Dark Knight — the preeminent decentralized exchange (DEX) on the Fantom Opera (FTM) network, built for reliable and sustainable returns and delivering the highest quality decentralized finance (DeFi) experience.
Description of Dark Knight dapp and $DKNIGHT token
In the project ecosystem, you can trade, discover NFTs, earn income and explore the world of FTM with the help of strategic partnership tokens. Wolf Den, one of the main partners, is dedicated to educating and helping investors to navigate the crypto space safely. You will see many articles and YouTube videos from them that the team uses to help investors not only to stay informed, but also to share how their members have been able to create life-changing wealth, using the various tools, found in the coin defi ecosystem.
What is the $DKNIGHT token for:
1 | The $DKNIGHT token is the native currency of Dark Knight's DEX. |
2 | It is required to participate in most of the platform's offers. |
3 | You can stake your $DKNIGHT on the “Pools” or “Raids” page by clicking on the small "+" sign after the contract is approved, select the amount you want to stake and confirm. |
Staking means using $DKNIGHT to get more $DKNIGHT tokens in pools or a partner token in raids. In order to farm, you need to add liquidity to the liquidity pool (under the liquidity tab) in the relevant pairs, shown on the “Farms” page. Once you do this, you will be provided with a Liquidity Pair (LP) token that you can deposit into the farm to start earning $DKNIGHT tokens.
How to start defi farming?
In order to farm, you need to provide liquidity to one of the liquidity pools that you can find on the “Farms” page. Once you add liquidity to the liquidity pool, you will receive a liquidity pool token, commonly referred to as LP tokens. After providing liquidity and receiving dKnight LP tokens, select the liquidity pool you have joined on the “Farms” page. Confirm the contract and click the small "+" sign, select the amount you want to wager and confirm.
Ability to trade 2 cryptocurrencies of your choice at any time with low fees and securely from other investors through automated liquidity pools. This is what you can expect from DARK KNIGHT. When you exchange (trade) on the crypto exchange, you will pay a trading fee of 0.2%. Of this trading fee, 0.17% goes back to liquidity pools as a reward for liquidity providers, while 0.03% goes to DARK KNIGHT's treasury. Conversely, when you provide liquidity, you earn this commission.