Earning Venom in The Snake Pit

Another way to earn Venom is by providing liquidity to the "Snake Pit" using your DRIPX and BNB tokens. Here's how it works:

Provide Liquidity Easily: Unlike other platforms, you won’t need to go through the hassle of visiting external exchanges like PancakeSwap to create LPs (liquidity pairs). With Venom’s user-friendly interface, you can simply enter the desired amount of DRIPX and BNB directly on the platform, and the system will handle the rest. 🐍
Start Earning Venom: Once you've provided equal parts of DRIPX and BNB, you’ll start earning high-yield rewards in Venom immediately. The rewards are dynamic, based on the amount of liquidity you’ve provided and the activity in the Snake Pit.
No Locks, No Fees: One of the key advantages is that your funds are not locked. You’re free to withdraw or deposit your liquidity at any time with zero fees. This flexibility allows participants to manage their assets without restrictions.
External Yield from PancakeSwap V3: Because DRIPX/BNB is a PancakeSwap V3 liquidity pair, the Venom protocol also generates external yield from all trading fees on that pair. These fees will be used to buy more DRIPX off the market, boosting the deflationary effect and strengthening the Venom buy and burn pool.
Strengthening the Ecosystem: As trading volume increases, the Snake Pit not only benefits you with Venom rewards but also contributes to the overall health of the DRIPX ecosystem. The continuous buy and burn of DRIPX helps drive token scarcity, making Venom a sustainable and powerful tool for growth.

Last updated 6 months ago

Another way to earn Venom is by providing liquidity to the "Snake Pit" using your DRIPX and BNB tokens. Here's how it works:

Provide Liquidity Easily: Unlike other platforms, you won’t need to go through the hassle of visiting external exchanges like PancakeSwap to create LPs (liquidity pairs). With Venom’s user-friendly interface, you can simply enter the desired amount of DRIPX and BNB directly on the platform, and the system will handle the rest. 🐍
Start Earning Venom: Once you've provided equal parts of DRIPX and BNB, you’ll start earning high-yield rewards in Venom immediately. The rewards are dynamic, based on the amount of liquidity you’ve provided and the activity in the Snake Pit.
No Locks, No Fees: One of the key advantages is that your funds are not locked. You’re free to withdraw or deposit your liquidity at any time with zero fees. This flexibility allows participants to manage their assets without restrictions.
External Yield from PancakeSwap V3: Because DRIPX/BNB is a PancakeSwap V3 liquidity pair, the Venom protocol also generates external yield from all trading fees on that pair. These fees will be used to buy more DRIPX off the market, boosting the deflationary effect and strengthening the Venom buy and burn pool.
Strengthening the Ecosystem: As trading volume increases, the Snake Pit not only benefits you with Venom rewards but also contributes to the overall health of the DRIPX ecosystem. The continuous buy and burn of DRIPX helps drive token scarcity, making Venom a sustainable and powerful tool for growth.

Last updated 6 months ago