How are these staking pools different from existing pools? In Next-Gen staking pools CROX token will have a new use-case where you Stake CROX and Earn a new token. For example: Stake CROX , Earn BUSD.
How do these pools work? These reward pools are called through a smart contract method. Partnered project funds the contract with necessary rewards before the pools are live. Once you stake in those pools you will start earning rewards. Initially we will introduce single token staking where you Stake CROX and earn XYZ token. Later we will open it for LP staking. In LP staking pools any verified project can create LP pair(Example: XYZ-BNB) and fund the contract with their rewards. These pools are designed to create liquidity for other projects to launch.
Stay tuned for upcoming new dual way of farming on CroxSwap. Follow our social pages for regular updates.