Don’t wait! You already can get $HARD for sending $USDX to liquidity pool of HARD-Protocol!
HARD-Protocol gives you a lot of posibilities to earn $HARD.
$HARD already on Binance Launchpool.
I will use Cosmostation Wallet app.
You need to have $USDX on your available balance.
If you don’t know how to get $USDX, use this instruction.
At first, open your Cosmostation Wallet app.
Left screenshot: Go to “CDP & Harvest”
Middle screenshot: Click “Harvest Market”
Right screenshot: Choose “USDX POOL”
Left screenshot: Click “Start Deposit”
Middle screenshot: (1) Click “Max”, then (2) Click “Next”
Right screenshot: We don’t need memo. Click “Next”
Left screenshot: Choose fee for transaction. You pay fee with $KAVA. More fee — faster will be your transaction.
(1) Free Fee
(2) Low Fee
(3) Mid Fee
(4) Click “Next”
Middle screenshot: Click “Confirm”
Right screenshot: Wait for ~7second (Middle block creating time)
If you see, that your transaction is Successful — click “Done”.
That’s all! Now you $USDX in liquidity pool of Cross-chain Money Market HARD-Protocol, and you will get reward in $HARD with every new block!
To know, how much we will get, return to “Harvest Market”.
Left screenshot:
(1) Information about lequidity pool and $HARD-reward
(2) Information about our Deposit and how much reward in $HARD we already have.
Right screenshot: Click on “USDX POOL”
(1) We can see, that for the depositing 10 $USDX to liquidity pool, we will get 0.036326 $HARD every day.
It means: 0.36326 $HARD in 10 days, or
1.08978 $HARD in a month, or
13.25899 $HARD in a year.
If in one year price of $HARD will be ~0.5$, it means that out profit — 65,12% in a year.
If in one year price of $HARD will be ~1$, it means that out profit — 130,25% in a year.
If in one year price of $HARD will be ~2$, it means that out profit — 260,5% in a year.
Much more, than any centralised bank can gives you.
(2) Click to claim your reward in $HARD. We are not traders, we are long time investors,
Left screenshot: You can claim “small reward”, and get $HARD on your available balance in one month. But you will get only 33% of reward. But you can use it in one month!
Right screenshot: You can claim “large reward”, and get $HARD on your available balance in one year. But you will get 100% of reward. But you can use it only after one year!
We are not traders, we alre long-term investors, so, choose “LARGE” and click “Next”.
Standart procedure…
Left screenshot: We don’t need memo. Click “Next”
Middle screenshot: Choose “free fee”. Click “Next”
Right screenshot: Click “Confirm”
If you see, that your transaction is Successful — click “Done”.
You can claim reward as often as you like. Commissions in Cosmostation Wallet app are free!
Let’s return back to “USDX POOL”:
(1) You always can deposit more $USDX to get more $HARD. This is “standart procedure”.
(2) You always can withdraw your $USDX, but you will stop to get $HARD. This is “standart procedure”.
(3) You always can claim reward in $HARD. This is also “standart procedure”.
Also, you always can see how much $HARD or $USDX you have, by clicking on “TOKENS”:
$USDX and $HARD are tokens on Kava-chain, like erc20 on Ethereum. But without crazy commissions for gas!
It means, that you can send, receive and keep your $USDX and $HARD on any kava-address.
Your kava-address not in Wallet! If you don’t understand it, read this article!
Also, this is not only one way to get $HARD.
You can get $HARD by staking $KAVA, and you will get reward in $KAVA from validator, and additional reward in $HARD from HARD-Protocol!
Everything you need to know about Kava, Harvest and staking. Simple explanation and instructions.
I hope, this instruction helped you to understand process better))
If you have any questions, feel free to ask in Telegram:
Kava Labs
KavaTipBot
HARD-Protocol
The easiest way to exchange, send and recieve $KAVA, $USDX and $HARD — telegram bot: t.me/KavaTip_Bot
Kava — is a part of Cosmos Ecosystem
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Kava Twitter
Harvest Twitter
The instruction was prepared by Vladimir Ponimajushij
If you like my instructions, you can send me $KAVA, $USDX or $HARD:
kava1twvqa0k04rfu53ycrgtkqua2jeyr7h7qtz9qcu