Add liquidity to Uniswap and earn 300% APY in PYR
With the launch of Vulcan Forged flagship games around the corner, it’s important to make sure liquidity provision is optimal for those wishing to participate in the PYR ecosystem.
We are excited to announce our first staking and liquidity program using PYR and Uniswap, starting at 4pm GMT April 29th.
Vulcan has created these liquidity and PYR staking programs in order to allow puny mortals in the crypto space to have an easier time buying and selling their PYR.
This program is separate from the play-to-earn and staking pools across the Vulcan Forged ecosystem which you can learn about here and is separate from the LP (liquidity pool) token program launching next week, which is a bit more advanced.
Here, the process is simple: stake $PYR, earn $PYR.
Here are the details of the staking pools for $PYR. These are on a first-come-first-serve basis. If the first pool fills, you go to the second and then third.
Kopis Pool—PYR Staking pool with 60 days lockup
To be filled based on First Come First Serve basis
PYR pool limit : 6000 PYR
PYR rewards: 3000 PYR in total
Mechanism: Stake PYR, get more PYR
Full maturity period: 60 days
Start date: 29th April, 2021
End date: 29th April, 2021 + 60 days
APY: 300%
Nemean Level —PYR Staking pool with 75 days lockup
To be filled based on First Come First Serve basis
PYR pool limit: 16000 PYR
PYR rewards: 4800 PYR in total
Mechanism: Stake PYR, get more PYR
Full maturity period: 75 days
Start date: 29th April 2021
End date: 29th April 2021 + 75 days
APY: 144%
Blubberjaw Level — PYR Staking pool with 90 days lockup
To be filled based on First Come First Serve basis
PYR pool limit: 28,800 PYR
PYR rewards: 7200 PYR in total for Level 3
Mechanism: Stake PYR, get more PYR
Full maturity period: 90 days
Start date: 29th April 2021
End date: 29th April 2021 + 90 days
APY: 100%
How it works:
- Buy PYR and send to MetaMask wallet
- Go to staking.vulcanforged.com (opens at 29th April 4pm GMT)
- Connect Metamask.
- Choose Level you wish to stake at (Level 1 is most beneficial otherwise level 2 then 3).
5. Connect Metamask to the platform.
6. You can then see your PYR balance as well as PYR available for staking on that level.
5. Enter the amount of PYR you would like to stake and Click on stake.
6. You will be asked to approve deposit.
7. You can withdraw the tokens once the locking period is over.