💰USDK Farming

Welcome to USDK Farming on Homnifi! If you own a NodeK Computer Device and have Linked mLYK into it, you’re now eligible to Link your USDK or USDK-W tokens and start getting rewards in LYK or USDK.

Here's how everything works and what you’ll see on your screen.

Step 1: Generate Gas-USDK Tokens by Staking mLYK

Before you can Link USDK, you'll need Gas-USDK tokens - they act like fuel for staking.

1. Go to your NodeK Computer Device.

2. Under the “Link mLYK” section, you’ll see your current mLYK Link and an indicator showing if you’ve unlocked Gas-USDK eligibility.

3. To qualify, your total Linked mLYK must meet the minimum requirement (typically 10% of the Computer Device’s price, but this can vary by Computer Device).

4. Once eligible, you’ll receive Gas-USDK tokens for every 1 mLYK Linked - and this applies even retroactively to your earlier mLYK Link.

5. Your available Gas-USDK balance will be shown just above the USDK Farming section.

Tip: You can Link more mLYK anytime to increase your Gas-USDK balance - allowing more USDK staking. Gas-USDK tokens will be credited to all machines that have already staked mLYK.

Step 2: Link USDK or USDK-W

Now that you have Gas-USDK, it's time to link your tokens and start getting.

1. Navigate to the USDK Farming section of your NodeK Computer Device screen.

2. Here you’ll see:

3. • Your available Gas-USDK balance

   • Your available USDK and USDK-W balance

   • A form where you can select your staking period

4. Enter the amount of USDK you’d like to Link. You’ll be allowed to Link only up to the number of Gas-USDK tokens you hold.

5. Choose a staking period:

   1. 2 years, 3 years, or 4 years - depending on how much time is left on your Computer Device's license.

   2. You can’t select a period longer than your Computer Device’s validity, and once chosen, you can’t downgrade it later.

6. Click “Link”.

Your Linked amount will now be shown in the USDK Farming summary, along with your active period and the countdown to the maturity date.

Step 3: Receive Rewards in LYK - Here’s How

As soon as your USDK is Linkd, you’ll start getting daily rewards. The reward rate will be adjusted to the LYK market price and announced at the launch time, typically specific % of your Linked amount (in USD value), distributed over the entire staking period.

You can choose how you want to manage those rewards:

Option 1: Auto Conversion to USDK-W

• Your LYK rewards are automatically converted into USDK-W at the live LYK price.

• The converted tokens are added directly to your USDK-W wallet.

• You don’t have to lift a finger!

Option 2: Auto Compounding

• Your LYK rewards are converted to USDK and reLinked automatically for the same period.

• For this to work, you must have enough Gas-USDK tokens.

• If you run out of Gas-USDK, compounding will pause automatically. Don’t worry — rewards will still accumulate and start compounding again once you top up your Gas-USDK.

Option 3: Manual Claim

• If you prefer control, turn off auto settings and claim rewards manually.

• You can choose to:

  • Claim in LYK, or

  • Convert to USDK-W at the current rate and then claim.

Head to the “My Rewards” section to claim. You’ll see your daily rewards, available claim button, and conversion options.

Step 4: Claiming Back Your linked tokens

At the end of your linking period, your linked USDK or USDK-W will become claimable tokens.

1. Visit your USDK Farming summary.

2. When your staking period is over, a “Claim tokens” button will appear.

3. Click to receive your original linked amount directly into your USDK-W wallet.

Remember: tokens can only be claimed once the full USDK linking period has elapsed.

Transaction History

You can track every move in your Transaction History, located in your Wallet or NodeK Computer Device view.

You’ll see entries for:

• USDK / USDK-W staking

• Daily reward generation

• Reward claims or conversions

• Tokens release at the end of linking period

Each entry includes timestamps, token amounts, and conversion rates (if applicable).