LP Tokens Contribution. There will be 3 APX outputs per block.
Formula:
User's current block reward = APX Supply Per Block * the number of LP tokens staked by users in the current block / the total number of LP tokens staked in the current block
LP Token Staking Rewards Pool Details:
- Add liquidity for the APX-BUSD pair on PancakeSwap.
- Connect your wallet to ApolloX DEX and transfer the APX-BUSD liquidity token to the staking pool on the page.
- The following will show the stake amount, APX reward amount, and APY
Rewards Collection
- Connect your wallet to ApolloX DEX
- Click [Claim]. There will be two interactions: an authorisation confirmation and a transfer confirmation. Please ensure that there is enough BNB in the wallet for gas fees.
Redemption
- Connect your wallet to ApolloX DEX
- Click [Unstake]. Unstaked LP tokens will be transferred to the user's connected wallet
Terms & Conditions
- 0x7eB5af418f199eA47494023C3a8b83a210f8846F is the contract address
- ApolloX reserves the right of final interpretation of this activity
-
All images shown are for illustration purpose only
Risk Warning: Crypto futures trading carries a substantial risk. All trading activities are done at your discretion and at your own risk. The information here should not be regarded as financial or investment advice from ApolloX. ApolloX will not be liable for any loss that might arise from your use of ApolloX.