Farming Q&A

for users

What Is Farming?

Farming is a mining incentive mechanism designed for XBroker users. By pledging NFTs or lending USDxc, users can obtain certain amounts of XCV as rewards.

How Do I Get XCV Rewards?

There are two ways to obtain XCV rewards through mining:

1. Pledge NFTs on XBroker to borrow USDxc;

2. Lend USDxc to the pledging parties on XBroker.

How Are Rewards Calculated?

As NFTs have different ratings and are from different series, their respective blocks are also mined at various rates (as shown at the top of the Farming page). Specifically, the larger the multiplier, the higher the percentage of rewards allocated compared to other series. Due to the unique nature of NFTs, the lenders usually take significantly more risks compared to the borrowers. Thus, the XCV rewards produced in each block for XBroker will be allocated to the lenders and borrowers at a 70/30 ratio. The total amount of the XCV reward for each order depends on the mining rate of the block in which the NFTs are located, as well as the principal of the order.

How Do I Withdraw Rewards?

Rewards are always observed to be in one of the following three stages: h arvestable, locked, or withdrawable. Before the end date of the orde r, rewards are generated round-the-clock and can be claimed at any time by clicking the “Harvest” button. This allows 30% of the rewards to become immediately harvestable and withdrawable, while the remaining 70% enter the locked pool. Once the rewards are in the locke d pool, they will be gradually released for withdrawal ov er 180 days. Click “Claim” to withdraw all available rewards to your wallet in one go.