Fantom Staking Round 3 & Liquidity Migration to Sushiswap

Modefi
4 min readJun 3, 2021

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****PLEASE NOTE LIQUIDITY HAS BEEN MOVED TO SPOOKYSWAP****

See newest medium regarding Spookyswap and staking

The next round of staking on the Fantom network will kick off at 9PM UTC on June 4th. After which staking will be open for deposits.

Staking Dashboard — https://dashboard.modefi.io/#/staking-rewards

We will be migrating liquidity from Anyswap to Sushiswap before staking commences. We encourage anyone providing liquidity on Anyswap to take the time to migrate their liquidity over to Sushiswap on the Fantom network.

Moving liquidity to SushiSwap will allow the use of other tokens to be swapped directly to and from $MOD with minimal slippage. Previously on Anyswap, there was only enough liquidity to swap $FTM<>$MOD.

We have put together a guide on how to do this below.

Round 3 LP token staking will use Sushi-LP MOD/FTM tokens. The SLP token contract address is 0x175372f481847ca1a4cf983c5fcec58411161e9f

Migrating Liquidity from Anyswap to Sushiswap

Before migrating liquidity, please ensure you have already unstaked from round 2 staking.

Step 1: Removing liquidity from Anyswap

Goto https://anyswap.exchange/remove-liquidity

Connect your metamask wallet and ensure you have it connected to the Fantom Network (To add Fantom Opera Network goto https://chainlist.org/)

Select the token dropdown.

Search for MOD and select it.

Enter 100% or move slider to max then select “Remove Liquidity”. Then approve the transaction in Metamask.

You should now have FTM and MOD back in your Metamask wallet.

Step 2: Adding liquidity to Sushiswap

*Make sure you are still connected to the Fantom Network with your Metamask wallet.

Goto https://app.sushi.com/add/ETH

Connect your Metamask to the Sushiswap interface

If connected successfully you will see “Fantom”, your FTM balance and your wallet address displayed in the top right corner of your screen.

Next “Select a token” and input the Fantom Network $MOD token address in the search bar — 0xe64b9fd040d1f9d4715c645e0d567ef69958d3d9 and select “Import”

Once imported you will be able to input the amount of $MOD you would like to provide for liquidity. The interface will automatically fill in the other token field as there is already a market for MOD/FTM on Sushiswap.

Select “Approve MOD” and follow the Metamask prompts. Be sure to use at least 50 GWEI for each transaction.

Once approval is confirmed, select “Confirm adding liquidity” and follow the prompts on Sushi and Metamask once again.

After this is complete you can add the SLP token to your Metamask by selecting “Add Token” and pasting the SLP token address. 0x175372F481847ca1a4cF983C5fcec58411161e9F

Once staking starts at 9PM UTC on June 4th, you will be able to stake your new Sushi-LP tokens.
Which will be live at https://dashboard.modefi.io/#/staking-rewards

Important Contract Addresses

Binance Smart Chain $MOD contract address

0xd4fbc57b6233f268e7fba3b66e62719d74deecbc

Fantom network $MOD contract address

0xe64b9fd040d1f9d4715c645e0d567ef69958d3d9

Ethereum network $MOD contract address

0xea1ea0972fa092dd463f2968f9bb51cc4c981d71

Modefi: An Oracle Solutions Platform

Modefi’s mission is to bring decentralized trustless Oracle solutions to developers and businesses. Using multi-chain solutions Modefi is building interoperability that will drive adoption and true power to the blockchain ecosystem.

Website: https://modefi.io

Docs: https://docs.modefi.io

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CoinGecko: https://www.coingecko.com/en/coins/modefi

CMC: https://coinmarketcap.com/currencies/modefi/

Buy $MOD on Kucoin

Buy $MOD on QuickSwap

Buy $MOD on Uniswap

Buy $MOD on PancakeSwap

Buy $MOD on SpookySwap(Fantom)

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Modefi

Building the foundation for real world adoption of Oracles and DeFi