Collective Farms: How to get rewards even if you don't have a duck yet
Last updated
Last updated
Collective farms are designed for joint breeding of ducks and Arkimals EGG farming. Collective farms are great for beginners: unlike spending EGGs for ducks and perches on your own, you can get started with a minimal investment.
👉 Please note that now you need to stake the farm's share tokens to receive “dividends” in EGG.
👉 Collective farms no longer transfer “dividends” directly to your wallet. You can claim them yourself.
Participants exchange Arkimals EGG tokens for a share in the farm and receive share tokens, then stake the share tokens. Only staked share tokens bring rewards in Arkimals EGG — an analog of dividends.
Joining the farm is available at any time — before or after it starts. The farm starts working after the minimum fundraising threshold is reached.
The farm manager can use the funds of the participants to:
hatch ducks in the incubator
breed ducks
get perches
hatch turtles, breed, trade, or rebirth them
exchange SPICE, EGG for WAVES and vice versa on our
use marketplace with a value limitation: when exchanging EGG for a duck spend no more than 10% above the average market value; when exchanging a duck for EGG receive no more than 15% below the average market value.
⚠️ The smart contract of the farm does not allow the manager to withdraw either EGG or WAVES.
The farm automatically accrues Arkimals EGG tokens produced by all ducks on the farm (analog of dividends) to participants on a regular basis:
the manager receives 10% fee of the EGGs produced in the farm
the remaining EGGs are distributed among the participants in proportion to the number of their share tokens.
You can see a list of farms and various data on them by following the links:
Investment: from 0.01 Waves Ducks EGG.
WAVES or EGG to pay transaction fees on the blockchain. You can choose another fee token before signing the transaction.
Select a farm.
Click Invest EGG.
Enter the amount of EGG you want to invest and sign the transaction.
Go to the Balance page: click your WAVES & EGG balance in the upper right corner of the page and select Balance.
💡 You can freely unstake the collective farm share tokens in the same way
Staked share tokens entitle you to “dividends” in Arkimals EGG.
WAVES to pay transaction fees on the blockchain
As collective farms are community-based and decentralized, you can interact with them directly through dApps, even without a website! Here's the list of collective farms dApps:
Duxplorer community farm: https://waves-dapp.com/3PJs4poBWAMFUM1Vn7T87mvNoZrts4esQbt
Granja Latina Farm: https://waves-dapp.com/3P9d7k1FvWhahnSdyk5tb4kU33Fmee6NHKF
KOLKHOZ Farm: https://waves-dapp.com/3PE2feY8CpBtWBRPxtLS7dt3YJkSt4Kme6U
$EGG Point Farm: https://waves-dapp.com/3P3L6F3yMiXkdMMXovdMrAP96FLYW7cg2Xq
The Duck Street Farm: https://waves-dapp.com/3P8968LuSXboHgKi94PHvc6c17duA6i8Hw8
FOMO Farm: https://waves-dapp.com/3P2bbfbAf2Ddc6cMgQfkt22fqmoE1AmALmN
Black Turtle Farm: https://waves-dapp.com/3P48GkhK94aDgsavHhhsHGcYwcuLYQenWk4
For example, you can claim the rewards, stake, or unstake CF tokens via dApp!
Community farms are fully community-driven EGG factories and have a significant impact on the game! Occasionally, we run a blockchain-based voting for liquidation to let the farm's members evaluate the contribution of its CEOs in the project and sort out the best from the honorable farms!
Unfortunately, the farm's CEO may forbid it for their reasons and doesn't justify the entrusted confidence. In such cases, most of the farm's members can vote to liquidate this collective farm. In such cases, the share token holders can pretend to vEGG refund
⚠️ Claim all of the accumulated rewards before claiming the refund!
Please follow the direct link to the dedicated SC feature:
📌Select the "claimRefundStaked" in case you have staked $CF tokens:
📌Select the "claim Refund Unstaked" if your CF tokens are currently not staked:
To claim the refund for non-staked CF tokens, you will need to attach the CF tokens to the payment before invoking the SC function:
Authorize on the dApp by the convenient for you method (email, SEED, Keeper Wallet)
Please double-check that the correct function is selected, as I have underlined in the screenshot below:
Click the "Invoke" button and then press the "Confirm" on the pop-upped transaction SIGNER to complete the operation.
🎉 Congratulations, vEGG tokens will be credited to your account in a few moments!
Go to the Balance page: click your Waves address in the upper right corner of the page and select Balance.
Hover over the farm's share token. Click Claim and sign the transaction.
💡 Hint. Reinvest the payouts to increase your rewards.
Log in to the Arkimals website.
Select Collective Farms in the main menu.
Hover over the farm's share token. Click Stake.
Move the slider to the right and click Stake. Sign the transaction.
If you want to exchange share tokens for EGGs, use.
For MundoCrypto Farm:
For IDO Research Luxury Village:
For Marvin Favis Farm:
For EGGSAGGERATED Farm:
Cartel de Forklog:
Insiders Farm by GP:
EndoWorlds:
Mathematical Farm:
Crypto Gaming United:
For MundoCrypto Farm:
For IDO Research Luxury Village:
For Marvin Favis Farm:
For EGGSAGGERATED Farm:
Cartel de Forklog:
Insiders Farm by GP:
EndoWorlds:
Mathematical Farm:
Crypto Gaming United:
Log in to the Arkimals website.
