Comment on page
🏫
Instructions
Basic instructions for using Minotaur Money
Step-by-Step Staking Tutorial Video
Welcome to Minotaur Money! This document provides instructions on how to participate in Minotaur Money staking and outside bonus staking on Mad Meerkat Finance! Our full staking program comprises a synergistic cycle!
To enjoy the full benefits of these staking opportunities, take the following steps:
To interact with Minotaur Money, you need to setup your browser's Metamask plugin for the Cronos Network. To do so, open your Metamask extension and open the Networks dropdown. Then, at the bottom, click "Add network":
Use the following information to add Cronos Network to Metamask:
- Network name: Cronos
- RPC URL: https://rpc.nebkas.ro/
- Chain ID: 25
- Currency symbol: CRO
- Block explorer: https://cronoscan.com/
To participate in Minotaur Money, you will also need funds in your Cronos Network wallet! The gas currency of Cronos is CRO, and you can swap or bond for MINO using a variety of payment tokens.
You can withdraw both CRO and other payment tokens to Cronos using the crypto.com exchange.
Evo DeFi allows you to bridge tokens from other blockchains (BSC, Polygon, Fantom, etc.) to Cronos. They have been sending 2 CRO to anyone who bridges, so you can get yourself set up with just a single bridge transaction if you use the initial 2 CRO to swap for more CRO at mm.finance.
To participate in MINO staking or purchase a bond for MINO LP tokens, you first need to obtain spot MINO tokens:
- In the "From" field, enter any currency you'd like to swap
- In the "To" field, search for address 0x3A1138075bd97a33F23A87824b811146FA44288E and import MINO token
- To buy MINO tokens, you can also navigate straight to: https://mm.finance/swap?outputCurrency=0x3A1138075bd97a33F23A87824b811146FA44288E
- Carry out a swap for MINO tokens using CRO as gas currency
Don't buy fake tokens! We are whitelisted, so make sure the Minotaur token appears when you trade on MMF!
Note: Do not form MINO LP tokens directly on MMF! Use the liquidity helper on our website to avoid transaction tax!
Minotaur Money does not have LP staking, but if you would like to purchase a bond with LP tokens, you must first form the LP tokens using the liquidity helper on our website:
Make sure that you use the liquidity helper instead of forming LP tokens directly on the exchange website, as sending MINO tokens to LP pairs is taxed by default, and the liquidity helper avoids the transaction tax.
A series of expandable bars appears on the liquidity helper page:
After you have approved both tokens, enter the amount of one token to add, and the corresponding value of the other token should fill in. Then, click "Add liquidity" to form LP tokens!
Bonding (or Minting, as it is otherwise known) allows you to purchase MINO tokens at the rates displayed on the left column of our website. Tokens purchased this way are released to the user at a constant rate for 5 days (aka Vesting).
First, select the bond you wish to purchase from the "Mint discounts" column:
Then, once you have the token you wish to use for bonding in your wallet (following the instructions above for LP tokens), click that bond's entry in the left column to proceed.
On the Mint tab, Approve the token and then enter the amount you wish to spend. The amount of MINO you will get appears below. Click the blue button to mint MINO and begin your 5-day vesting period.
On the Redeem tab, you can either Claim or Claim and Autostake. Bonded MINO tokens become available at a constant rate for 5 days. Claim moves the claimable tokens to your wallet, and Claim and Autostake stakes the claimable tokens in the MINO single staking pool.
MINO single staking is required to earn rebase rewards. TO access MINO staking, click the "Stake" link in the left column.
To stake, approve MINO tokens, then enter the amount you want to stake and press the light blue button. This immediately gives the user sMINO tokens as a receipt.
To unstake, approve sMINO tokens, then enter the amount you want to unstake and press the light blue button. This gives the user back MINO tokens for the sMINO on a 1:1 basis.
Harvesting is not necessary, as new sMINO tokens are distributed automatically to sMINO token holders when rebases occur.
In order to stake sMINO on the MMF platform, it needs to be wrapped. This is because MINO rebase rewards are distributed directly to the address that holds sMINO.
Wrapped sMINO (wsMINO) maintains the rebase rewards during the time it is wrapped: when unwrapped, it yields an increasing number of sMINO tokens per wsMINO over time. Access the sMINO wrapping interface by clicking the "Wrap" link on the left side of our website:
Once wrapped, wsMINO tokens can be staked at mm.finance to earn MMF tokens as bonus yield. You retain your rebase rewards by holding wsMINO, so you get both the rebase rewards and the bonus yield!
Enable the farm, then stake wsMINO tokens.
When you would like to harvest, click "Harvest."
MMF tokens earned by staking MINO can also be staked at mm.finance to earn MINO tokens as bonus yields.
Enable the farm as above, then stake MMF tokens. When you would like to harvest, click "Harvest."
Last modified 1yr ago