POSITION EXCHANGE FARMS
What’s Under The Hood Series
Position Exchange is a Decentralized Trading Protocol operating on Binance Smart Chain (BSC), that enables traders, liquidity providers and developers to participate in an open financial market with no barriers to entry. No authorization is required to use the open source Position Exchange protocol.
The Next-Gen Decentralized Trading Protocol
with its own Ecosystem.
Farm, Stake with high yield, Cast, Buy and Sell NFTs, Bonds, Participate in Governance and Trade on-chain Derivatives.
FARMING ON POSITION EXCHANGE
Yield Farms allow users to earn POSI while supporting Position Exchange by staking LP Tokens.
Benefits of Farming in Position Exchange
Quick Withdrawal. Immediately start earning on your Staked Crypto. Stake & Cancel anytime.
Permissionless. No authorization or documents needed to start staking. Unlock your wallet and Stake!
No Fees. We do not charge any fees for Staking and Withdrawing.
High Return. Receive high yield on staking, up to 225.62%.
Easy earning. Make your crypto work hard for you and generate passive income.
Safety. The process is completely decentralized and the assets are protected by smart contracts.
How does staking work?
Staking means locking up (freezing) crypto coins for a period of time in order to help maintain the functioning of a blockchain. The staker receives regular rewards for the services rendered to the network. Several stakeable coins will be available in the future, each with its own reward rate and conditions.
How do I start staking?
Choose your pool in the Pools section. Unlock your wallet. Enter the amount you'd like to stake. Click on Stake. Your stake will be activated immediately.
How much can I expect to earn?
The annual yield rate is calculated based on several criteria such the amount of token stacked, the number the stakers and the amount of generated tokeni per blocks. The APY will be displayed with pool Information.
Can I trade with funds I've staked?
You cannot use your staked funds, but you can trade with the rest of the funds on your balance. If you want to trade with staked funds, you need to first withdraw them from staking. There is a 1-day locking period to wait before the coins can be transferred back to your balance.
Does Position Exchange take any commission?
No. You will receive Income at the specified rate with no extra charges or hidden fees.
How often do I get a reward?
Profits are accrued daily. The daily rewards will be automatically added to your balance. You can use them right away for trading or withdraw them from the exchange. You can track the payout history in the Deposit Details section.
What is the minimum amount I can stake?
There is no minimum amount for staking, Stakers can
deposit any amount into the pool.
How can I withdraw my staking?
Find the stake you want to withdraw in your Deposits list Click on "Unstake". Confirm the withdrawal and the funds will be returned to your balance immediately.
Safe and Fully Audited
Decentralized projects are known for best security. Position Exchange is 100% decentralized.
All the Position Exchange features in whole and contracts in detail are audited by Certik.
Not only are the contracts audited but we have a partnership with auditing and security agencies.
During Testnet, Bounty programs will be in place.
In our DTP your money never leaves your wallet, the safest in DeFi.
Next week’s Under the hood article will be about Nft’s.