PART 1 — Yield Farming -Kovan Testnet

UNCX Network
5 min readOct 31, 2020

The time has finally come to test the ERC20 farming application we have been working on. We are super excited to see how this gets used by other tokens and think it will be a great addition to the space, allowing you to track all your farms on one platform that works great on mobile, with multiple wallet connections and an easy interface. This platform will allow virtually any erc20 token to be farmed all from within one platform, in the same way as uniswap allows all tokens to be traded on it. For now however, it is worth noting we are not supporting rebasing tokens and certain types of fee on transaction tokens (fee to receiver).

WARNING: this is a Testnet release only. Do not interact with contracts (signing transactions from within the app) if your wallet is connected to main net.

While we await the completion of the audits on our contracts now is a great time to test the UX/UI of the dApp and for other tokens to see how to easily launch farms from the UNCX yield farming application.

In PART 1 - I will explain how to farm. Remember this is only on Kovan. DO NOT sign any transaction when your wallets are connected to Mainnet on these dApps, you could lose your wallets funds sending requests to random contracts. Kovan only.

First thing you need before you can do anything is get Kovan ETH. You can do so at the following link with a twitter or github account.

https://gitter.im/kovan-testnet/faucet

Once signed in enter your ethereum wallet address into the chat and within a few minutes you will get 1 — 4 ETH.

Once you have some kovan eth, you can continue.

Here is the Kovan test dapp link:

https://kovan-farm.unicrypt.network/

This is the first page you will see upon opening the farming application and where all the farms will be listed. On the bottom row of each card you can see the number of farmers in the pool, the block reward and some information on when a farm may start, end or on the bonus farming period.

Expanding a farm card will show you more information on that farm such as the contracts for the tokens, the farm contract address, farming information such as the block reward, start and end blocks, bonus period, number of farmers and so on.

On the stake page you will see you cant stake yet as you have no univ2 liquidity tokens. This is a bit of a pain to get on uniswap on testnets so we made a faucet where you can get both lp tokens and normal tokens to launch farms.

To get to the faucet you can use the ‘links’ button and select ‘Kovan Faucet’.

On the faucet request whichever tokens your heart desires. Your welcome!

Your most likely going to want to request at the very least the UNCX-WETH lp tokens as this is what you farm with.

You can request 1 lp token at a time and 10k of the other three normal tokens at a time (UNCX, LIQUID, fake WETH).

Your also welcome to launch your own kovan tokens and pairs on uniswap and test them on the dApp, this faucet can just simplify certain parts of testing. If you only aim to test how to create a farm, request some token such as LIQUID, and then use the 10k tokens you receive to launch a farm.

You can head back to the kovan farm dapp once you have some tokens.

Now that you have UNCX-WETH univ2 tokens you can farm on any of the UNCX-WETH pairs. The interface is very similar to most farming dApps and should make sense. You can stake, withdraw your stake, and harvest.

For now there will be multiple UNCX-WETH pairs just to simplify testing so that developers don't have to keep launching uniswap pairs on kovan. In real life there is not likely to be more than one farm per univ2 pair — but it is possible if a token developer would like to launch an additional farm.

The ‘Accounts’ page will always bring up all farms you are active in to make managing things easier. If you are active in a farm you will see a green sprout icon along with your unharvested rewards (0.0048).

The ‘Tokens’ page shows all farmable tokens within the ecosystem. Click on a row to expand it, revealing useful links, the most useful of which is ‘View farms’. Clicking this will take you back to the “farms” page and limit all farms to only those yielding that token (in this case UNCX).

So now you know how to farm, how to search for tokens and farms and how to navigate the dApp. In the next article, I will explain to token developers how to launch farms on the platform.

PART II, being written.

Mark UNCX

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UNCX Network

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