Learn About The Morbex Platform And Its Token – A Unique Crypto Platform With An Incomparable Token
Morbex is the next generation of decentralized Automated Market Making (AMM) exchanges with a deflationary governance token system. They are your go-to yield farm, with many more features that let you earn tokens on Binance Smart Chain and Pancakeswap exchanges.
Binance Smart Chain (BSC) is considered a blockchain system that operates concurrently with the Binance Chain. Unlike Binance Chain, BSC has smart contract capability and is Ethereum Virtual Machine compatible (EVM). The objective was to maintain Binance Chain's high throughput while incorporating smart contracts into its ecosystem.
The next stage of the decentralized automated market exchange (AMM) is the Morbex deflationary governance mechanism. They use several other features, and they work on the Binance Smart Chain and Pancakeswap exchange.
Pancakeswap In Brief
PancakeSwap is a decentralized exchange, allowing you, without a centralized intermediary, to swap cryptocurrencies and tapes to maintain your tokens custody. It is based on automated smart agreements used on the Binance Smart Chain, the crypto-exchange Binance blockchain platform.
PancakeSwap is part of the growing wave of DeFi services that enhance transactions with business tokens by crypto-traders without a middleman taking a significant share. It's one of the largest DEXs of this kind on the Binance Smart Chain, but it has DEXs on Ethereum (for example, Uniswap).
Tokenomics
Ticker: BEX
Token Contract Address: https://bscscan.com/token/0x0352b52f4ddea5a4a25173796adf8a00de1dc5bd
Max Supply: 10,000,000 BEX
Chain: Binance Smart Chain (BEP-20)
Mining: 60%
IFO: 10%
Private Sale: 5%
Ecosystem: 10%
Team: 8%
Marketing: 5%
Providing liquidity to get LP Tokens
Now that you've found a Farm to stake in, you will need to add liquidity to get your LP Tokens.
- Click on the row of the Farm you've chosen from the list. It will open to show more details.
- On the left, you'll see some links. Click the Get (your pair) LP link.
This will open the Add Liquidity page for your Farm's pair. We have a guide to adding liquidity you can follow to get your LP Tokens.
Putting your LP Tokens into a farm
Now that you have your LP Tokens, you’re ready to start staking them in a Farm and earning rewards!
Putting your LP Tokens into the Farm
- Go back to the Farms page and locate your Farm. Click anywhere on the row showing your pair. It will expand to show more details.
When you’re ready, click the Enable button and confirm your action in your wallet. - After a short wait, the Enable button will change to Stake LP. Click it and a new window will appear.
Type the amount of LP Tokens you would like to farm with into the field, or just click Max to use all of your LP Tokens. - When you have the amount entered, the Confirm button will light up. Click it. Your wallet will ask you to confirm your action.
- After a short wait, the window will close, and you will see your new staked LP Token balance in the details.
Like with the current wave of second-generation yield farms, the goal is to develop a perpetual deflation token, with a continuous burn mechanism to cultivate an environment that can maintain long-term profits with continuously high APR for more significant revenues.
Learn More:
https://www.facebook.com/MorbexFinance
https://twitter.com/morbex_finance?s=08
https://www.reddit.com/u/morbex_finance?utm_medium=android_app&utm_source=share
https://t.me/Morbex_Finance
https://morbexfinance.medium.com/
https://github.com/morbex-finance
Author
Bitcointalk Username: btc4future
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1771077
telegram : @BTC4future7
wallet : 0x0C16ab8Bff25309ee601A09e8AD8E7bC83156D74