الدرس رقم 7

DeFi products on Ethernity Chain

This module introduces Ethernity's DeFi products, including staking options and liquidity mining, explaining how users can earn rewards and contribute to the platform's liquidity by participating.

Fixed Staking

Fixed staking allows users to lock up their ERN tokens for a set period of time in exchange for rewards. This type of staking requires participants to hold tokens in a specific contract, and the lock-up time usually varies depending on the staking pool. During this period, users can earn rewards by staking tokens, with the rate of return depending on the lock-up time and the size of the staking pool.

The fixed staking rewards are designed to encourage long-term participation in the ecosystem. This product is very attractive to users who prefer to hold and seek stable returns. The fixed staking options will be regularly updated, introducing new staking pools and reward structures to maintain user engagement.

Satoshi staking

Satoshi Staking is a unique staking option on the Ethernity Chain platform. Users can stake the Ethernity Genesis: Satoshi NFT for one year and earn ERN tokens daily. This staking method revolves around the exclusive Satoshi NFTs, which commemorate the achievements of Bitcoin's founder, Satoshi Nakamoto. Holders of the Satoshi NFT can earn 10 ERN tokens for each day staked, with a maximum of 3,650 ERN tokens earned within one year.

The operation of pledging and redeeming Satoshi NFT is very simple, and users can claim accumulated rewards at any time during the pledging period. Meanwhile, Satoshi NFT can also be traded on other NFT platforms such as Ethernity Market or OpenSea, adding liquidity and value to these digital assets.

Stones Farming

Stones Farming is one of the most attractive DeFi products in the Ethernity Chain ecosystem. Users can stake ERN tokens in the farming contract to earn Stones, an internal currency that can be used to unlock various rewards such as unique NFTs, real-world collectibles, and other exclusive experiences. The Stones system serves as an incentive layer, encouraging users to continue participating in the platform activities.

For every 24 hours of staking, users can earn 1,000 Stones, and tokens must remain in the farm contract for a full 24-hour period to claim Stones, during which no part of the rewards will be provided. Stones are non-transferable and have no monetary value, but users can redeem them for exclusive prizes, including rare NFTs, tech products, as well as unique experiences, in special Farmer's Market events.

Farmer's Market and Mystery Box

The Farmers Market is an activity where users can exchange accumulated Stones for rewards. These rewards include digital collectibles (such as rare NFTs) and physical goods (such as souvenirs or tech products). The market also introduces Mystery Boxes, similar to the purchase format of loot boxes, where users can obtain high-value NFTs or other surprises by purchasing these boxes. This activity adds gamification elements to the platform, increases user engagement, and brings more excitement through the possibility of obtaining rare digital assets.

Liquidity Mining and Liquidity Providing

Ethernity Chain also supports liquidity mining through liquidity pools. Users can provide liquidity for ERN on decentralized exchanges such as Uniswap. By contributing liquidity, participants can receive a portion of the trading fees as well as additional rewards, depending on the performance of the liquidity pool.

The platform's staking and liquidity provision plan creates a complete DeFi ecosystem for users to interact on Ethernity Chain, not just limited to simple transactions. Liquidity mining rewards users who contribute to liquidity by providing higher returns to motivate them, and the annual percentage yield (APY) of certain pools may fluctuate based on market conditions.

Highlights

  • Fixed Staking: Users can lock their ERN tokens for a period of time and receive stable returns based on the duration of the lock-up. This method incentivizes long-term participation in staking by providing predictable rewards.
  • Satoshi Staking: Users who hold the exclusive Ethernity Genesis: Satoshi NFT can stake it for 365 days and earn ERN token rewards every day. Users can claim their rewards at any time or trade the NFT on platforms like OpenSea.
  • Stones Farming: Participants stake ERN tokens to earn Stones, an internal currency that can be exchanged for unique NFTs, real-world collectibles, or experiences. Stones are non-transferable and have no monetary value, but can be used to unlock rewards in the Farmer's Market event.
  • Farmers' Market and Mystery Box: Stones earned through Stones Farming can be exchanged for exclusive rewards in the Farmers' Market event, such as rare NFTs and tech products. The Mystery Box adds a gamified experience for users, offering surprise opportunities to acquire high-value assets.
  • Liquidity Mining and Liquidity Provision: Users can provide liquidity for ERN on decentralized exchanges, earn a portion of transaction fees and additional rewards. This mechanism provides strong support for the liquidity mining ecosystem, and rewards are distributed based on user contributions.
إخلاء المسؤولية
* ينطوي الاستثمار في العملات الرقمية على مخاطر كبيرة. فيرجى المتابعة بحذر. ولا تهدف الدورة التدريبية إلى تقديم المشورة الاستثمارية.
* تم إنشاء الدورة التدريبية من قبل المؤلف الذي انضم إلى مركز التعلّم في Gate. ويُرجى العلم أنّ أي رأي يشاركه المؤلف لا يمثّل مركز التعلّم في Gate.
الكتالوج
الدرس رقم 7

DeFi products on Ethernity Chain

This module introduces Ethernity's DeFi products, including staking options and liquidity mining, explaining how users can earn rewards and contribute to the platform's liquidity by participating.

Fixed Staking

Fixed staking allows users to lock up their ERN tokens for a set period of time in exchange for rewards. This type of staking requires participants to hold tokens in a specific contract, and the lock-up time usually varies depending on the staking pool. During this period, users can earn rewards by staking tokens, with the rate of return depending on the lock-up time and the size of the staking pool.

The fixed staking rewards are designed to encourage long-term participation in the ecosystem. This product is very attractive to users who prefer to hold and seek stable returns. The fixed staking options will be regularly updated, introducing new staking pools and reward structures to maintain user engagement.

Satoshi staking

Satoshi Staking is a unique staking option on the Ethernity Chain platform. Users can stake the Ethernity Genesis: Satoshi NFT for one year and earn ERN tokens daily. This staking method revolves around the exclusive Satoshi NFTs, which commemorate the achievements of Bitcoin's founder, Satoshi Nakamoto. Holders of the Satoshi NFT can earn 10 ERN tokens for each day staked, with a maximum of 3,650 ERN tokens earned within one year.

The operation of pledging and redeeming Satoshi NFT is very simple, and users can claim accumulated rewards at any time during the pledging period. Meanwhile, Satoshi NFT can also be traded on other NFT platforms such as Ethernity Market or OpenSea, adding liquidity and value to these digital assets.

Stones Farming

Stones Farming is one of the most attractive DeFi products in the Ethernity Chain ecosystem. Users can stake ERN tokens in the farming contract to earn Stones, an internal currency that can be used to unlock various rewards such as unique NFTs, real-world collectibles, and other exclusive experiences. The Stones system serves as an incentive layer, encouraging users to continue participating in the platform activities.

For every 24 hours of staking, users can earn 1,000 Stones, and tokens must remain in the farm contract for a full 24-hour period to claim Stones, during which no part of the rewards will be provided. Stones are non-transferable and have no monetary value, but users can redeem them for exclusive prizes, including rare NFTs, tech products, as well as unique experiences, in special Farmer's Market events.

Farmer's Market and Mystery Box

The Farmers Market is an activity where users can exchange accumulated Stones for rewards. These rewards include digital collectibles (such as rare NFTs) and physical goods (such as souvenirs or tech products). The market also introduces Mystery Boxes, similar to the purchase format of loot boxes, where users can obtain high-value NFTs or other surprises by purchasing these boxes. This activity adds gamification elements to the platform, increases user engagement, and brings more excitement through the possibility of obtaining rare digital assets.

Liquidity Mining and Liquidity Providing

Ethernity Chain also supports liquidity mining through liquidity pools. Users can provide liquidity for ERN on decentralized exchanges such as Uniswap. By contributing liquidity, participants can receive a portion of the trading fees as well as additional rewards, depending on the performance of the liquidity pool.

The platform's staking and liquidity provision plan creates a complete DeFi ecosystem for users to interact on Ethernity Chain, not just limited to simple transactions. Liquidity mining rewards users who contribute to liquidity by providing higher returns to motivate them, and the annual percentage yield (APY) of certain pools may fluctuate based on market conditions.

Highlights

  • Fixed Staking: Users can lock their ERN tokens for a period of time and receive stable returns based on the duration of the lock-up. This method incentivizes long-term participation in staking by providing predictable rewards.
  • Satoshi Staking: Users who hold the exclusive Ethernity Genesis: Satoshi NFT can stake it for 365 days and earn ERN token rewards every day. Users can claim their rewards at any time or trade the NFT on platforms like OpenSea.
  • Stones Farming: Participants stake ERN tokens to earn Stones, an internal currency that can be exchanged for unique NFTs, real-world collectibles, or experiences. Stones are non-transferable and have no monetary value, but can be used to unlock rewards in the Farmer's Market event.
  • Farmers' Market and Mystery Box: Stones earned through Stones Farming can be exchanged for exclusive rewards in the Farmers' Market event, such as rare NFTs and tech products. The Mystery Box adds a gamified experience for users, offering surprise opportunities to acquire high-value assets.
  • Liquidity Mining and Liquidity Provision: Users can provide liquidity for ERN on decentralized exchanges, earn a portion of transaction fees and additional rewards. This mechanism provides strong support for the liquidity mining ecosystem, and rewards are distributed based on user contributions.
إخلاء المسؤولية
* ينطوي الاستثمار في العملات الرقمية على مخاطر كبيرة. فيرجى المتابعة بحذر. ولا تهدف الدورة التدريبية إلى تقديم المشورة الاستثمارية.
* تم إنشاء الدورة التدريبية من قبل المؤلف الذي انضم إلى مركز التعلّم في Gate. ويُرجى العلم أنّ أي رأي يشاركه المؤلف لا يمثّل مركز التعلّم في Gate.