New Staking Pools: NestSwap has reached a collaboration with Unique Trading Fortune Token
NestSwap, operated by Hummingbird Finance, is offering mutual staking pools with Unique Trading Fortune Token (UTFT), running for up to 50 days. It’s a great opportunity for both communities to earn rewards just by staking.
Read on to find out about both tokens and how to stake on NestSwap.
With both new staking pools, holders of $HEGG and $UTFT have the opportunity to deposit their tokens and stake for up to 50 days for rewards. Note, staked tokens can be withdrawn any time so you can earn for a few weeks or the full term. The longer you hold the stake the bigger the rewards. Published average percentage yield (APY), at time of staking, fluctuates as more people stake and when the token’s value changes.
What is HEGG, where to buy it?
Hummingbird Egg (HEGG) is the governance token of NestSwap, our very own decentralised exchange. Stake, farm, hold our play the Hegg lottery. Head over to NestSwap.app to buy, trading pair HEGG/BNB, and add the token to your wallet. You may also use PancakeSwap here.
What is $UTFT?
The aim of this project is to develop an official payment network, as well as seeking to deliver more advanced features to users all over the world. They plan to build a Unique Fortune Capital application where users have an easy and exclusive access to our features. Some of these features include
– Millionaire vision of the economy
– Mindset masterminds
– Book events
– One on one guidance from our specialists on cryptocurrency, the stock market and forex
UTFT Tokenomics 12%
3% for liquidity pool
4% for marketing and airdrop
5% distributed to all holders like passive income
Elite member’s club: Entry, buy at least 1,000,000 UTFTs. In the club you can learn about trading stocks, crypto, commodities and Forex.
1. Stake $HEGG 》$UTFT Rewards
Total Tokens: 10 million UTFT
Distribution maximum duration: 50 Days
Start: 1st Feb 2022
2. Stake $UTFT 》$HEGG Rewards
Total Tokens: 600,000 HEGG
Distribution duration: 50 Days
Start: 1st Feb 2022
NOTE: UTFT Token fee of 12% may be incurred when staking and un-staking. APY at time of staking may change over time due to token values and number of stakers (Tax subject to change)
How to stake HEGG or UTFT for rewards?
- Go to https://nestswap.app/pools
- Click “ENABLE ” on either HEGG/UTFT or UTFT/HEGG pool
- Then click on the stake button
- A small amount of BNB is required for transaction fees when staking, unstaking or harvesting
- Add the amount & confirm the transaction!
- Note: the UTFT tokens will leave your wallets therefore if your token has any rewards from token taxes you will not earn these when staked. Good news though you are not charged any UTFT tax when moving in and out of the pool.
- Set the closing date in you calendar and remember to remove your stake after it closes. (90 days after it closes the finished pool will be deleted!)
Join us for more :
Reddit : https://www.reddit.com/r/HmngBsc/
YouTube : http://bit.ly/YouTubeHummingbird
Disclaimer: The information provided does not constitute investment advice, financial advice, trading advice, or any other sort of advice. When buying crypto currency it is important to do your own research.