Buy $CALI

Author: ebicalicoinme

Categories
General

Everything on CaliCoin Farming

What Is APY in Yield Farming?

Yield farming is the practice of staking or lending crypto assets in order to generate high returns or rewards in the form of additional cryptocurrency. This innovative, yet volatile investment practice in decentralized finance (DeFi) has skyrocketed in popularity thanks to further innovations like liquidity mining, where investors lock their liquidity pool tokens in a smart contract to earn additional rewards.
These additional rewards can be a percentage of transaction fees, NFTs or a governance token. These returns are expressed as an Annual Percentage Yield or Returns (APY or APR) which is equivalent to Annual Interest Rate in traditional finance. As more investors add funds to the related liquidity pool, the value of the rewards decrease accordingly. 

What are Liquidity Pools and How do they Work?

Liquidity pool is a supply of tokens that are locked into a smart contract which facilitate efficient asset trading while allowing investors to earn a return on their pooled assets. A healthy supply of liquidity from a variety of providers are essential to the long-term growth and stability of a crypto asset, so protocols reward liquidity pool providers with high APYs.

How to add Liquidity to CaliCoin Liquidity Pool

The following example demonstrates what happens when a user contributes to a liquidity pool on PancakeSwap, After adding your CALI/BNB assets, you will receive PancakeSwap LP tokens, which represent a share of the provided assets in the PancakeSwap smart contract.

When supplying liquidity to PancakeSwap, the assets need to be provided in 50/50 proportions. That is, when adding $500 in liquidity to the CALI/BNB pool, $250 in CALI and $250 in BNB must be added, for the liquidity to be approved.

Visit the PancakeSwap liquidity page and add equivalent amount of $CALI/BNB pairs

Categories
Guides

How to Buy on Pancakeswap Using Your iPhone

With the recent removal of the DApp browser on the iOS version of Trust Wallet, there is a lot of users that will be affected by this change. However, there is no reason to fret since you can still access your favorite DApps by using your mobile browser.

As explained on this guide, WalletConnect has implemented a feature called Mobile Linking which allows a DApp to interact with your mobile wallet app like Trust Wallet.

Here is a step by step guide on how to access PancakeSwap on iOS devices (We’ll use Trust wallet native token “TWT” and Pancakeswap native token “Cake” as an example). 

Crucial Steps

1. Open PancakeSwap on Mobile Browser. Type the URL https://exchange.pancakeswap.finance  35.9k on your Safari browser. Tap on Go to proceed. If you are using Safari browser on your iPad, you need to turn off the Request Desktop Website  7.9k setting.

2. Access WalletConnect. Tap on the Connect button on PancakeSwap to selecta wallet. choose WalletConnect.

On the list of supported wallets, choose Trust Wallet. Launch the Trust Wallet app by tapping on Open.

3. Connect Trust Wallet. The WalletConnect screen will show up on the Trust Wallet app. Tap on Connect to complete the connection of the app to the PancakeSwap DApp.

At this point, your Smart Chain wallet is now connected to PancakeSwap. You can now return to your Safari browser to confirm.

4. Swap Tokens on PancakeSwap via WalletConnect. You can start swapping tokens on PancakeSwap like you would normally do on a DApp browser. There is just an additional step, wherein you will have to switch between Trust Wallet and your mobile browser in order to approve transactions.

Here is how it looks when you are doing a token swap.

In this case, we tried to send first a Token Approval transaction. The Trust Wallet app has to be opened to confirm the transaction.

5. Approve the Transaction. Tap on Send to continue. Then to proceed with the actual swap of the tokens, we have to go back to the mobile browser and tap on Confirm Swap.

The Trust Wallet app has to be opened again to confirm the transaction.

6. To submit the transaction, tap on Send. You will see a notification on the mobile browser that the swap was completed successfully.

7. Check the Wallet. Disconnect the WalletConnect session by tapping on Cancel. Open your wallet to see the token you have received after the completed swap.

Now your tokens should safely be in your wallet, but if it doesn’t appear, then add it manually following this single step

Categories
Guides

How To Buy CALI on PancakeSwap

Buying a coin or token on a decentralized exchange is nothing like that of a centralized exchange where everything is set in place for you to trade. There are a few crucial tasks to complete before a swap or trade can take place on a DEX (decentralized exchange).

