New Adamant Furnace: Earn SportX!

The 4th Adamant Furnace is now LIVE! Smelt ADDY, Earn SportX!

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.

SX Network’s team has provided 53,010 ($30,000) SportX tokens, so ADDY smelters can be rewarded SportX over the next 30 days. Adamant has also added a new boosted vaults: SX / WMATIC.

Read HERE about the Adamant x SX partnership!

How To Use The Furnace

Go to the ‘Furnace’ page and find the ‘SportX’ dashboard

Click the SportX Dashboard to see more info

Here you will find the return on investment percentage (ROI), what exactly you will earn (SportX), 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%.

Adamant Finance Links

Website: https://adamant.finance/
Telegram: https://t.me/adamantfinance
Discord: https://discord.gg/69ureKKYz2
Github: https://github.com/eepdev/adamantfinance
Twitter: https://twitter.com/AdamantVault

--

--

--

The #1 Autocompounder and Yield Optimizer for Polygon and Arbitrum

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

SEC Gary Gensler Throws Down The Gauntlet

TotemFi’s Week in Review

TALENTA DAILY NEWS

2020-nEthV — The EtherVirus

Benefits of S-Wallet

How to avoid losing money in Crypto.

pEOS: Status update

Uquid Defi is live now. Go swap and stake Defi SHopping Stake (DSS) and Defito (DTO).

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Adamant Finance

Adamant Finance

The #1 Autocompounder and Yield Optimizer for Polygon and Arbitrum

More from Medium

[5 REASONS WHY SERIES]: Rikkei Finance is Community-centred

Islander Airdrop For $MAXI Stakers

Introducing Diviner Protocol New RoadMap

CoffinFinance Partnership with Midas.Investments