How does PancakeSwap staking work?

PancakeSwap Farming is recognized as an automated market maker (AMM) that allows its users to trade using crypto tokens and hence, provides liquidity. Staking is a process of staking cryptocurrencies that involves buying several tokens of any currency and putting them aside while other transactions are happening .

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What is APR on PancakeSwap?

@PancakeSwap. ???? APR’s just went up a lot! We just deployed an update to the farm page to show true 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.

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Why does PancakeSwap have high APR?

Higher yield Through the usage of PancakeSwap, you can get a higher yield when compared to other offerings. In terms of the yield farm APR, here is how it is calculated: First, the LP rewards APR is earned through providing liquidity . Second, the farm base rewards APR are earned through staking LP Tokens in the farm.10 Oca 2022

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