It gives us great pleasure to announce that 8PAY has listed on Value Defi, the multi-chain defi protocol known for its suite of high-grade products.
Our native token is available for trading and staking purposes, with Value users able to add liquidity to a BNB/8PAY pool to earn LP tokens. Thereafter, liquidity providers can stack their LP tokens on the protocol’s vFarm to earn juicier rewards.
The farm will go live on April 21 at approximately 01:23:17 GMT+0100 (British Summer Time). Simply visit the link and click on the notification bell to be alerted when the relevant block is validated.
The duration of the incentivized pool is one month, with the possibility of this provision being extended. With 8PAY pools already operating on the leading BSC and Ethereum DEXs (PancakeSwap and Uniswap respectively), the addition of our native token to yet another popular defi platform is cause for celebration.
How to Add Liquidity to Value Defi
If you’d like to add liquidity to the 8PAY/BNB pool on Value Defi and start earning rewards, here’s how to go about it:
- Wait for the countdown timer to reach zero, signaling that LP rewards have started.
3. Add 8PAY/BNB liquidity, just as you would on any other AMM. In case you have BNB and 8PAY you can add them with a 50% rate each, if you only have 8PAY no worries, you can still add the liquidity and the pool will automatically convert the 50% in BNB.
4. Visit the farming page of Value Defi here to stake your LP tokens and start earning 8PAY rewards.
And that’s it: you’re now earning 8PAY rewards for providing liquidity. The Value Defi pool will emit 86,400 8PAY over the next month, which will be distributed in proportion to the total amount of assets you pool.
Why Value Defi
Value Defi is, like 8Pay, a user-centric project that aims to “bring fairness, true value, and innovation to decentralized finance.” The platform comprises liquidity pools, a DEX, a fully insured reserve fund, a BSC-Ethereum bridge, and vSafes, high-tech yield aggregators that provide investors with generous returns on their deposited assets.
Our listing on such a popular defi platform gives users the ability to interact with 8PAY tokens, which can be used to manage single payments, fixed and variable subscriptions, and on-demand payments. Operating on Binance Smart Chain, 8Pay is a comprehensive payment solution that facilitates quick, painless recurring transactions with your hard-won crypto.
It’s been a busy time at 8Pay HQ following the conclusion of our IDO on BSCPad on April 5, after which we had our token contract audited by blockchain security expert Jorge Martinez; you can read Jorge’s full report here. We also partnered with Goswapp, a cross-chain defi trading application that makes 8PAY tokens tradable on the go, and our 8Pay testnet went live on BSC.
We hope you’re as happy about the Value Defi listing as we are. We intend to continue spreading the word about 8Pay, and with more partnerships in the pipeline, we’re confident of onboarding more users looking to extract greater value from their digital assets.
More about 8PAY
Updated Charts: https://goswapp-bsc.web.app/
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