Mining Pools

Users may utilize Mining Pools to stake ONUS and HERA utility tokens that they have acquired, converted, or earned through yield farming in order to earn more of them or tokens from partner projects.

Each Mining Pool contains an input token as well as a reward token. In Heraswap, the input token for each Mining Pool is either ONUS or HERA. The reward tokens are HERA or a token from a Heraswap partner project.

How do Mining Pools function?

One of the many ways Heraswap produces passive cash flow for users is by staking tokens to mine rewards. When a user "stakes" a token, the token is relocated from the user's wallet to the smart contract of the protocol. In exchange for this temporary commitment of assets, the protocol gives incentives in the form of extra tokens, either of the same kind as the staked token or of a different token.

Staking options on Heraswap are designed to increase stakeholder returns while keeping protocol fees as low as possible. This is how Heraswap ensures that our users' resources are constantly prioritized.

Single-asset Mining Pools are the most basic way to generate rewards. Only one type of token is required to use a Mining Pool, which pays out in another token of user's choice.