Introducing 1ART Farming

OneArt
3 min readDec 1, 2021

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We are excited to announce that 1ART farming starts today. Save the date: December 1st, 2021, 3 pm UTC.

Introducing 1ART Farming: Stake 1ART — Earn 1ART

Currency: 1ART token

Network: Binance Smart Chain & Fantom Chain

Reward Pool: from 1,000,000 to 10,000,000 1ART tokens Annually on each chain.

(up to 10,000,000 1ART on BSC and up to 10,000,000 1ART on Fantom).

Multiplier: 1–10x

1x — 1,000,000 1ART tokens (total rewards)

2x — 2,000,000 1ART tokens (total rewards)

3x — 3,000,000 1ART tokens (total rewards)

10x — 10,000,000 1ART tokens (total rewards)

Farming will start with the 1x multiplier. The multiplier will be increased if the amount of staked tokens grows.

How to participate?

In order to participate in 1ART farming, you just need to have 1ART tokens either on BSC or Fantom Chain.

1. Visit https://artwallet.co/staking

2. Select 1ART farming and click on Connect Wallet

3. Choose the network you want to use for staking (BSC or Fantom)

4. Approve 1ART tokens and stake the desired amount

5. Enjoy farming and claim rewards

6. Restake the claimed rewards into the farming pool to earn more 1ART tokens

How does farming work?

1ART farming works like Syrup Pool on Pancake. Stake 1ART — Earn 1ART.

  1. No limitation on depositing and withdrawing 1ART.
  2. No limitation on claiming Rewards. Claim and restake 1ART on demand whenever you want.

Multiplier

As a great incentive for the community, we have designed the Multiplier Mechanism to increase the APY. If the staked amount of 1ART tokens rises dramatically, the team will consider increasing the Multiplier to provide greater rewards to the loyal community.

1ART/HAI LP farming

Currency: 1ART/HAI LP token

Network: Binance Smart Chain

How to participate?

In order to participate in 1ART/HAI LP farming, you need to have 1ART/HAI LP tokens. To get 1ART/HAI LP token you need to add liquidity to 1ART/HAI pair on PancakeSwap.

Step by Step guide on how to add liquidity:

  1. You need to have 1ART and HAI tokens on the BSC network.
  2. Visit https://pancakeswap.finance/liquidity

3. Click on Add Liquidity

4. Choose 1ART and HAI tokens

1ART token address: 0xd3c325848d7c6e29b574cb0789998b2ff901f17e

HAI token address: 0xaa9e582e5751d703f85912903bacaddfed26484c

5. When you choose the appropriate amount, click on Supply and sign the transaction via Metamask. Congrats, now you have 1ART/HAI LP tokens.

LP token address: https://bscscan.com/address/0xdf36e8a77c933125abe674504e2da39a0fcefdff

Now you need to stake your LP tokens:

  1. Visit https://artwallet.co/staking
  2. Connect Wallet where you hold your LP tokens
  3. Click on Enable Staking and sign the Approval transaction
  4. Click on Stake LP and choose how many LP tokens you want to stake
  5. Click on Stake LP and sign the transaction

What to do with the Farmed 1ART tokens

Option 1: Restake 1ART into the liquidity

If you have additional HAI tokens, you can claim rewards in 1ART and add them to the 1ART/HAI liquidity pair. You can restake the received 1ART/HAI liquidity tokens into the farming pool. In this case, you will earn more 1ART by providing liquidity.

Option 2: Restake it into the 1ART Farming Pool

For our loyal 1ART community we have designed the 1ART farming pool with flexible APY.

We have designed 2 Farming Pools separately on BSC and Fantom chains.

Where to get 1ART tokens

If you still don’t have 1ART tokens, you can always get them on Yoshi.Exchange, SpookySwap, PancakeSwap, or Gate.io.

Please pay attention that 1ART/HAI LP farming works only on BSC, while 1ART traditional farming works both on BSC and Fantom chains.

To know everything about other ArtWallet updates, please monitor our media channels:

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