The $RARE Revolution 💰
We have already assertained from the 🐻 Bear Revolution
That the best way to earn $RARE is by buying a Bear & staking it @XoxnosNFTs
So let's take a look at $RARE, what it is & what you can do with it
Let's dive 🧵👇
1."Finally, I have some $RARE from staking my Bear & no idea what to do with it!"
You're eager! Let me explain a few things
$RARE is currently listed on @JungleDEX with ~$200k USDC/ RARE liquidity. It can be bought or sold into any pair on the Jungle
jungledex.com
2.It is also able to be bought & sold on @jexchangeP2P but be wary of the price
app.jexchange.io/pairTrading
3. "Whoa there, what do you mean be wary of the price"?
JEXchange is a peer to peer marketplace, meaning that the seller sets the price & the buyer decides if it's reasonable. Unlike on JungleDEX where you pay whatever price it is at the moment
4. "That sounds awesome, so I can sell my rewards from 🐻 staking at anytime, right?"
Yes, you earn them every day & can sell them off each day if you want, but not so fast, SRB have a large range of DeFi opportunities so you can make even more rewards!
5. "DeFi, I have heard about that, like Celsius, a scam!"
We understand the concern, sadly there have been a lot of bad actors in this space, even though completely doxxed.
DeFi just means decentralized finance, as opposed to traditional financial products
6. For our Farms and Pools we use @QuantumXnetwork, who are both professional & reliable. We recently carried out a Smart contract audit by @BlackHatNetwork, so you can rest assured your funds are safe
bhero.com/pdf/audits/elr…
7. "That sounds reassuring, but farms & pools, I'm confused, just want to make $"
Let's get back on track & I will explain everything so that even your own grandma would understand
"That's what I need"
8.let's just look at the current uses for $RARE
✅ Swap
✅ Staking
✅ Farming
✅ Earn $prick
✅ Earn $bear
✅ Governance
✅ Gaming
✅ Gamble it
✅ Mint with $RARE @xoxnoNFTs
✅ Lotteries on @FrameItNFT
9.✅ Buy & sell NFTs @KroganSwap
✅ Buy & sell NFTs on @EneftorElrond
✅ Pay for domains on @XDomainServices
✅ ⛽fees on @QuantumXnetwork
10.We have covered the swap, so lets move onto staking
Once you have $RARE in your wallet you have a variety of options for staking & farming, let's start with the easiest, remember all farms/pools have a 10% boost for SuperRareBears NFT stakers
11.Let's first look at the pools, there are currently 4 options
Pools
You 🥩RARE
🏆 Rewards are in
$EGLD (from SRB royalties)
$USDC
$RARE (🐻 stakers only)
$PRICK
12.There's a 10 day period from the moment you stake, or add to it, where if you want to leave early you there will be a 2.5% fee. This sustains the pools & helps pay for rewards.
You can claim rewards every day
13. "Thanks, that sounds really easy, what's $PRICK?"
Glad you asked. $PRICK is a token. When you reach one whole one, you can swap it for an #abominator 💉 NFT in the HUB
quantumx.network/hub
14.It's basically a fraction of the NFT. The Abominators 💉 us used to mutate a SRB to form a new collection called Abominations. The syringe is burned and Srb returned intact with new abomination. It's still being drawn
Read
15. Read about the abominator/abomination collection here
You can also steak the #abominator 💉 on @xoxnoNFTs for 3 $RARE a day
xoxno.com/stakingPool/76
16. "That's really cool & easy to understand, what about farms?"
Ok, farming is a little more difficult as you need to add liquidity & instead of staking the single asset ($RARE) you stake the LP token, which is, when you make it, an equal share of USDC & RARE
17. You can follow this awesome guide here
medium.com/@superrarebear…
"Excellent"
18.There are currently 3 farms you can stake your LP tokens in
The rewards are
$RARE
$BEAR
& a special farm called #bearlybonding, where you can earn 14 Tokens at the moment 😱
19. Just look at that list 😱
$HYPE
$RIDE
$ITHEUM
$QWT
$OFE
$RARE
$PROTEO
$UTK
$ZPAY
$ASH
$JEX
$BHAT
$AERO
$BONEZ
20. "Wow, I have heard of most of these, but what are $BEAR & $HYPE"?
$BEAR, like $PRICK token is a fraction of an NFT, in this case it's a SRB one & can be swapped in the Hub on @QuantumXnetwork when you have a whole one, or sold on @jexchangeP2P
21.Another great feature on QuantumX, is #RAREtopia.
You can swap the small balances you have from #bearlybonding or even metabonding in one go
Check it out here
quantumx.network/raretopia
22.There's an upcoming governance vote for $RARE
If voted for, Total supply of $RARE will be reduced by almost 50% 😱 from 17th July 2023
Changes & proposal
drive.google.com/file/d/1ZUUK2h…
Version 4 tokenomics here
drive.google.com/file/d/1ynV2Br…
V3 tokenomics
medium.com/@superrarebear…
23. So, you asked about $HYPE?
"Yes, sounds exciting"
It's a high yield farming meme token from SRB, there will be farms on @QuantumXnetwork
You can read v1 of the tokenomics here
medium.com/@superrarebear…
This is the topic of the $HYPE revolution, coming 🔜
Happy farming 🌾
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