Farming feature on ONUS app

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The Farming feature will provide you with programs (Pool) to stake reward assets with different durations and reward rates. This is a program that allows you to deposit assets (stake) you own to receive free tokens. The number of bonus tokens that can be collected per day will depend on the number of assets registered to the pool.

Meaning of the parameters

  • Deposit assets – Received assets: You deposit into the pool one type of asset and will be rewarded with another asset
  • Time: During the pool period, you will receive interest, and the amount of staked assets will also be locked and reopened at the end of the pool
  • Pool end date
  • Pool Size: The maximum amount of assets allowed to be loaded into the pool
  • Total assets in Pool: The amount of assets you have loaded into the pool up to now
  • You Stake: Amount of assets deposited in the pool
  • Reward ratio: Deposit and reward ratio, each pool will have different rates corresponding to the time and minimum number of participants
  • Unlock rate: The percentage of rewards withdrawn after each reward
  • Compensation cycle: Normally, ONUS pools will pay rewards to customers daily, but this cycle can also vary from pool to pool.
  • Reward Received: As of now
  • Expected reward: Received after pool end
  • Minimum number to join Pool

Farming Guide

1. At the main screen, select Farming  under Applications

2. Find Farming pool according to need

Here, there will be pools with different send-receive assets, participation time and reward ratio. Click on each pool to learn more details and specific parameters.

3. Click Submit to participate

4. Enter the amount you want to participate in Farming, the system will automatically display the following information:

  • Total assets in Pool
  • You are Staking
  • Reward ratio
  • Expected reward
  • Minimum quantity
  • Available balances

5. Click Deposit to join Farming

Farming bonus draw

When participating in Farming, users will receive cyclical (usually daily) rewards. This bonus can be withdrawn by the participant as soon as it is received.

Steps execution withdrawal

1. At the main screen, select Farming  under Applications

2. Select the avatar icon (upper left corner) to see the Farming pools that have joined

3. Select the pool you want to withdraw and see details

4. Select Withdraw Bonus and enter the amount of bonus you want to withdraw.

(Press Max if you want to withdraw all)

5. Click Receive to confirm the transaction

Unstake Farming

Farming participants can unstake (withdraw) digital assets from the pool before the Farming period has expired, instead of having to wait until the assets are unlocked on the pool end date. This feature is applied to some Farming pools announced on  official channels of ONUS.

Steps to withdraw (unstake) assets

1. At the main screen, select  Farming  under Applications.

2. Select the avatar icon (upper left corner) to see the Farming pools that have joined

3. Select the pool you want to withdraw (unstake)

4. Select Withdraw assets/token and enter the amount to withdraw

After entering the amount to withdraw, the system will automatically display the withdrawal fee (1.5%) and the actual amount of tokens received

5. Press Withdraw to confirm