General FAQs
How do I set up my wallet on Binance Smart Chain?
Trust Wallet: When you go into the dAPP in the top-right corner you can see the different blockchains available, click on it then choose Binance Smart Chain Mainnet.
MetaMask: Create a custom RPC with the following:
Network Name: BSC Mainnet
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB Block Explorer URL: https://bscscan.com/
I purchased YETI but don't see it in my wallet?
You will need to manually add the token to your wallet. If using Meta Mask
Go to Assets
Add Tokens
Add Custom Token
Paste in the YETI token contract address:
Why does it say I have no BNB balance?
You're most likely not connected to Binance Smart Chain within your wallet.
How can I stake $YETI?
You can stake your $YETI on the "Staking" page by clicking on the little "+" sign after approving the contract, choose the amount you want to stake and confirm.
What is the difference between staking and farming?
STAKING: In order to stake your $YETI, you only need $YETI.
FARMING: In order to farm you need to provide liquidity to one of the pools on the farming page and then stake your LP tokens.
Both have their own advantages and disadvantages. Which one to choose is up to your strategy.
How do I farm?
In order to farm you first have to provide liquidity to one of the pools which you can find on the "Farm" page.
After providing liquidity and receiving your LP tokens then select the pool you joined from the "Farm" page, approve the contract and then click on the little "+" sign, choose the amount you want to stake and confirm.
How do I connect my wallet to Yeti.Exchange?
In order to connect your wallet you have to click on the "Unlock Wallet" button on the top-right corner of the page. After that, look for the wallet you want to connect to Yeti Exchange and click "connect". Approve the connection and you're good to go.
What are the potential risks?
Most DeFi projects only promote the benefits. However, here are some risks to consider if you are a beginner.
$YETI token can fluctuate and may go down in value (like any other token).
Providing to the liquidity pool may result in loss of money (see Impermanent Loss).
DDOS attack on the website making the website temporarily inaccessible. However because we are using smart contracts on the blockchain, you will still be able to unstake and reclaim all your money. Staked money is safe.
What are the potential benefits?
Yeti.Exchanger offers you an easy way to exchange from one currency to another and also generate passive income.
Earn money for adding to liquidity pools on all trades proportional to their share of the pool.
Earn $YETI passively when farming
Earn $YETI passively when staking
Funds that are staked are safe and accessible on the blockchain at anytime.
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