The DeFi Revolution Is Only One Click Away
In late September 2020, the team at Opes.Finance (the team behind wPE) released “Beast Mode” to the world. Things haven’t been quite the same since.
The Setup
In a “normal” yielding and staking arrangement, one would expect to yield a token-based upon their percentage makeup of the staking pool multiplied by the token’s yield algorithm.
In a simple example — and in no way representing the BEES.Social yield algorithm — one would see a staking pool consisting of two players, one with 15% of the pool and one with 85% of the pool.
As expected, the participant supplying 85% of the stake…
Efficiently Budgeting for Gas Fees and Beast Mode to Start
Psst. If you aren’t using BEES.Social to run Uniswap token swaps and add capital to Uniswap liquidity pools; not only are you in the slow lane — you’re also paying more.
If you’re reading this, we assume you’ve read the 1-step guide but want a little more. A “little more” covers two areas: Ethereum Gas Fee estimates for the initial transaction and the estimated cost (including Ethereum Gas Fees) for your first “Beast Mode.”
If you don’t know what an amazing thing “Beast Mode” can be for your capital on BEES.Social, read the guide we’ve linked to help make sense…
Quick Refresh Tip
It has come to our attention that after some people confirm their transaction on Metamask, when they look inside the Missions “Hive” they don't see the capital they've staked. There are two methods to resolve this, “Hive Navigation,” and the “Hard Refresh.”
Hive Navigation Method
In this case, one need only to mouse over the “sidebar” at the left-hand side of the page (under the BEES.Social icon) and select “Hives” (bringing you up a level).
Tips on Placing Capital in the ETH-wPE LP when you just have USDC
In order to deal with USDC with regards to the wPE/ETH Liquidity Pool (LP) one would need to understand where the person looking to place capital stood from the perspective of where their funds were. Specifically, are the funds in Coinbase, Coinbase Pro, or Metamask?
Just in Coinbase or Coinbase Pro?
If the funds are in Coinbase the work is almost easy. For about 63% premium over the method we will mention next, one could just trade their USDC to Ethereum and then transfer it into their Metamask wallet. …
A Quick Guide & Update
UPDATE: THIS LONG PROCESS IS NO LONGER NEEDED
Please use the 1-Step Staking Guide instead!
When you come to place capital in a Hive on BEES.Social, most Hives have a one-step method in which one can add liquidity and stake their liquidity pool (LP) tokens. All except for the ETH-WPE Liquidity Pool.
When you select “Add Liquidity” instead of instructions as in this case (link) you are presented with this screen. I know — WHAAAT?
But we have an answer to this challenge.
A Step by Step Guide to Staking within Your Metamask Wallet on iOS
Assumption
This guide assumes that you have funded your Metamask wallet with enough of one of the following ERC-20 tokens, Ethereum, USD, USDC, USDT, or wPE to provide liquidity. You should plan on having enough for your capital placement as well as the Ethereum gas fees.
Start
Etherum First, open Your Metamask Wallet on your phone,
Next, Select the “hamburger” the three lines at the top left of the screen
This Is What Your Friends Really Want for You
As you may or may not know, BEES.Social is the largest crypto community on the planet. It's where people learn from people and grow their capital.
There is no requirement to contribute capital — but if you do it's in your name, from your wallet, into your account, in a publicly tradeable exchange. No one from BEES.Social will ever ask you to send them your capital. Ever.
Absolute Beginner
If you’ve never participated in the world of cryptocurrency, then you’re in luck, this is a step-by-step guide to help you onboard into BEES.Social. …
1-Pass Staking Using the Full BEES.Social UI on Desktop
There is a new way to stake capital in the BEES.Social LP “Hives” and this step-by-step guide aims to tell you how — with a whole lot of help from the BEES.Social development and design staff.
The process — at a high level involves adding liquidity to a Uniswap Liquidity Pool (“LP”) and staking UNI V2 token unique to that LP into a BEES.Social Seedz Pool.
“We had to figure out how to do this for dozens of projects and to do it in a way that made sense and we weren’t convinced that the Uniswap UI was the best…
You inspired me - I used a few points in a presentation and the audience ate it up. This is a super critical thing!
Your very own live-streamed crowd-voting version of “Shark Tank” and “American Idol” where you can win.
If you want to allocate your Seedz capital to a potential cryptocurrency project on BEES.Social, this is for you. If you want to be one of those projects, make your way over to BEES.Social and fill out an application there.
Now that we know this is where you want to be — let's get down to business.
If you don’t know what a “cryptocurrency project” is here is one author’s definition of it. …
Vince Wicker
Dad, husband, consultant, disruptor — huge fan of smart solutions to hard problems, supply chain awesomeness & blockchain efficiency
