CRYPTO ACADEMY SEASON2 WEEK7 ASSIGMENT POST FOR @sapwood by @ryzsfa

Hello steemians, today brings us to another episode again in the crypto Academy community. Before I present my homework post, I would like to acknowledge @sapwood and the crypto Academy community as well as all the professors. For bringing us such a wonderful opportunity to educate us about the crypto world. Today's topic is very special "Liquidity Mining (Tron- Sun.io)".

Without wasting enough time, I would present my homework systematically based on the questions from the professor.

1. How do I connect my TronLink Wallet to Sun.io?(Screenshots needed

Step 1

• open the TronLink app and click on discover at the bottom down.

Step 2

• type "sun.io" in the search link at the top

• the sun.io would automatically connect

step 3

• click on the three parallel lines at the top right to confirm the connection

step 4

• click on the first option from the drop down menu to confirm the connection

As we can see, our sun.io is connected to the TronLink Wallet.

2. What are the different liquidity mining pools? Which one offers the highest APY? How many different rewards do I get by staking LP token? (Screenshots needed)

There are 9 different Liquidity Mining pool. They are;

1. USDT-TRX LP

2. USDJ-TRX LP

3. TUSD-TRX LP

4. SUNOLD-TRX LP

5. WBTT-TRX LP

6. JST-TRX LP

7. BTC-TRX LP

8. WIN-TRX LP

9. ETH-TRX LP

The SUNOLD-TRX LP offers the highest APY of 35.72%

Looking at the various LP you get 5 different rewards from staking LP

• TRX

• WIN

• BTT

• SUNOLD

• JST

3. How do I obtain LP Token by adding liquidity in Justswap? What is the quantity(Explore through your wallet/Tronscan)?(Screenshots needed)

step 1

• click on "discover" from the TronLink Wallet and search Justswap.io

• click on pool and add liquidity

step 2

• input the of the TRX and the corresponding USTD

step 3

• confirm supply

4. How do I stake LP Token to earn five different tokens on Sun.io? (Screenshots needed)

step 1

• go to the sun.io

step 2

• type the amount

step 3

• confirm payment

5. Which reward(out of five different rewards) can be withdrawn at any time? How do claim that (indicate that in the screenshot)

Out of all the tokens, the "sunold" can be claimed.

6. What is the schedule of unlocking the mining rewards? Indicate the total undistributed/distributed mining rewards in the screenshot?

The schedule of unlocking the mining rewards is on a weekly basis for a period of 24 weeks.

We have two columns the frozen and the upcoming. Both are all rewards to claim. However, the

The Upcomingcolumn containes the rewards amount that will be automatically sent to wallet within a maximum of 7 days after staking. While the Frozen contains total rewards that will be partially unlocked and sent to wallet once a week. Hence takes a maximum of 24 weeks to claim all rewards.

7. Include the real example of your interaction with Justswap and Sun.io as required in this task? Indicate how a "stake"(in Sun.io) function consumes different "Energy & Bandwidth" than "obtaining LP token" (in Justswap)? You should add/remove a small amount of liquidity to obtain/redeem your LP token(as little as 1 USDT worth)? (Screenshots needed)

justswap

I just added additional 3 trx and 0.22 USDT.

The interaction with justswap consumed 383 bandwidth and 45 902 energy with 6.4 trx burnt to obtain the energy

IN CONCLUSION

I will say this is a very challenging topic which was very well explained by our professor @sapwood. Thanks to your incredible explanation I have understood undoubtedly very well this lecture thank you once again for this wonderful lecture.