AOM Pools LP mining rules description

Participate in AOM liquidity mining by staking LP tokens or single currency, allowing you to earn generous rewards!

Mining time

Aom Pools LP mining

Phase 1: October 18, 2021 PM 3:30:00 UTC

Pool income

Aom Pools lp mining pool

Pool name: USDT-AOM /AOM/ USDT

Mining Pool Revenue: AOM

The rules for the distribution of mining pool revenue for the above mining pools are as follows:

40% of mining income can be harvested at any time (for harvesting methods, please refer to the “Harvesting Income Method” below);

After the remaining part expires, it will be unlocked.

Allocation ratio of the mine pool in the first phase

Participate in mining methods

DFBTC liquidity mining pools need to hold LP tokens to participate in liquidity mining

When you hold LP tokens or single currency, you can find the mining pool you want to participate in on the liquidity mining page, enter the number of tokens you want to lock, and wait for the mining revenue to be harvested after the lock is completed. The specific steps are as follows:

  1. After linking the wallet, select the corresponding mining pool;

2.When you lock the tokens for the first time, authorization is required. Click the “Authorization” button, and click the “Confirm” button in the MetaMask wallet request signature dialog box to complete the token authorization;

3. After the authorization is completed, enter the number of tokens you want to lock, click the “lock” button, and click the “confirm” button in the MetaMask request signature dialog box to complete the lock;

4. After the locked position is submitted, wait for the block to be confirmed, and then you can check the number of locked tokens on the mining pool management interface.

Ways to get income

You can directly view the “mining revenue” information for the mining pool you are participating in.

The steps to obtain deposit income are as follows:

  1. Click the “Manage” button in the mining pool you have participated in to call out the redemption function pop-up window;

2. Click the “Redemption” tab, you can see the income information of this mining pool. You can click the “Confirm” button in the pop-up window and complete the signature in the MetaMask wallet to reap the mining revenue.

Exit mining method

The mining pool you participate in is unlocked according to the period you choose.

The redemption & unlock operation process is as follows:

  1. Click the “Manage” button in the liquidity mining pool you have participated in to call up the redemption function pop-up window;

Click the “redemption & unlock” button, and click the “Authorize” button in the pop-up MetaMask request signature dialog box to complete the redemption & unlock process.

Related calculation method

Mining revenue

APY=n*T/(l*P)*365
“N” represents the amount of AOM generated every day, “T” represents the currency price, “L” represents the price of lp tokens, and “P” the number of lp pledged by tokens

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