The 2nd Adamant Furnace is now LIVE!
The Furnace allows users to smelt their ADDY to earn an Adamant partner’s asset.
Smelted ADDY is sent to the locked ADDY staking contract and then distributed to those that are in the new locked contract. In return, users who smelt their ADDY earn a ROI percentage in the form of the partners asset.
QuickSwap’s team has provided 78.17 QUICK ($50,000) so ADDY smelters can be rewarded QUICK over the next 30 days. Stay tuned over the next few days regarding our growing partnership!
How To Use The Furnace
Go to the ‘Furnace’ page
Find the QUICK dashboard
Here you will find the return on investment percentage (ROI), what exactly you will earn (QUICK), how much you have smelted (User Smelted), and the Total ADDY Smelted.
Upon opening the dashboard, the options to ‘GET ADDY’ from QuickSwap and ‘SMELT ADDY’ will appear. Also, note the amount of time remaining until the rewards end is displayed.
Click ‘SMELT ADDY’, ‘APPROVE TOKENS’ and confirm in MetaMask. After the confirmation transaction, you can now ‘STAKE ALL TOKEN’ or manually enter amount and stake that amount.
By entering these pools, you understand and agree that 100% of your deposited ADDY will be smelted into the reward tokens over the remaining duration of the pool. Smelted ADDY is distributed to users in the locked ADDY staking contract. Be mindful that a “breakeven” ROI is 0%. Deposits will now be blocked if ROI is < 0%.
QuickSwap is a fork of the originator of Automated Market Makers in the now rapidly expanding DeFi sector of the Cryptocurrency industry, Uniswap. Both, of course, are magical. Only, rather than settling for the magic of unicorns, we’ve opted for the magic of dragons. It’s a much faster kind of magic, currently only available in a land far far away, known by the locals as Layer 2.
ADAMANT OFFICIAL LINKS