MSCP-MOVR farm on Solarbeam is offering 200%+ APR
What is MSCP? What is CWS? How to participate and more...
Disclosure: Members of our team are participating in the following farms. This statement is intended to disclose any conflict of interest and should not be misconstrued as a recommendation to purchase any token or participate in any farms. This content is for informational purposes only and you should not make decisions based solely on it. This is not investment advice. Please exercise extreme caution if you intend to participate in these opportunities.
Note: The yield mentioned in this article may consist of both native & protocol rewards. Yield breakdowns can be found in the protocol dashboard.
Table of contents
What are the tokens?
CWS
MSCP
MOVR
SOLAR
How to participate in the farm?
What are the tokens?
CWS
Crowns (CWS) are the official token of the Seascape Network. They reward users for time spent playing games on the Seascape platform. Seascape is an innovative protocol designed for game developers. Read the Seascape Lightpaper to know more.
MSCP
MSCP is the official token of Moonscape. Moonscape will be the first game on Moonriver. In it players explore a futuristic moon, using DeFi features to enhance their cities while earning rewards for their time spent in-game. From Moonscape’s site -
Moonscape is a resource strategy management DeFi game that takes place on a futuristic moon. Players scramble for limited resources to develop their burgeoning cities. In the quest for domination, players can plunder rival cities and collaborate with friendly ones. City-building uses tried-and-tested DeFi mechanics, some employing the use of NFTs. Rovers and entire cities can also be turned into NFTs and traded and sold on the open market as well.
MSCP will be used in the game to obtain the premium resource MoonDust. This magical material will bring great incentives to the purchasing player.
Moonscape used Seascape’s IDO platform Lighthouse to raise support for their upcoming game.
MOVR
MOVR is Moonriver’s native cryptocurrency. It is used for paying transaction fees, supporting smart contract execution, incentivizing collators for producing blocks to support the network, and facilitating Moonriver’s on-chain governance mechanism.
SOLAR
SOLAR is the governance token of Solarbeam, the leading DEX on Moonriver by volume. 70% of all newly minted SOLAR is distributed among Liquidity Providers to incentivize them to stake their LP tokens.
How to participate in the farm?
Go to the add liquidity page on Solarbeam and make sure the MSCP-MOVR pair is selected.
Deposit MSCP and MOVR in a 50/50 proportion, then confirm. You may need to approve MOVR or MSCP or both if you have never used it on Solarbeam.
NOTE: You can swap your tokens for MSCP and MOVR using https://app.solarbeam.io/exchange/swap
Now, to farm SOLAR, MSCP and CWS, go to https://app.solarbeam.io/farm.
Select the MSCP/MOVR pool and enter the amount of LP tokens you want to stake. Then click Approve & Stake.
🎉 Congratulations! You have successfully staked your MSCP-MOVR LP tokens on Solarbeam.
Go to My farms to see your farms. You can see your holdings and pending rewards on the sidebar to the left.
NOTE: Please exercise extreme caution if you intend to participate in these opportunities. Happy farming!
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