Panda Dao : Liquidity mining rewards

Panda Dao
4 min readMar 29, 2021

“Liquidity mining is a network participation strategy in which a user provides capital to a protocol in return for the rewards over a period of time.”

We are proud to announce 3 Billion PDAO rewards to liquidity providers over the next two months.

There will be two pools with different lock up periods and different rewards, below are the details :

Pool 1 : 1 Billion PDAO

Lock up period : 2 Months, withdraw rewards after two months

Rewards : 1,000,000,000 PDAO & high probability of Launchpad tickets.

If you deposit your BNB-PDAO LP in pool one, you will share 1 Billion PDAO tokens as rewards among the liquidity providers and also a high probability of getting a Launchpad Allocation ticket.

Randomly, 25 wallet addresses will be awarded launchpad allocation ticket in this pool, currently there are 20 LP providers in this group, so you can decide it you want to be part of it.

Pool 2 : 2 Billion PDAO

Lock up period : No Lock

Rewards : 2,000,000,000 PDAO for 2 months, weekly rewards distribution

Pool 2 will be live on 04.04.2021 21:00 UTC

Steps to add liquidity and Stake LP on our dapp.

  1. ) Click on the below link to buy PDAO tokens and add liquidity, if you have already bought, you can skip to step 5.

2.) Enter the amount in BNB, you want to buy PDAO, make sure you have set up slippage to 6%, by clicking on settings icon.

3.) Click on liquidity, if you do not see PDAO pair, click on the downward arrow and paste the below contract address and click Approve 0x1af3B59a839e97e944C65177aB3a024B499133F8

4.) After Approve transaction is confirmed, click on Supply

5.) Now you should have some LP tokens in your wallet.

Visit pandadao.network

6.) Click on DAPP, next HOME button, after you navigate to DAPP screen, Click on Connect for connection to your Metamask wallet.

7.) Once your wallet is connected, on the left panel, click on PDAO LP Mining and thereafter on Stake button at center of screen.

8.) Metamask pop will come, click on Confirm.

9.) After above transaction confirmation, click on Stake again and enter the amount of LP you want to Stake, click on Stake and wait for confirmation.

10.) After successful transaction, you will be able to see you LP token amount and share on the UI.

Please note that APR is not visible right now, we will make it visible on 31.03 when the pool 2 is live.

Currently Metamask wallet is supported and we will include other wallet integrations soon.

Bonus Update :

We had a very long meeting with one of the exchange, and as per your multiple requests, we will be listing PDAO on CEX in coming days. This CEX will support the 5% transaction distribution to the holders.

Thank you for your support and love.

Telegram : https://t.me/mypandadao

Twitter : https://twitter.com/PandaDao3

Web : pandadao.network

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Panda Dao

We are building DeFi products for the community on Binance Smart Chain!