Creating
Last updated
Last updated
Creating a farm or stake pool on the Gainify App is an easy process. Before diving into the process, here are some key points to consider:
Farms and pools are created instantaneously. They cannot be future dated.
The max duration of any farm or pool is 6 months from creation date
It costs $10 to deploy a farm or pool that enables gain.algo NFD boosting. $20 without.
Farms and pools should be created from a hot wallet like Pera or Defly. Signing the transactions from a ledger takes too much time and the creation will fail. Farmers and stakers can use the site with a cold wallet, but the creation process does not permit it.
Connect your wallet and click the create farm button
For farms, you need to select whether you want a Tinyman or Pact LP. Select the appropriate logo and you'll be able to search for the LP in the LP token field. To find a specific pairing, type both assets with a space between them. Ie - "GAIN VERTEX"
After selecting the LP to award, you can search for the reward token in the designated field. If you want to add a supplementary, you can select from ALGO / USDC / GAIN.
Enable NFD boosting and cut the deployment cost in half, or don't check the box. NFD boosting gives gain.algo NFD holders a 20% boost to their staked value.
Select the duration in days, and add links to your website, discord, or x if desired. When completed your screen will look similar to this:
If the parameters you set look correct, click "Create Farm"
You will be prompted to sign transactions and pay the required fees.
Make sure the ALGO left in your wallet covers your MBR, that you have sufficient USDC to pay for deployment, and that you have the assets you selected to award.