https://ift.tt/o4Lb9YA Finance – The Growth Strategy

The article explains how to take advantage of the Genesis Pools where you will farm SCT tokens for an extremely low 1% deposit fee. After obtaining your SCT tokens, you can bond them into TRP tokens. The bonding of SCT to get TRP tokens will only be launched approximately a week after the Farmacy launch.

Before we start, you will need to understand the two type of tokens that we will be referring to in this article:

1. SCT tokens — aims to maintain the peg with 0.01BNB token.
2. Gold Pill (PShare) — A measure of the value of the Farmacy Finance Protocol and shareholder trust in its ability to maintain SCT close to peg.

For the sake of simplicity, we will assume that SCT is trading above the peg of 0.01BNB (e.g. 0.8 SCT : 0.01BNB). Below are two plug and play methods that you can repeat to profit from Farmacy Finance:

Strategy 1- Depositing LP Tokens at The Farmacy to Earn PSHARE

1. There are three types of LP tokens that can be farmed at The Farmacy

⇛ SCT-wBNB LP tokens

⇛ TRP-wBNB LP tokens

⇛ PSHARE-wBNB LP tokens

To get the LP tokens, go to PancakeSwap ⇛ Trade ⇛ Liquidity ⇛ Add LIquidity.

For instance, to get the TRP-wBNB LP tokens, you will need to have both TRP and wBNB tokens in your wallet to add liquidity.

Once you have added the liquidity successfully, the LP tokens will be deposited into your wallet. Make sure to add the LP token address to see it in your wallet.

Note: SCT tokens can be obtained by

A. taking part in the genesis pools

B. going to the Bargain Bin in Farmacy Finance and bond wBNB to get SCT at a lower-than-market price.

C. purchase on PancakeSwap outright

2. Once you have your LP tokens, head to The Farmacy and deposit them to the correct pool. You will get Gold Pill (PSHARE) as your reward for staking your LP tokens.

3. You can sell the Gold Pill (PSHARE) that you have earned or continue with the second strategy to compound your earnings.

Strategy 2 – Staking PSHARE at The Doctor to Earn SCT

1. Gold Pill (PSHARE) can be deposited at The Doctor to earn SCT tokens.

Note: PSHARE can be obtained

A. as a reward resulting from the first strategy

B. by purchasing on PancakeSwap outright

2. Once you have claimed your SCT tokens

A. Sell half the SCT tokens and bond the rest for TRP on The Black Market.

B. Use half the profit from SCT tokens to buy PSHARE tokens. Deposit your PSHARE tokens at The Doctor to compound your earnings.

It is our hope that with the launch of Farmacy Finance, we will be able to make TRP more sustainable and can achieve new heights. WAGMI! We look forward to your participation in the Genesis event!