Mines of Dalarnia on Binance Launchpool - Earn DAR By Staking BNB and BUSD on binance cryptocurrency exchange
How to earn Mines of Dalarnia (DAR) on Binance Launchpool?
Binance has introduced Mines of Dalarnia as the latest project featured on the Binance Launchpool platform.
Binance users will be able to earn a total of 24,000,000 DAR tokens through Binance Launchpool's staking program. Users can stake BNB and BUSD tokens.
Mines of Dalarnia is a Play-to-Earn (P2E) that uses the binance cryptocurrency exchange
Smart Chain blockchain to reward its players. In Mines of Dalarnia, players explore procedurally-generated levels and collect items that can be sold for DAR, uthibitishaji mdogo wa google the game's native token. In addition to being the native currency of the Mines of Dalarnia ecosystem, DAR is also used in the governance process and can be staked for additional rewards.
1. Create an account on Binance.
The first step for participating in the token sale is to create an account on Binance.
After you successfully register, go to the Launchpad section of the navigation menu. Now, you can see all the completed and upcoming IEO token sales and Launchpool programs on Binance.
2. Select Mines of Dalarnia IEO.
After you're verified, select the Mines of Dalarnia farming program from the list of upcoming and completed Binance Launchpool projects. You'll need to select which token you will be staking (BNB or BUSD).
3. Mines of Dalarnia Launchpool calculation and distribution rules.
For the Mines of Dalarnia token sale, users will be able to obtain DAR tokens only by staking BNB or BUSD. Users will need to complete a flexible savings transfer after August 19, 2021, at 0:00 AM (UTC) so that their balance is included in the Launchpool calculations.
After you've completed your flexible savings transfer, your stakes token balances will be recorded each hour for 30 days after the staking period begins to calculate a daily average token balance. The rewards allocated to each pool will be split evenly every day over the 30 day period.
Flexible savings tip:
Note that Flexible Savings product subscriptions are closed during 23:50-00:10 (UTC) daily. That means that no interest is accumulated on products purchased on the day of subscription. Interest is calculated the next day.
Interest calculation tip:
The interest amount is calculated and distributed daily based on your available flexible savings assets. The interest amount is rounded down to 8 decimal places.
You can stake multiple times if you want. You can buy and trade BNB or BUSD and add them later on during the staking period.
After you confirm the transfer you'll receive a " Subscription success " pop-up message.
You can check your staking Pools at any time if you go to the Launchpool tab and p & l binânsje app
click Launchpool Farming on the left side of the screen.
Note that the pictures below are from previous Launchpool programs.
4. Staking Period.
Users will be able to stake their assets from October 29, 2021 at 00:00 AM (UTC) to November 27, 2021 at 11:59 PM (UTC). For additional details, head over to the Binance support page.
5. Redeem Funds.
The staking platform allows users to redeem their funds before the staking period ends. You can redeem your funds by choosing one of the two methods allowed:
Fast redemption The redeemed quantity is returned to you the same day, tòcan matance binance but you don't receive interest from that day Standard redemption The redeemed quantity is returned to you the next day and you still receive interest from that day.
To redeem your funds go to your Savings and choose Redeem .
You'll then need to select one of the two available methods to redeem your funds.
Binance has also expanded its Binance Earn offering with a new feature called BNB Vault. With BNB Vault, which is described by Binance as a "BNB yield aggregator", the exchange is combining its other passive income products.
These products are Launchpool, DeFi Staking and Savings. In addition, the BNB Vault product will also be integrating rewards generated from participation in Binance Smart Chain, once that functionality is online. If you decide to use the BNB Vault feature, you'll need to keep in mind that during the preparation period, you'll need to manually stake your BNB holdings in order to successfully farm the desired token.