Risq Protocol Releases Liquidity Mining Incentives on BSC
Risq Protocol is proud to announce that we have released our first incentive program for $RISQ liquidity providers on Pancake Swap whereby users can start earning $RISQ after just 1 block.
We’ve allocated a total of 1,000,000 $RISQ to the campaign so that users will be able to participate and earn $RISQ in the RISQ/WBNB Pool on Pancake swap. Additional liquidity pools, including Option pools, will be added over the next few weeks.
1.) In order to farm $RISQ you’ll need some CAKE-LP tokens for the RISQ/WBNB pair, which means you will need to begin with some $RISQ and WBNB. $RISQ can be bought on Pancake Swap on the exchange page. https://pancakeswap.finance/swap
2.) You will need to have Wrapped BNB in order to buy the RISQ. You can also wrap your BNB on the same exchange page of Pancake Swap with no trading fees.
Now that you have $RISQ and WBNB, head over to the Pancake Swap Add Liquidity page at https://pancakeswap.finance/add/0xbb4cdb9cbd36b01bd1cbaebf2de08d9173bc095c/0xc2c82622a7cb7159d44cea7e39843a495f2674de
3.) Enter the amounts of WBNB or RISQ you want to add to the pool and click enable for both tokens (both token amounts should match). Once both are confirmed, you will see that the Supply button is now available. Click it and wait for the confirmation.
4.) You can add the CAKE-LP tokens to your Metamask by adding this address 0x12aBB836fA522c9EdD737586D5FE3d89d8826B47
Now we’re ready to start earning $RISQ on our Liquidity Mining page https://earn.risq.capital
Click the Approve RISQ-BNB CAKE-V2 LP button and then the Deposit button.
You will get a pop-up asking you to input the number of CAKE-LP tokens you want to stake.
Now you can sit back and earn $RISQ. Once you’ve earned enough, you can stake your RISQ in an Options staking lot to earn fees from Options trading.