Cbit is the token needed to feed your animals in the farming tales metaverse, the token can be acquired in 3 ways, first you can buy it directly on the alcor exchange (this is the most expensive option), secondly you can stake the games main token "SEST" in order to earn cbit daily, however the amount of cbit you earn is directly related to the amount you stake, simply put, the more you stake the more cbit you earn.
The third option is the most important of all options and will require that you start from the second option and level up from there.
- Always buy more SEST than necessary, if your farm needs 5000 SEST to make 6 Cbit then buy 10,000 SEST instead, this will ensure that you have more Cbit than necessary and its very important that you do, you'll understand why in the next step.
- The amount of Cbit you earn is dependent on the amount of SEST staked, the more people that stake SEST the less Cbit you earn, what this basically means is that you have to find a way to farm extra SEST for staking aside the SEST you farm from harvesting NFT's, without actually buying more SEST.
- This is the reason why step 1 is important, the value of cbit is currently higher than SEST, 1cbit = 15 SEST, 10cbit = 150 SEST, 100cbit = 1500 SEST, so any extra cbit you earn can be converted into SEST to increase your stake, lets say your farm only needs 10 cbit to function and the amount to stake for 10 cbit is 5000 SEST, you should stake instead 10,000 SEST which will give you 20 cbit, now you only need 10 cbit to feed your farm today so now you have an extra 10 cbit with no immediate use, you need to swap this extra cbit to SEST (10cbit = 150 SEST) this new SEST will add up to your SEST that you have farmed for the day using the first 10 cbit so tomorrow you have more SEST staked and because of that you will earn more cbit. using this method over and over again will allow you to get enough sest and cbit to maintain your farm and be able to compete in the SEST pool and still have extra for other game uses without spending too much.