Last month, DCTDAO successfully collaborated with TrustSwap to launch their new Yield Farming Program via the TrustSwap Farming Pools.
DCTDAO DEX had a successful campaign that saw many users rush to stake and gain great APYs.
DCTDAO is a quantum-resistant cross-chain DEX (decentralized exchange) where users can enjoy fast, affordable trading with Multi-Wrapped tokens while having the ultimate peace of mind thanks to their Quantum Proof security model.
TrustSwap sees immense potential for DCTDAO to become one of the most widely used decentralized exchanges in the Avalanche Ecosystem as it facilitates cross-chain transactions and trading for only fractions of a cent.
Therefore, we are pleased to announce the second round of the DCTDAO Decentralized Exchange Yield Farming Program.
DCTDAO Yield Farming on TrustSwap
Using the DCTDAO DCTDEX, users can add liquidity to the pool of the following Avalanche Base Token pairs and receive APY rewards by locking the LP tokens on TrustSwap:
As a reminder, the following token pairs remain eligible for yield rewards:
● DCTD/DUSDT
● AVAX/DWETH
● DWETH/VSO
● TOK/DWETH
● TOK/DCTD
● VSO/DCTD
Important Note: If you participated in the last round of staking, you will need to unstake from the old pools and stake again.
How do I participate in DCTD Yield Farming?
For token holders to participate in this new round, they must first add liquidity to DCTDAO and then stake DCTD liquidity pool tokens in the appropriate staking pool on the TrustSwap Farming Pools portal.
This can all be done in three easy steps.
- Add liquidity on the DCTDAO Dex
- Lock the LP Token on TrustSwap
- Relax and enjoy your yield!
Note: your MetaMask wallet will need to be set to Avalanche Network in order to access these pools. Click here for a detailed tutorial on bridging, swapping, and farming. Be advised that this guide is based on staking the VSO/DWETH pair, please adjust accordingly.
You can see the LP Token addresses of the farmable pairs here
The program extension begins today so head over to the DEX and get started!
About TrustSwap (SWAP)
TrustSwap is a multichain, full-service digital asset ecosystem that offers: P2P/OTC Escrow, Time-release payments, Launchpads, Incubator programs, NFT marketplace, Team token & Liquidity Locks and automated distribution protocol solutions. Their purpose is to build tools and applications that ensure the security of crypto for everyday hodlers and large venture capitalists alike. For more information, visit TrustSwap.org
About DCTDAO (DCTD)
DCTDAO is a revolutionary new platform that leverages Avalanche fast, gas-less and scalable blockchain with the capability to have multichain swaps to multiple blockchains like Ethereum and others. DCTDAO users can enjoy fast trading with Multi-Wrapped tokens as well as having the ultimate Quantum Proof security. For more information, visit Dctdao.org
About Verso (VSO)
Verso is a decentralized marketplace for centralized highly regulated financial industries. By allowing millions of mainstream consumers to gain easy and intuitive access to DeFi protocols without leaving the comfort of their preferred e-wallet app, Verso is enabling non-finance applications to offer financial products to their user base in a rapid and scalable manner. For more information, visit Verso.finance.
About Tokenplace (TOK)
Tokenplace is a next-generation trading platform that provides a high-level overview into the diverse landscape of digital assets. By connecting all their exchange accounts to the Tokenplace terminal, traders can get the best prices on the market by taking advantage of unique order-splitting algorithms to optimize and conceal their trades. For more information, visit Tokenplace.com
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
