How To:
Participate in our LP (Liquidity Provider) mining program to earn rewards!
What is LP mining?
LP mining allows users to earn additional tokens by providing liquidity for Slinky Doge.
How does it work?
Users can participate by adding tokens to our liquidity pool. When you provide liquidity, you receive LP tokens in return, which represent your share of the pool. These LP tokens can then be staked in our LP mining contract.
What are the rewards?
The reward you earn is relative to the current rebase rate, so it is changing. You'll always earn 18% more than the current rebase rate. This includes if the rebase rate is 0. Users who stake liqudity will stean 1.09% interest.
LP Mining Details & Rules:
• Deposit tokens into our liquidity pool on our decentralized exchange.
• Receive LP tokens in return for your deposited tokens.
• Stake your LP tokens in our LP mining contract.
• Earn rewards based on your share of the liquidity pool and the duration of your participation.
Marketing Fee
Whenver you claim there is a marketing fee that is sent to the marketing address. It is 10% initially, but lowers by a set amount every 24 hours that you go without claiming. At it's lowest it reaches 0.5 percent.
How will this contract be funded?
The Slinky Factory will long term be supported by fees from Slinky Swap