To earn protocol fees on Henjin.xyz, you can participate in several activities within the platform. Here’s how you can get involved and start earning:

1. Provide Liquidity:

By adding liquidity to the AMM pools on Henjin, you become a liquidity provider (LP). In return, you earn a share of the trading fees generated by the pool. The more liquidity you provide and the more active the pool, the higher your potential earnings. Liquidity can be provided in various tokens, and you receive LP tokens representing your share in the pool.

2. Stake HENJ:

Staking HENJ tokens allows you to earn a portion of the protocol fees. Stakers are rewarded from the fees collected by the platform, incentivizing long-term holding and participation.

Staking can typically be done through the Henjin app, where you lock your HENJ tokens and earn rewards over time.

3. Participate in Fair Launches:

Henjin conducts fair launches where new tokens are distributed to participants. By referring others to these launches, you can earn referral fees. You generate a referral link and earn 3% of any referred investments.

Additionally, you can invest in these fair launches yourself and benefit from potential gains if the token appreciates.

4. Utilize xHENJ Plugins:

xHENJ is a staked version of HENJ that comes with additional benefits. By converting HENJ to xHENJ, you can participate in various plugin features like earning dividends, boosting yields, and accessing exclusive launchpad events.

Dividends from xHENJ are another way to earn a share of the protocol fees.

5. Engage in Dynamic Fee Pools:

Henjin’s v4 update includes dynamic fees, where the pool commission rates can be adjusted based on market conditions and user preferences. Participating in these pools and providing liquidity can potentially yield higher returns.

By engaging in these activities, you can earn a share of the fees generated on Henjin.xyz, contributing to the ecosystem while benefiting from the rewards.