Hex One Protocol
  • 💵What is Hex One?
  • ⭐Basics
    • How $HEX1 works
    • How $HEX1 peg works
    • Overcollateralized vault
    • Hex One Protocol Benefits
  • 📊Tokenomics
    • Vault
    • Collateral Ratio
    • Liquidation Ratio
    • Liquidation Process
    • Impermanent Loss Protection
    • Price Feed
    • Pumpamentals
  • 📊Audits
    • Certik
    • Coverage
  • 📜Contracts [to do]
    • Tokens
    • Hex One Protocol
    • Vault
    • Farming
    • Bootstrap
    • Liquidations
  • 💾Versions
    • V1 [current]
    • V2
  • 💱Hex One Incentive Token
    • Incentive Token ($HEXIT)
    • Incentive Token Distribution
  • 💱Hex1 Debt Title (HDT) NFT
    • Hex1 Debt Title NFT
  • 💸Bootstrap
    • Bootstraping Hex One
    • Bootstrap Benefits
    • How to Bootstrap
    • Bootstrap HEXIT Distribution
  • 🤑Airdrop
    • Airdrop Benefits
    • How to Participate
    • Airdrop HEXIT Distribution
  • 🔂BORROWING
    • How to Borrow
  • 🧑‍🌾Farming
    • How to Farm
    • Yield / APRs
    • HEXIT Farming Inflation
  • 🖼️Branding
    • Hex One Branding
  • 🏫References
    • References
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  1. Farming

How to Farm

Provide LP HEX1/DAI from ETH or deposit HEX1/HEXIT. Earn $HEXIT!

TLDR: farms are an important factor in protecting the peg in two ways: it increases liquidity by incentivizing participants to lock LP to farm yield; and due to the higher liquidity due to more locked tokens and LP, it protects the peg.

To farm follow one of the steps below:

  1. Deposit HEX1/DAI from ETH into PLSX v2, or

  2. Deposit HEX1/HEXIT into PLSX v2

  3. Deposit the LP into the Hex One Protocol farm pool, respectively

  4. Claim / Withdraw to receive rewards + initial deposit

Tokens can be claimed immediately.

PreviousHow to BorrowNextYield / APRs

Last updated 9 months ago

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