So far there is 2.4 Million Blurt on the Robiniaswap.com Dex, not too bad. The returns are still high enough to warrant parking some Blurt there, here's how.
Use Metamask, BSC Chain Wallet extension sucks!
So after some testing, I found that Metamask works better and fixes some of the swap issues on Pancakeswap, if you are using BSC Wallet, what you want to do is:
Add Binance network to Metamask with this tutorial:
Export your wallet private key from Binance Smart Chain wallet and import it into Metamask.
Add the necessary assets listed in the footer of this post
Earn or Purchase Blurt and bridge it to Robiniaswap
You can get Blurt in a few ways, you can earn it by blogging and curating and powering down to make it liquid, but that will take 14 days to materialise so may not be optimal.
Blurt is quite cheap still, so you can still purchase relatively a lot of it, check which exchange has the cheapest Blurt, activity on Probit however helps us rank on Coingecko.
Collect 30 000 Blurt, which is the minimum to bridge and check the instructions to send to robiniaswap.com on my last post:
Note 2% fee will be charged.
Pool or Farm Blurt
On Robiniaswap you can put up 50% in BNB and add to your BBLURT-BNB liquidity farm or you can simply take the BBLURT and add it to the mono pool, simply hit the
Note: 4% deposit fee will be charged so you will want to cover that before withdrawing in full.
Harvest RBS tokens
On the homepage you are going to click the
Harvest All button, note that on BSC each transaction costs about 0.5 USD, you can see the number (3) here which means three harvest transactions which will cost around $1.50, so it probably pays to wait until you have $15 or more to harvest.
Swap to BBLURT
Click on the
Exchange menu of Robiniaswap.com, this will take you to Pancakeswap and set up your swap like the screenshot below, you may need to add the contract address of BBLURT to Pancakeswap if you haven't already.
Repeat adding BBLURT to your Pool or Farm
Once you have your BBLURT you can now add it back to your farm or mono pool and compound your rewards.
Summary of Robiniaswap
All up with bridging fees, deposit(s) and swap fees you will pay around 7% to 8% in fees on your original stake. so to calc how many days you need to remain invested is as follows, say a pool earns you 800% APR, divide that by 365 to get a daily earn of 2,19% which means you will breakeven after 4 days.
If you got in on the day of launch you would have broken even in a few hours, but obviously, the returns are diminishing as more capital (TVL) is being added to the pool and returns being spread across the stake.
At some point, APR will taper off and remain constant, maybe around 150% to 200% APR if I had to guess, which is still better than what you might earn on-chain.
So it's a great idea to earn Blurt and invest into the farms and then bring it back as Blurt Power later. Be careful to only risk what you can afford, the DEX could get exploited or hacked and everything lost.
Overall this was a great collaboration, very bullish for Blurt, not only do our users now have a bridge to invest in other BSC tokens but the BLURT price activity has been quite nice, if you look at poocoin.app you will see BBLURT is up from the pre-listing price of 0.003 to 0.004 USD, up to 0.007 USD and settled around 0.0056 USD at the time of writing.
Each time you swap RBS or any other asset to BBLURT you can see the green candle spike a bit as per the screenshot, it is very satisfying.
Please enjoy and take care! Happy Blurting!
Please note this is not financial advice, DYOR - Do Your Own Research! Smart Contract platforms can be risky, bugs or hacks can lose your funds, don't farm with more than you can afford to lose.
Summary of Contract Addresses to add to wallet
BBLURT-BNB LP Tokens
Check out the BBLURT marketcap and stats on BSC
View the BBLURT-BNB Pool Stats on Pancakeswap
Check out this APR to APY calculator to see the positive effects of regular compounding.