Calculating LP Reward APR
Read moreWhat is LP reward APR?
The true APR consists of the yield earned in $CAKE rewards + fees earned from being an LP . The fee APR is based on the average LP fees over the last 7 days.
Read moreWhat is the formula for APR?
The formula for calculating APR is A = (P(1+rt)) , where A = total accumulated amount, P = principal amount, r = interest rate, and t = time period.
Read moreHow do I connect PancakeSwap to Binance?
Click on the dropdown option at the top-right-end corner and click on “Smart Chain” to switch to the Binance Smart Chain. Go to the PancakeSwap website, make sure you refreshed the page and click on “Connect” at the top-right-end corner. Select “MetaMask” and a pop-up will show. The BSC should be already selected.
Read moreHow do you test PancakeSwap liquidity?
Providing liquidity on PancakeSwap is simple: Connect wallet. Once your wallet is connected, navigate to the “Liquidity” section in the “Trade” menu and select a token pair you wish to provide (for example, BNB and BUSD).
Read moreWhat is liquidity pool PancakeSwap?
Providing liquidity gives you a reward in the form of trading fees when people use your liquidity pool. Whenever someone trades on PancakeSwap, the trader pays a 0.25% fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on .
Read moreHow do I connect MetaMask to PancakeSwap?
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