600,000 ALN will be distributed via 2 new pools over 12 weeks starting on 17th June 2021, 12PM UTC. This includes an ALN single-asset staking pool, and a liquidity mining pool for Uniswap V2 ALN/ETH LP tokens.
The ALN/USDC and ALN/USDT liquidity pools on Uniswap V2 will be discontinued to concentrate liquidity in the ALN/ETH pair.
If you are staking in the old pools, you will need to unstake and claim your rewards from the old contract, before you can stake them in the new contract.
Aluna Farm: Wave 3 Pools x2
600,000 ALN will be distributed via two new ALN farming pools:
- 100,000 ALN is allocated to the ALN token single-asset staking pool
- 500,000 ALN is allocated to the Uniswap V2 ALN/ETH LP token liquidity mining pool
- Start Time: 17th June 2021, 12PM UTC
- End Time: 9th September 2021, 12 PM UTC
- Duration: 12 weeks
Do NOT send any tokens directly to the pool address, they will be lost forever. You MUST use the Stake function, or use the UI to stake them.
Staking is NOT available until the Start Time of each pool stated above.
Aluna Farm: How to Participate
For liquidity mining, you first need to add liquidity to the ALN/ETH pool on Uniswap V2. This means adding an equal dollar amount of $ALN and $ETH to the Uniswap Automated Market Maker (AMM) protocol as liquidity. You will receive a Uniswap V2 ALN/ETH Liquidity Provider (LP) token in return.
To participate in any of the pools, stake your LP tokens or ALN on the Aluna Farm with the following steps:
1. Navigate to https://aluna.social/farm on your PC/Laptop
2. Click “UNLOCK WALLET” at the bottom and select your web3 wallet
3. Click “Stake” at the right side of your selected pool
4. You should see your “ALN” or “ALN-ETH-LP Balance”. Click “Approve”.
5. Once confirmed. Click “Stake”
Once your stake is approved and your deposit confirmed, you will start earning ALN immediately as long as the pool is active, and you can unstake at any time.
ALN rewards are allocated every minute based on the proportion of your staked tokens against the total staked tokens in the same pool.