VaporFi is a decentralized protocol that allows investors to earn 1% interest a day, which they can compound to earn more! It is built on the Avalanche (AVAX) network.
If you are wanting to start your own node then follow the following guideline. There are a few requirements that you will need to get yourself a new VaporFi Node.
The first thing that you will need to do is to set up a cryptocurrency wallet if you don't already have 1. You can follow this guideline to setting up MetaMask Wallet or set up a Wallet Connect account.
If you already have a cryptocurrency wallet, then you can just go to VaporNode.Finance website, and connect with it.
Next you will need to make sure that you crypto wallet has the ability to use the Avalance Network. If you know how to do it, the settings are listed below otherwise read our about Setting Up Avalanche on MetaMask.
Below are the details on how to setup Avalanche Network on MetaMask
Network Name: Avalanche Network
New RPC URL: https://api.avax.network/ext/bc/C/rpc
You will need Avalanche AVAX tokens to be able to process your transactions ( gas fees) and also can be used to swap for the VPND token if you don't have any other cryptos on the Avalanche network. You can purchase AVAX tokens from multiple different exchanges such as Binance and Kucoin and then send them from the exchange to your wallet. We do have guides to help you with that if you get stuck.
Sign up to VaporFi with our Referral Link: https://app.vapornodes.finance/nodes?invite=0x5457025591d96Cb60b01D95d95136bC77c38F984
You will need to have a minimum of 1000 VPND Tokesn to create your very first node. You will be able to swap any of you other tokens you may have on the Avalanche network, OR the AVAX you purchased and send in on the https://traderjoexyz.com/trade site.
Go to https://traderjoexyz.com/trade and connect your crypto currency wallet. If you are using MetaMask, make sure you have set up the Avalanche Chain network on MetaMask. One you have done this, you can connect your wallet to the TraderJoe website.
Navigate to the TRADE page and choose which currency you want to swap under the Swap / From section. Below, you will need to choose the VPND token. If you cannot find it in the list, you can search for its Contract Address.