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After the successful launch of our product, we are overwhelmed by the support received from the community. We are a fully fair launch project inspired by decentralized finance because we believe that the power of decentralization is real. XANALIA farm is live for staking, Iu2019m going to share a complete procedure of staking for your assistance.
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XANALIA 32 Followers About Get started Follow Sign in XANALIA Farm is Live! How to farm ALIA on XANALIA: Step- by-step Guide XANALIA Mar 16 · 5 min read Dear XANALIA Community, After the successful launch of our product, we are overwhelmed by the support received from the community. We are a fully fair launch project inspired by decentralized finance because we believe that the power of decentralization is real. XANALIA farm is live for staking, I’m going to share a complete procedure of staking for your assistance. Initially, a little into for you to understand what you’re getting into. 1. Liquidity Mining
“Liquidity mining is the process of staking cryptocurrencies to a variety of decentralized application (or Dapp) smart contracts for a set duration, in order to get rewards (or “yield”) in the form of additional cryptocurrency.” In simpler words, you provide the liquidity, add the assets you currently have to the current supply, By doing so, you become a liquidity supplier. You add to the ecosystem and are rewarded for that. 2. Information about LP (Liquidity Provider) Tokens LP tokens are mathematical verification that you provided assets for a pool, you can consider them a coupon or a receipt. Normally, you get them only after you provide liquidity. By adding your ALIA and BNB tokens on PancakeSwap BNB-ALIA Pair, you will get LP tokens in return, which you can redeem anytime and get ALIA, BNB Tokens back from the swap pool, depending on the value of your LP tokens in the pool. You will be able to earn rewards by staking LP tokens on XANALIA and will get rewarded for your investment according to your pool share. The rewards will be provided in ALIA tokens. 3. About our ALIA Token ALIA is our platform token, it can be used for liquidity mining to earn profit in ALIA. Moreover, it enables users to use our (XANALIA) platform’s mentioned and upcoming services. Now getting straight to the guide? How can I farm ALIA on XANALIA? Step 1: Connect your wallet, in our case it’s MetaMask.
Step 2: A popup will appear on your screen showing the connection accomplished with MetaMask wallet. Step 3: Now your wallet is connected, Click on the “Buy ALIA” button. Step 4: Once you click the “Buy ALIA”, you will see the pop-up redirecting to the PancakeSwap to buy ALIA token using BNB. Read, take into account, tick the “I understand” box and click on “Continue”.
Step 5: Enter the amount of BNB you would like to swap for ALIA, then click “Swap” and confirm from metamask. Step 6: ALIA will be reflected after swapping.
Step 7 : After swapping on PancakeSwap, the ALIA token is displayed in the XANALIA farm page. Step 8: User can set their Max amount of Stake and need to get the approval Step 9: By clicking the “Confirm” button it will connect to the metamask wallet to set the limit.
Step 10: a popup will appear on your screen showing that transaction is submitted and after that maximum stake amount is set. Step 11: Enter the amount you want to stake and press the “Stake” button. Step 12: “Confirm” the transaction on Metamask.
Step 13: After staking the popup of “Transaction submitted” will be displayed on your screen and you’re done. Step 14: After successful Staking the User can get the view their pool share and the rewards with respect to the amount staked.
Have queries? We’re always there to answer them! Join our Discord Server https://discord.com/invite/wNk5C6Sf and ask away. About XANALIA XANALIA, a decentralized NFT Marketplace based on the Binance Smart Chain for AR, VR generation. With AR-VR integration, NFT collectors can interact with NFTs like never before. Robust features of the platform include liquidity mining, liquidity pool, Swap pools enabling traders to invest in NFTs. Traders can create their NFTs & other crypto-assets and list them on our platform for trading. Join Us: Visit our website: https://xanalia.com/ Join our Discord: https://discord.com/invite/wNk5C6Sf Join our Telegram: https://t.me/xanalia Follow our Twitter: https://twitter.com/xanalianft Read our Doc: https://xanalia.gitbook.io/xanalia/ Follow our Medium: https://medium.com/@xanalianft Follow our Instagram:https://www.instagram.com/xanalianft/ We would like to thank the BSC community again for such a strong support. But for now, keep calm and stake on. #GrowYourCrypto 29 Alia Nft Marketplace
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