4. Farming for Projects
Note that New Farms are implemented at each Farm Rebalance which are bi-weekly.
There are 3 Options for Farming on Minswap for other Projects. Each Option has different requirements:
- 1.Own Token Farm: for example, if your project token is $XZY, you can enable $XZY/$ADA Liquidity Providers to Farm $XZY. There are no requirements to enable this type of Farm. However, due to the high demand to implement this kind of farm, a one-time fixed Fee of 500 ADA is required. The steps therefore to get an Own Token Farm are: 1) Decide on the amount of tokens you want to put on the farm program and for how long (for example, 0.5% of the total supply for 6 months). 2) Send the one-time fixed Fee of 500 ADA to the following address: $minswap 3) Drop a message on the Minswap Discord and you will be assisted in the final step.
- 2.MIN Farm + Own Token Farm: this Farming program is for both the Project's Token and MIN Token rewards. The requirements are the following: the Pool of the Project (for example $XZY/$ADA) must have had a TVL of minimum 100k ADA for a period of at least 1 month. A Proposal must be published on the Minswap Forum and receive a significant amount of votes (around 50 votes). Please read the following Forum Post for a Template on the Questions to be answered in the proposal. Finally, the Kitty Farmer Committee has the final say on the approval.
- 3.MIN Farm only: this Farming program is for MIN Token only. Requirements are a minimum of 600k ADA TVL and 2 weeks of trading without incentives. A Proposal must be published on the Minswap Forum and receive a significant amount of votes (around 50 votes). Please read the following Forum Post for a Template on the Questions to be answered in the proposal. Finally, the Kitty Farmer Committee has the final say on the approval.
Last modified 24d ago