Our $NOS Farm opens on Raydium Thursday, November 16th, at 17:00 UTC. This means users can provide liquidity to the trading pair in return for incentives.
What is a $NOS Rewards Farm on Raydium?
Farms allow liquidity providers to earn tokens for providing liquidity in addition to trading fees. Are you ready to expand your $NOS stack? Let’s get started!
Nosana’s Rewards Farm:
50,000 $NOS for a 50-day period
How to Stake in the NOS-USDC Ecosystem Pool?
- Go to https://raydium.io/farms/?tab=Ecosystem&farmid=13dsYRhzpfKiH1mi6UXsJZzKiRwm4ad1SxYBezMLAGqd and connect your wallet.
- Click the NOS-USDC Pair to open its drop-down section, then click on the pair link to add liquidity (highlighted in green below). Raydium provides a detailed guide to help you understand how to add liquidity. Once you have completed the steps to add liquidity, return to the Ecosystem section and find the pair again.
- Once you have added liquidity and have Liquidity Pool (LP tokens) in your wallet, click ‘Stake LP’ in the NOS-USDC drop-down section to start farming. If you are stuck, you can reference this guide, which explains adding liquidity and obtaining LP tokens.
- Enter the amount you wish to stake or select ‘MAX’ to stake all LP tokens. Then click ‘Confirm
- Make sure you approve the transaction in your wallet; you will need some Solana tokens in your wallet for any fees.
- After the transaction is confirmed, you should be staked and now earning $NOS on our farm by providing liquidity to the pool!
Please be aware of impermanent loss and what that means.
Pro tip: Read Binance’s explanation of impermanent loss before taking part in the NOS Rewards Pool on Raydium.
That’s it. You should be able to receive $NOS Rewards from Raydium’s Ecosystem Farm if you follow the steps in this article.
Who’s in the pool?
Let us know if you’ve made a splash in the liquidity pool in the comments section below. Join our Telegram or Discord server to stay up-to-date on our latest developments and news updates.
About Nosana
Nosana is an open-source cloud computing marketplace dedicated to AI inference. Their mission is simple: make GPU computing more accessible at a fraction of the cost. The platform has two main goals: providing AI users with flexible GPU access and allowing GPU owners to earn passive income by renting out their hardware.
By offering affordable GPU power, Nosana enables AI users to train and deploy models faster without expensive hardware investments, all powered by the $NOS token. Access compute for a fraction of the cost or become a compute supplier at Nosana.io.
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