Coreto & BonFi Dual-Yield Staking pool launches on December 2nd
As we previously announced, our new partnership with BonFi kicks off by opening a Dual-Yield Staking Pool Program on the BSC Network.
This new DeFi offering is an exciting way to put your tokens to work, generating rewards in both $COR and $BNF. It also brings the Coreto and BonFi communities together in their pursuit of expanding token utility for mutual benefit.
Yield farming is a way of earning interest on your cryptocurrency, similar to how you’d earn interest on any money in your savings account. And similarly to depositing money in a bank, yield farming involves locking up your cryptocurrency, called “staking,” for a period of time in exchange for interest or other rewards, such as more cryptocurrency.
In our case, locking your $COR and/or $BNF tokens in the Multi-Yield staking pool, will bring you rewards in both $BNF and $COR tokens, hence diversifying your crypto portfolio.
BNF-COR Dual-Yield Pool Launch Details
The BNF-COR Multi-Yield Pool will publicly launch on December 2 with the following configuration:
Fixed staking duration: 30 days
APY payout ratio: 50% COR, 50% BNF
Total pool size: 50,000,000 $BNF and 6,500,000 $COR
Maximum staking amount per participant: 2,000,000 $BNF and 261,000 $COR
Blockchain: BSC — BEP20
Multi Yield Staking Guide: Coreto x BonFi – Dual Yield Staking Guide.
Token Contract Addresses
- $BNF — BEP20:
- $COR — BEP20:
If you don’t have $COR on the Binance Smart Chain Network, here is the necessary information:
Trading pair link: Link.
COR Token BSC Contract: 0xa4b6573c9ae09d81e4d1360e6402b81f52557098
BscScan link: https://bscscan.com/address/0xa4b6573c9ae…
DexTools Trading pair: COR/BNB
BonFi is a multilayered open finance liquidity mining service platform complemented by the AI-powered BonVest, a professional cryptocurrency liquidity mining solution. It expands the DeFi financial product offering by combining smart contract staking and a managed cryptocurrency liquidity pool to achieve sustainable benefits for users.
BonFi Official Website
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