🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
🔥 Annualized 500%+ Want to know more? This article teaches you how to mine with Berachain!
Berachain's TVL has skyrocketed by 40% in the past month, of course, because there are many high-quality mining opportunities on it! Today I will take you to the Bear Chain Nuggets 👇
Step 1: First, look for high-yield pools. hub.berachain.com/vaults/ You can view information about Reward Vaults on berahub, including trading pairs and the DEX of the LP groups. For example, the first NAV-Bera Kodiak represents the NAV-Bera trading pair on Kodiak. BGT Capture represents the current BGT emission ratio obtained by this LP, with higher data indicating higher rewards. BGT APR is the BGT yield divided by the corresponding TVL of the pool, the higher the better. Incentives represent the rewards given to nodes by the protocol, similar to the bribes of ve33. From the image below, it can be seen that the current LPs with high BGT yields are NAV-Bera and BM-Bera. The relatively stable and mainstream ones are WBERA-Honey and Bera-iBGT. (Honey is the stablecoin of Bera; BGT can be exchanged for Bera at a 1:1 ratio, but cannot be traded; iBGT is the tradable version of BGT.) The yield from the two U pools for stablecoin mining is around 15%, which is quite good. Step 2: Go to the corresponding place to add liquidity. For example, clicking on WBERA-Honey LP will take you to the page shown below. Clicking the link after Platform will redirect you to the place to add LP. This pool is on the hub, while some pools are on other DEXs like Kodiak, where you can add a single token. The protocol will automatically exchange for the other token in the pool.
Step 3: Stake LP certificate The most direct place is berahub, on the page you enter in the second step for staking, you will receive BGT. BGT can choose to boost nodes to obtain additional收益. Check the voting rewards of the pool: furthermore.app BGT can be exchanged 1:1 for bera, but bera cannot be exchanged for BGT. (It is important to note not to choose nodes with 100% commission, as these nodes do not provide any earnings for users.) If it's purely about Mining, it's best not to choose hub. You can choose the LST protocol on berachain, the most famous one is definitely @InfraredFinance, followed by @stride_zone, and finally @0xBeraPaw. It is recommended to choose Infrared, find the corresponding pool on its website, stake, and obtain iBGT ( iBGT has a premium of over ten percent compared to bera. After obtaining iBGT, friends can add liquidity reinvestment in iBGT-Bera, stake single coins, or sell directly. (The annualized return of liquidity reinvestment may be more stable, as the Infrared node will definitely vote for this pool to obtain BGT emissions.) Recommended Inrared not only has the highest TVL and iBGT at a premium, but also because @yzilabs has invested, and there is currently no token issued. Notice on Releasing Data for BGT on berahub: