Beginners Learn to Earn Part II - Syrup Pool & LP Mining

in #iotex9 months ago

You’re up and running in StarCrazy with multiple Starz working for you. We hope you’re a good boss. What else can you do to earn in StarCrazy?

LP Mining to Earn GFS
Here’s where we start to need to take a few more steps to get even better earnings. It’s really not hard and will be worth your effort. This assumes you have both GFT and IOTX in your wallet.

Did you miss Part 1 of the Tips for Beginners series? Check it out here.

Start by adding GFT/IOTX to the liquidity pool in ​​mimo. Huh?? Not to worry. You’ve got this. What we’re doing is combining two tokens, IOTX (who we all know and love) and GFT (our new BFF) . When we combine those two tokens we are creating an LP Token that provides the funds for doing transactions in and out of those two tokens.

Go to

https://swap.mimo.exchange/#/swap

,

Click on Liquidity

Click Add

Select the IOTX/GFT pair

Enter the amount of liquidity you want to add to the pool

Press Supply

Press Confirm Supply

Now you go into the StarCrazy app

Click on LP Mining (to add your GFT /IOTX)

Click Add

Enter the number of GFT /IOTX you want to stake

Click Confirm

Once it’s finished processing, right away you’ll see GFS tokens being mined and added to your account!

Syrup Pool (Farms) Stake GFS to earn GFT
You can earn GFS with the method above or you can trade IOTX for them on either mimo or zoomswap.

Want to learn more about the StarCrazy Syrup Pool? Read about it here.

Once you have a supply of GFS you can go to StarCrazy and

Click on StarMine

Click on Syrup Pool

Click on Approve (this gives StarCrazy permission to access your GFS for transactions)

Click Add to enter the number of GFS you’d like to stake

Finally, click Confirm

Now watch the earnings grow! Of course if you enjoy watching things that take time, you could also watch grass grow or the tide come in to shore. (We're not serious)

In case you were wondering, you are doing great!

Happy earning in StarCrazy!

Steps to enter the game:

Option 1: Metamask

Step 1: Install the metamask: https://metamask.io/

Step 2: Add a custom RPC/Network In the MetaMask browser extension, open the "Networks" drop-down menu at the top, and click the "Add Network":

Step 3: Input the respective network values for IoTeX Mainnet:

Network Name: "IoTeX Mainnet"

RPC URL: See Babel API Endpoints » (Example: https://babel-api.mainnet.iotex.io)

Chain ID: 4689

Symbol: IOTXExplorer URL: https://iotexscan.io

Step 4: Click the Save button and make sure IoTeX is selected as the active network

Step 5: Click the link to enter the game: https://game.starcrazy.com/?cid=nov

Option 2:

Using Iopay Wallet you can download though this link: Iopay.me

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