Single Pools

Single Token Pools

Single Token Pools, offer users a simplified and user-friendly way to participate in liquidity provision and staking within PunkSwap's ecosystem. Unlike traditional liquidity pools, where users are required to stake both sides of a trading pair (LP tokens representing two different cryptocurrencies), Single Token Pools allow users to stake a single token without the need for LP tokens, to receive PUNK (or other) tokens.

How to stake your (PUNK) Tokens

1. Go to https://app.punkswap.exchange/pools/

2. Enable the Smart contract to be able to stake PUNK tokens

1. As soon as the contract is active, the button changes and looks like this:

1. now press "Stake PUNK" to stake your PUNK tokens and select the amount of PUNK you want to add to this pool for staking. If you want to add all PUNK tokens instead, press the "MAX" button.

1. Now confirm the amount.

1. Voila, your PUNK tokens are staked successfully.

Lock Timer

Every Farm and Pool has a lock timer. Once you have deposited your LP tokens, the LP tokens can only be withdrawn once the "Locked Until" timer has expired and is at 00:00:00:00.

the lock has been lifted and the LP tokens can be withdrawn again.

As soon as LP tokens are added again for the respective farm, the timer is activated again and the time starts running from the beginning.

As long as the lock timer has not expired, you cannot press the minus button. Only the plus button works.

Deposit and Withdrawal Fee

Most farms and pools have a deposit fee, but very few have a withdrawal fee. As soon as you deposit your LP tokens, a minimum fee is due. This fee is deducted automatically. These fees will mainly be used for further developments and thus directly support the expansion and the value of the PUNK token.