Benefits Of Farming ZPAY token and WAND The Degen Token Of Zoidpay
How I described Zoidpay;
Zoidpay is the intergalactic hero of the payment world, equipped with the latest technology and lightning-fast speed to help you seamlessly transact across the galaxy. It’s like having a personal financial assistant with a jetpack, ready to launch you into a world of cashless convenience. With Zoidpay, you can say goodbye to clunky wallets and tedious payment processes and say hello to a new era of frictionless commerce. So, if you’re looking for a payment solution that’s out of this world, Zoidpay is the answer. Simply put Zoidpay is a crypto liquidity platform enabling instant card issuance for purchases at any merchant & driving adoption to web 3.0 financial services. The difference between web3 and web2 is the ability to earn and you could earn in the Zoidpay web3 ecosystem would be giving out some few ways you can earn in zoidpay ecosystem;
↔️ Farming Your ZPAY token:
Here is a step by step guide on how to participate in the ZoidPay farm and earn rewards rather than just holding your assets getting nothing in returns.
1️⃣ Firstly, decide which of the two farms you wish to participate in. Of course, you do have the choice to participate in both.
2️⃣Participation as a liquidity provider requires you to make contributions equally in two tokens, in this case ZPAY and EGLD. Thus, make sure you have equal value amounts of ZPAY and EGLD.
3️⃣ Go to xExchange Liquidity page and “Add Liquidity” in the ZPAY-EGLD pair.
4️⃣ Once a commitment is made to the Liquidity Pool, you receive LP (Liquidity Pool or Liquidity Provider) tokens, meant to act as proof of your share of participation in the pool.In this case, the LP tokens received will be ZPAYWEGLDLP
5️⃣ Next, head to stake.zoidpay.com and use the ZPAYWEGLDLP tokens you received to stake them in the ZoidPay farms to earn rewards in ZPAY or WAND.
↔️ Wand Farming
Wand is the degen token of Zoidpay and it also has great utilities like it could be used for farming on the Zoidpay ecosystem , projects that wants to build there APIs can also use WAND token launchpad, it would be used for voting in the DAO and many other amazing utilities check out the great and amazing utilities below ⏬⏬
You can earn too from farming and providing liquidity to the ecosystem.
Provide liquidity on the ZPAY-EGLD pair on xExchange and earn an APY of up to 1500%. Rewards on this farm are capped at 20 billion WAND. This represents 20% of the total supply for the WAND token.
Here’s a look at the tier-based reward system for the WAND Farm
↔️Stake up to 23000 ZPAY: Earn an APY of 100%
↔️Stake beyond 23000 ZPAY up to 225,000 ZPAY: Earn an APY of 300%
↔️Stake beyond 225,000 ZPAY up to 420,000 ZPAY: Earn an APY of 700%
↔️Stake over 420,000 ZPAY: Earn an APY of 1500%
WAND AIRDROP
And also currently WAND token is hosting an airdrop to all early adopters that’s an amazing opportunity for you to have the utility token for just participating in the simple gleam task that sounds cool right?
To get started on the airdrop it’s very simple do the gleam task below⏬⏬
Zmonth Event
You could also earn in the Zoidpay ecosystem current by participating in the Zmonth event is currently on going where you could win up to 10,000 ZPAY token by doing just simple tasks I would show you how to participate friends firstly check out the tweet and follow the simple instructions there
↔️ Twitter
Secondly sign up on for the Zmonth with the link below ⏬
Hope you find my blog exciting web3 friends a whole lot of earning hack in the Zoidpay web3 ecosystem stay tuned for my next blog friends do well to participate in the events and earn cool rewards for more information about Zoidpay check out the links below and interact directly with the community and great team on all social media platforms.
A big appreciaton to my reference