Buying a coin on any DEX requires the native token of the smartchain that powers the platform in order to cover for things like gas fees. As Ethereum is required to pay for fees on Uniswap or other Ethereum based DEXes, so is Binance BNB (BEP20) coin needed to pay for fees on PancakeSwap. In this guide, we’ll show you step by step how to buy CaliCoin on a decentralized exchange like PancakeSwap. 

 

Please feel free to skip any step that you’re familiar with.

Crucial Steps Mobile Phone

1. Download the Trust: Crypto & Bitcoin Wallet app from the app store (on iOS or Android).  If you already have a Metamask wallet please skip to this section instead

2. Open the app and tap “CREATE A NEW WALLET”. Review the Privacy Policy and Terms of Service. Tick the box next to “I’ve read and accept the Terms of Service and Privacy Policy” and continue

3. Next, the app will show you your 12 recovery words in a sequence, copy and save them in the same order. Click next and tap the words in the right order as shown previously and click continue.

Note: Your recovery phrase is like the passcode to your bank account. Anyone with access to your recovery phrase can access your wallet from anywhere in the world and move funds as they want. Please keep it SAFE.

4. Your brand new Trust wallet is now active. Navigate to “Smart Chain (BNB)” and open it, copy the receive address and fund your wallet from other platforms where you have BNB tokens (only use BEP20 network) OR tap “Buy BNB” as shown in screenshot 2.

5. Input how much money you’d like to invest in USD (the amount in BNB will be shown below the USD figure) and hit “Next

6. You’ll be taken to simplex website to complete the purchase with a credit or debit card (debit card is recommended for lower bank fees). If your payment did not go through, call your bank to unblock your card.

7. Fill the required KYC with a valid ID and email, and hit submit. Wait a few seconds to receive a payment submission email and a few minutes for a payment approval email from Simplex.

8. Head back to your Trust Wallet and you should see your Smart Chain BNB safely in your wallet now.

9. Tap on DApps from the bottom menu and click PancakeSwap from the “Popular” category. 

Note: The Dapps option was recently removed on Apple devices due to Apple regulations. If you’re an iPhone or iPad user, please skip the following steps and follow this guide instead.

10. Tap “Connect” to link your wallet with PancakeSwap, then select Trust Wallet from the list.

12. Copy the CaliCoin contract address (0x6ae6404841d99669069607bc892ae9eab939fc7b) if you haven’t already. Go back to PancakeSwap, tap on the “Select currency” tab and paste the contract address you copied, then click import.

Tap the “I understand” check icon and click “import” again. Enter the amount of BNB you want to invest or tap “MAX” to invest all. Click the “Swap” big button below.

Click “Confirm Swap” and then, click the blue “Approve” button. Wait a few moments for your transaction to be processed.

13. Finally, your tokens may not appear in your wallet automatically, so to add them to your wallet, tap the filter icon at the top right and paste CaliCoin contract address again, CaliCoin $Cali should appear, simply turn on the toggle button at your extreme right and your tokens should be visible in your wallet now.

Crucial Steps MetaMask (PC)

1. Open MetaMask and click on the network selector at the center top. By default it will show “Ethereum Mainnet”. Scroll to the bottom and click Custom RPC. A window will open. Type in the details below.

Network Name: Binance Smart Chain

New RPC URL: https://bsc-dataseed.binance.org

Chain ID: 56

Currency Symbol: BNB

Block Explorer URL: http://bscscan.com​

2. Make sure you’ve typed everything in correctly and click Save. Binance Smart Chain will now be one of your network options.

3. Visit the PancakeSwap website. In the top right corner you’ll see the Connect button. Click it.

4. A window will appear asking you to choose a wallet to connect to. Click MetaMask (it’s the top option on the list)

5. Now you can go ahead and fund your MetaMask with some BNB (BEP20) tokens from your other wallets, then copy the $CALI contract address and start trading as you would on Uniswap.

Please Note: Always select BEP20 as the preferred network when sending BNB tokens to MetaMask

Congrats! You’re now a proud investor of $CALI.