NEWS PARTNERSHIP
ByAuthor SemmyKPosted on
3474

How to Staking and Farming to Earn $Hera on GaFin

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Hero Arena opens a staking pool for users to stake and earn passive income. Let’s see how to do it and Join us NOW!

Total Pool: 1.500.000 $Hera in 30 days period 

Timeline: 3:00 AM UTC October 26th, 2022

Begin your staking journey HERE: https://app.gafin.io/

Condition to Staking

  • Users must approve contract to stake
  • Users only can harvest or unstake if they have deposited in advance The deposit does not exceed the max cap After the end of the round, users can not deposit

Calculation formula

Harvest is profit withdrawal, user can withdraw profit at any time, harvest fee = 1.5% of transaction value

Unstake is withdrawing both capital and interest, user can unstake at any time, unstake fee = 1.5% of transaction value

User reward = deposit transaction interest 1 + deposit transaction interest 2 + … – withdrawn interest 1 – withdrawn interest 2 – … Users deposit transaction will calculate a separate interest for that transaction Total Liquidity = Total Deposit x Token Price

Steps to make Staking

Step 1: Connect Wallet

Step 2: Approve contract

Step 3: Stake

  • Input price and click confirm to deposit
  • After user confirms, the total deposit will increase

Step 4: Harvest

Harvest fee = 1.5% of transaction value

After user confirms, the TOP earned will be recalculated

Farming $Hera

Introduce about Farming

Deposit: LP Token
Reward: BEP20 Token (minted)

Condition to Farming


Users must approve contract to stake
Users only can harvest or unstake if they have deposited in advance After the end of the round, users can not deposit

Calculation formula


Harvest is profit withdrawal, user can withdraw profit at any time, harvest fee = 1.5% of transaction value

Unstake is withdrawing both capital and interest, user can unstake at any time, unstake fee = 1.5% of transaction value User Reward = Accumulated profit per second – profit withdrawn 1 – interest withdrawn 2 – …

APR = [Total Reward (value USD) x 365] / Total Liquidity x Duration]

Calculating TOP

When the pool has an increase or decrease => Reward per second changes

How to Farming on Gafin

Step 0: Connect Wallet

Step 1: Approve contract

Step 2: Farming

Input price and click confirm to deposit

After user confirms, the total deposit will increase

Step 3: Harvest

Harvest fee = 1.5% of transaction value
After user confirms, the TOP earned will be recalculated

About Hero Arena

Embracing the hottest trends to develop from the cryptocurrency industry, Hero Arena is a multiplayer NFT RPG game built on blockchain technology inspired by DOTA architecture with advanced blockchain technology and decentralized finance features to create an unprecedented experience. Hero Arena was designed according to the Turn-Based strategy game genre, which is a turn-based strategy game genre, removing the real-time element, the game allows the player to control each step of the battle, and the gameplay in the battle of the player. The game allows you to build a team using many different tactics to overcome the opponent. 

Contact us: 

Website: https://heroarena.app/ 

Telegram: https://t.me/heroarenagame 

Twitter: https://twitter.com/HeroArena_Hera

Discord: https://discord.com/invite/wzWJrhDkHQ

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We are very pleased to announce to the Herians community and users interested in Hero Arena that Techfarm is officially a new partner of Hero Arena. As a strategic investor, Techfarm will not only provide funds to operate but will also directly advise Hero Arena in its upcoming development journey. With the experience of Techfarm and the dedication of the Hero Arena Team, we will continue to conquer new milestones in our Metaverse journey.

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What is $Hera? 

$Hera is the token of the Hero Arena game project developed on the Binance Smart Chain (BSC) network, according to the BEP20 standard.

Specifications:

Token name: Hera Token

Token Symbol: $Hera 

Blockchain: Binance Smart Chain (BSC)

Standard: BEP20

Contract: 0x49C7295ff86EaBf5bf58C6eBC858DB4805738c01

Total Supply: 100,000,000 $HERA

The utilize of $Hera

The main token of Hero Arena,Hera is used for the following purposes:

  • Marketplace: Purchase and trade Hero NFT.
  • Exchange on the free market as Gate.io, Pancakeswap,MEXC, ZT
  • Staking: $Hera is used for staking points which the user can use to exchange for NFT.
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HERO ARENA SWITCHES FROM ON-CHAIN TO OFF-CHAIN PLATFORM

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What Are Off-Chain Transactions

Off-chain transactions refer to those transactions occurring on a cryptocurrency network that move the value outside of the blockchain. Due to their zero/low cost, off-chain transactions are gaining popularity. 

In blockchain-based cryptocurrencies, off-chain transactions refer to those which occur outside of the blockchain itself.

Off-chain transactions can entail lower fees, immediate settlement, and greater anonymity than on-chain transactions.

Depending on the method used, off-chain transactions may eventually have to be recorded on-chain.

Off-Chain Transactions Advantages

They can be executed instantly. On-chain transactions, on the other hand, can have a long lag time, depending upon the network load and number of transactions waiting in the queue to be confirmed.

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