RPINU launches LP Staking Program

Dear RPINU (Rupiah Inu) community, we have great news to share with you — like crypto enthusiasts like to say, it’s time for farming! We are excited to announce that we are launching RPINU (Rupiah Inu) LP Staking Program.

What’s this?

LP Staking is the process of staking the liquidity you add to the RPINU (Rupiah Inu)-BNB pool on PancakeSwap and earning $RPINU (Rupiah Inu) rewards in return.

What’s in it for the RPINU (Rupiah Inu) hodler?

The APY (annual percentage yield) for LP Staking starts from ~100% (it’s dynamic and will drop down as more users stake). Keep in mind that the first users who join the program will earn more than the rest — early birds will gain the most.

The longer you stake, the higher the rewards!

How to Add  Liquidity RPINU - BNB

1. Visit the Liquidity page.
2. Click the Add Liquidity button.
3. For the top Input, click 'Select a currency'. Then choose one of the token in the liquidity pair you want to add liquidity to. Here, we are gong to use BNB as an example.
4. For the bottom input, click ‘Select a currency’. And choose the other token in the liquidity pair you want to add liquidity to. Here, we are gong to use RPINU (Rupiah Inu) as an example.
5. Enter an amount on one of the tokens under “Input”. The other should be calculated and filled automatically. (If one of the token does not have enough balance. You will see an error and the button being greyed out. Please enter a lower amount to proceed.)
6. Click the Enable RPINU (Rupiah Inu) button. If you are adding liquidity against tokens other than BNB, you might need to click enable twice for each token in your pair. Your wallet will ask you to confirm the action.
7. The Supply button will then light up. Click to proceed
8. Your wallet will ask you for confirmation. Confirm your transaction from your wallet.
9. Soon after, you will see your LP Token balance at the bottom of the page.

Liquidity Providers earn trading fees

Providing liquidity gives you a reward in the form of trading fees when people use your liquidity pool.
Whenever someone trades on RPINU (Rupiah Inu) Swap, the trader pays a 0.25% fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on.

 

 

RPINU–BNB Liquidity Farm Overview

By staking RPINU - BNB  LP tokens, liquidity providers earn yield by receiving BNB tokens as rewards.

• APR/APY: Dynamic
  
• NO Deposit or Withdrawal Fees (0%)
• NO Lock-up period: To redeem your rewards, you must stake for a minimum of 10 days
• RPINU BSC Token Contract Address: 0xCc9B793CC9A4c10c706da713067Aa80930103BD3
  

Disclaimer

Providing liquidity to a liquidity pool can be profitable, but you will need to keep the concept of impermanent loss in mind. In short, if the price of the deposited assets changes since the deposit, the LP may be exposed to impermanent loss. But, it no longer affects you if token prices rebound.

The APY presented on the page is true to that moment and is subject to high volatility. The personal APY depends on the amount, duration, and ratio of staked RPINU - BNB  LP tokens.