The ways of using ROOBEE and bROOBEE on BNB Chain.
21 Jun 2022, 12:42
📝 The ways of using ROOBEE and bROOBEE on BNB Chain
ROOBEE and bROOBEE holders can use their tokens on the BNB Chain network: stake them, earn rewards by providing liquidity, and participate in Roobee DAO voting rounds. In this post, we'll briefly touch on each of these options 🤗
BANANA token farming for ROOBEE-BNB liquidity providers
Users who have provided ROOBEE-BNB liquidity on ApeSwap earn $BANANA tokens as a reward. At this moment, the reward rate is 121% APY.
To start farming BANANA tokens, you'll need to take a few simple steps:
1. Transfer your ROOBEE to BNB Chain (in case your ROOBEE tokens are on the Ethereum network)
2. Add BNB-ROOBEE liquidity to farm BANANA [Link]
3. Add the LP tokens you've received to the BANANA farm [Link]
You can also complete the above actions via the 'Farm' section of Roobee.finance.
If you have bROOBEE tokens on BNB Chain, you can exchange them for ROOBEE tokens (1:1) at this link.
bROOBEE staking
If you prefer the good old staking over liquidity pools, you can stake your bROOBEE on dao.roobee.finance! As of now, the reward is 6% APR.
Voting rounds on Roobee DAO
All users who stake bROOBEE on dao.roobee.finance can also participate in governance voting rounds.
We are working on several updates that will expand the ways our users can use their ROOBEE tokens on Roobee.finance. Follow our news!