Creating a farm

Guide

First, you have to locate our Farms, to do that open the dropdown menu next to our logo in our UI and select "Farms". You can also use this link.

Once you are on our farms page select "Create" button, highlighted in red on the image below.

After selecting "Create" button you will be taken to the manage page. Select "New Staking Pool" button to proceed.

You will be taken to the staking pool creation page. First select the chain you want to create your pool on and the address of the token that you want your community to stake.

Next, you can set a minimum staking period. You can set it in seconds, minutes, hours, days, weeks, months or even years. Another customizable thing is minimum staking amount and maximum staking amount. Note: If you set "Max stake amount" to max_value, there will be no limit.

You can create a fee for a stake modification, although it is optional. It can be charged in the blockchain's native token or any other token you want (on the same chain).

Another optional, yet very useful setting is a custom time boost. It basically incentivizes users for locking their tokens for a specific period of time.

Last thing is choosing your operation country. Before proceeding, please double-check all the settings. Once created staking pool cannot be removed. UNCX Network is a decentralized platform and will not fix your staking pool for you.

Exclude Staking Pool from taxes

To ensure stakers are not taxed upon staking their tokens as well as when harvesting their rewards, please consider whitelisting the staking and rewards pools from your contract after creation.

Note: This only applies to single-side token staking, i.e. not for LP tokens

Why whitelisting?

This ensures stakers will not be taxed upon staking.

Steps for whitelisting your staking pool

• Create the staking pool as per our documentation above

• Get the address of the staking pool you have just created (this can be found in the URL)

• Whitelist the address of the staking pool from your token contract