Introduction to the first round of yield farming:
The Force Protocol is officially launching Yield Farming at 11 AM, August 4th (UTC+8) The starting block height is 10591168 and the ending block height is 10637168.
The first session of Yield Farming is divided into four rounds: Wind, Wood, Fire, and Mountain. Each round lasts for 7 days, 28 in total.
The first round of farming: “Wind”. 100 FOR yields per block, of which 40 FOR yields for depositing HBTC, 40 FOR yields for depositing USDT and 20 FOR yields for depositing BUSD. We will adjust the farming difficulty before the next round begins.
Please check the following blog for more details:
Yield farming using PC:
1. Download the Google Chrome browser
2. Install MetaMask wallet (for detailed installation tutorial, please visit https://www.jianshu.com/p/e7137f8daddd)
Note: Be sure to ensure a secure network environment and keep the MetaMask mnemonic and password. Losing the mnemonic will cause the loss of your assets.
3. 【Wind】Round farming supports HBTC, USDT and BUSD.
HBTC is the Ethereum version of BTC launched by Huobi, 1HBTC=1BTC. Please visit https://www.hbtc.finance/zh-cn/ to get HBTC. BUSD is approved by the New York State Department of Financial Services (NYDFS) and issued by Binance and Paxos as a stablecoin priced at 1:1 USD.
Please visit https://www.binance.com/cn/busd to get BUSD.
4. Visit https://for.tube through Google Chrome browser. Enter the ForTube yield farming interface.
5. Click “Connect” in the pop-up box of MetaMask wallet, and click “Signature” in the subsequent interface to successfully access the wallet.
The farming method and difficulty may be slightly adjusted in different farming rounds. Currently, the “Wind” round only supports “Deposit”.
6. For “Deposit”, please select the target token in the drop-down menu. The authorization will be required if deposit or repayment for the first time.
7. After the authorization is completed, enter the deposit amount and click “Deposit”. As shown in the figure below, users can see the APY (dynamic floating), “Estimated daily rewards”, and “My rewards” on the right.
The operation process of “Borrow” is similar to that of “Deposit”. Note: In ForTube Bank, users can only borrow after depositing collateral assets.
8. Rewards withdrawal. The farming rewards of the day can only be withdrawn on the second natural day. The farming rewards show that it is expected to be delayed by 1–2 blocks (about 20 seconds). Users can withdraw all the rewards from the previous day at one time.
Yield farming using mobile phone:
1. The wallets currently supporting the ForTube platform include Bitpie, DappBirds, MYKEY, TokenPocket, Coinbase wallet, Trust wallet, imToken, Huobi wallet, etc. Users can participate in yield farming through these wallets.
2. Take Bitpie as an example (the entrances of the Android version of Bitpie wallet and the IOS version are slightly different).
For the Android version of the wallet, find the “DeFi” list in the Discovery section, click the ForTube platform icon, or enter for.tube in the address bar to enter the ForTube yield farming interface.
For the IOS version of the wallet, type in “for.tube” in the built-in browser to enter the ForTube yield farming interface.
3. Click “Connect” and select Confirm in the pop-up box to connect the wallet to the ForTube platform.
4. For “Deposit”, please select the target token in the drop-down menu. Authorization is required for the first deposit or repayment.
After the authorization is completed, enter the deposit amount and click Deposit. As shown in the figure below, you can see the APY (dynamic floating) and Estimated daily rewards.
The operation process of “Borrow” is similar to that of “Deposit”. Note: In ForTube Bank, users can only borrow after depositing collateral assets.
5. Rewards withdrawal. The farming rewards of the day can only be withdrawn on the second natural day. The farming rewards show that it is expected to be delayed by 1–2 blocks (about 20 seconds). Users can withdraw all the rewards from the previous day at one time.
Know More About The Force Protocol：
▲Medium: https://medium.com/@theforceprotocol
▲Official website: https://www.theforceprotocol.com/
▲ForTube website: https://www.for.tube/home
▲Twitter: https://twitter.com/Force_Protocol
▲Reddit: https://www.reddit.com/r/The_Force_Protocol/
▲Github: https://github.com/thefortube
▲knowledge library of ForTube platform: https://docs.for.tube/
