How to participate in GENE single staking with 365,000 GNOME rewards

GenomesDAO
2 min readMar 20, 2023

Two proposals have passed on snapshot.

The first one goes live on Arbitrum today at 5PM UK time. The second one will go live on Wednesday 22nd March at 5pm UK time.

1. GENE single staking with 365,000 GNOME rewards.

Requirements — Stake and lock GENE for 1 year.
Rewards harvesting activated after 50 days.

2. Rewards on Arbitrum will increase. We will be adding 2x the rewards on Arbitrum (15340000 $GENE + 65,200 $GNOME)
Requirements — 90 day LP locking minimum.

Rewards harvesting activated after 14 days.

This blogpost is instructions for how to participate in GENE single staking with 365,000 GNOME rewards. A second blogpost will follow for instructions on proposal 2.

  1. To get started, go to Camelot on Arbitrum. Here is the link to the specific Nitro Pool: https://app.camelot.exchange/nitro/0x3b54A853e247D5d130dE76840672892757E5d20e
  2. Click on the + next to GENE and create position

3. Change the lock duration to 12 months or more.

4. Approve and Submit. Thats it! As of 5pm UK time on Monday 20th March you will begin earning that juicy APR!

https://app.camelot.exchange/nitro/0x3b54A853e247D5d130dE76840672892757E5d20e

You will be able to start harvesting our governance token GNOME after 50 days.

If you have any questions about this or anything else — join over 2500 people in the Discord: https://discord.com/invite/bYvqcNDrvC or jump into the Telegram group: https://t.me/+TblGWLX6Nul3ClGw

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GenomesDAO

GenomesDAO is a genomic data security company that democratizes and decentralizes genomics in Healthcare