https://twitter.com/blocktoolbox/status/1715273733223366778

Blocktools Staking Pool 2 and 3 are now available on ETH mainnet.

Pool 3 has been funded with approximately $30,000 in TOOLS for LP stakers and will go-live soon.

Pool 2 awaits accumulation prior to kick-off

Mechanism for LP stakers is:
1. Stake LP to earn TOOLS or
2. Stake LP to earn WETH

Pools are atm inactive pending Dapp setup on https://Blocktools.org/workshop

Pool 2: https://etherscan.io/address/0xa17201d8af38674f224815390b6dc63e054754f0

Pool 3: https://etherscan.io/address/0x930589a55d0aeb7e172c2ef4dd827892eb3e7547

Medium will follow as always.

https://twitter.com/blocktoolbox/status/1715636310000415186

At Blocktools we have always tried to hit different. Is not always easy but we try.

$250,000.

1. You're a computer repair shop
2. Your UI is shit
3. Your logo looks like Fiverr
4. You're open sourcing everything so you will fail
5. You need to update Dextools or you will fail
6. You need to pay callers right now or you will fail
7. Why did you even launch a Token?
8. You're decentralizing liquidity you will fail
9. Your Liquidity Locker isn't recognized
10. Token went down 70% you are a rug

And now:
$250,000 in rewards (at CMP) given out in just over 1 month. Of which $125,000 is ETH, $125,000 is TOOLS

Majority of this ($161,000) when marketcap below $2,000,000.

50% of our LP is in our holders hands. Half of them have retained it.

48.7% of Total Supply ($1,350,000) currently staked.

3 BTC and 15 ETH in Coffers.

We're just getting started.

https://twitter.com/blocktoolbox/status/1715760967076770180

DeFi things x

Blocktools staking pool boosted with $7,500 worth of rewards for TOOLS stakers.

https://etherscan.io/tx/0x0444307a794d4233fc97a8c5b61953ba4f2f132ea40ba5b162b51c03b4eb3b46

Since Pool 1 had a lot of queries and folks had some questions understanding how it works, Here's a quick short guide for the next Pool before it kicks off:

1. You need LP Tokens which you will stake to earn TOOLS

2. You can get LP Tokens either by Staking your TOOLS in Pool 1, or by Adding Liquidity to the TOOLS-ETH pair on Uniswap

3. You will earn based on Tiers (6 Tiers in total, calculation attached)

TL:DR More LP Tokens = Larger share of the Pool, and higher interest rate

Eligibility as of latest snapshot*:

https://etherscan.io/token/0xdae6d9662c4904026ac311a5fdc8917fdc51971a#balances

0 Holders eligible for Tier 6 (20 LP Tokens after 1% Tax)
1 Holder eligible for Tier 5 (12 LP Tokens after 1% Tax)
3 Holders eligible for Tier 4 (8 LP Tokens after 1% Tax)
13 Holders eligible for Tier 3 (4 LP Tokens after 1% Tax)
20 Holders eligible for Tier 2 (2 LP Tokens after 1% Tax)
36 Holders eligible for Tier 1 (1 LP Token after 1% Tax)

So far $9,000+ has been added to liquidity by holders to generate LP Tokens for staking.

* = This is for wallet holdings as displayed, it does not account for holders who have split across multiple wallets and may be eligible to enter Tiers if they accumulate all LP Tokens into one Wallet.

How to add:

https://app.uniswap.org/pools

More -> V2 Liquidity -> Add V2 Liquidity -> Supply 50% $ value ETH and 50% $ value TOOLS

You will receive LP Tokens in your wallet.

From Uniswap: By adding liquidity you'll earn 0.3% of all trades on this pair proportional to your share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity

https://twitter.com/blocktoolbox/status/1716480038017679742

Minor Blocktools UI enhancement somewhere between an update and an upgrade, in progress.

No disruption expected. Ctrl + F5 if stuck.

Sticking to the basics while retaining look and feel, existing TOOLS holders should continue to find it in line with V1, some of the enhancements are tiny enough to escape notice.

Teaser attached.