How to Stake GamyFi $GFX and mint USDO on OpenDao protocol
GamyFi is a blockchain based E-sport and gaming platform that incentivizes gamers and sport enthusiast with exciting rewards and NFTs for their skills and knowledge.
$GFX is the native token of the GamyFi Platform and is used as an in-game currency.
Open Dao serves as a bridge where real world assets and DeFi can be used.
With OpenDao, real world assets such as real estate, bonds and stocks are used in the DeFi space through an automated, transparent and secure protocol.
The protocol allows on and off chain collaterals to be used for minting stablecoins thereby enhancing the tokens reliability.
GamyFi has partnered with Open Dao Protocol so you can now farm it’s native token $GFX and mint USDO. By farming GFX/USDO you can earn over 4.5 billion % APR through autocompounding.
To start farming:
- Go-to https:steaks.ocp.finance/#/bsc
- Connect wallet
3. Enable $GFX staking
4. Stake your $GFX
5. To Mint USDO, turn on the toggle button to ensure your staked token is available as collateral.
6. Mint USDO by selecting the amount you will like to mint.
For more details, visit: