Passive income is what majority of us yearn for, we rather make our money do the working than have a computer filled with various types of charts while we look for the needle in an haystack, meaning looking for the next set up to day trade or swing whichever you prefer.
Since the establishment or rather development of Decentralised finance Defi for short, earning passively has become somewhat easy and especially favourable during the bearish seasons just as we have now and while no one is happy to be in a bear season, one can't deny the possibility it brings to buy our favourite crypto for cheap at a much discounted price xD and the possibility to earn more passively is a sure welcome development.
At about 12:30pm UTC, Dipoleswap made an official announcement on the availability of farm option for both SCGT/LAT paired and also a single stake asset of LAT with the feature to earn SCGT at a mouth watering APY.
No doubt that the APY might reduce over time but before then, if you have LAT token or probably see the need to buy while it is cheap then this is probably the best time as you get to earn SCGT alongside.
SCGT is the native token for the game Stone Aeon
Stone Aeon is a game that happens in the world of Stone Age. The primitive men gather here. All the items and creatures exist based on the NFT of blockchain that is used for digitizing the unique contents.
As described earlier, Lat is needed for single asset staking to mine SCGT.
Lat is trading on multiple exchange from Gate.io to Okx, and then Huobi, withdrawal fee is quite cheap and you can easily withdraw to your Aton wallet, remember to properly backup your mnemonic phrase word or private key.
In other to access the Dipoleswap page you need a web3 DApp browser supported wallet and this is where TokenPocket comes in.
TokenPocket is a multichain wallet that allows users to easily manage their crypto assets and it also supports an easy to use DApp browser which gives you direct link between your crypto and a decentralized application.
TokenPocket is available on IOS and Android device and users can easily download on their preferred device from app store or Playstore.
Upon installation, simply navigate to PlatON network, to create or import(for those who already have a PlatON account prior to now).
TokenPocket doesn't require any form of KYC to get your wallet activated, you just need to backup your keys and setup your password.
If all was done successfully simply send in the desired amount of Lat token you would like to stake but if you already had some prior to now then click on the discovery menu
On the new page, paste this address https://dipoleswap.exchange/pools
Click on the connect option from top right and click on metamask, your account should be automatically logged in by now
Navigate over to the Lat option and click on the draw down menu, simply type in the amount of Lat you would like to stake and click on confirm, accept the transaction to complete the process.
If all was done successfully you should see your stake balance counting and also available to withdraw
SCGT is also trading on Dipoleswap and its currently paired with LAT and USDT
For users who have experienced when it comes to liquidity provision then there is also another option to provide LP on SCGT/LAT and enjoy the mouth watering APY.
The single stake has a limited supply and the sooner you join the more reward you are likely to get.
Until some other time, do have fun and stay blessed.