The Farm Base APR is calculated according to the farm multiplier and the total amount of liquidity in the farm — this is the amount of CAKE distributed to the farm.
Read moreHow much is a CAKE LP worth?
The CAKE-BNB LP price is set at $128 . A minimum commitment of 0.04 LPs is needed to get the participation achievement. IF YOU DON’T COMMIT ENOUGH LP TOKENS, YOU MAY NOT RECEIVE ANY WATCH TOKENS AT ALL AND WILL RECEIVE A FULL REFUND FOR YOUR LP TOKENS!
Read moreHow does staking LP tokens work?
LP token staking Providing liquidity requires staking equal values of different tokens, which generates a LP token . This new LP token is then staked in a new pool in order to earn a yield.
Read moreHow is LP token calculated?
For example, if you contribute $10 USD worth of assets to a Balancer pool that has a total worth of $100, you would receive 10% of that pool’s LP tokens . You receive 10% of the LP tokens because you own 10% of the crypto liquidity pool. The LP tokens become your claim to your share of the pool’s assets.
Read moreWhat is LP token in Uniswap?
Liquidity provider tokens or LP tokens are tokens issued to liquidity providers on a decentralized exchange (DEX) that run on an automated market maker (AMM) protocol . Uniswap, Sushi and PancakeSwap are some examples of popular DEXs that distribute LP tokens to their liquidity providers.
Read moreHow much is a BNB LP cake worth?
The CAKE/BNB liquidity pool now has 10.017 CAKE and 10.017 BNB. Each LP token is now worth 1.00017 CAKE + 1.00017 BNB .
Read moreHow is LP tokens calculated?
For example, if you contribute $10 USD worth of assets to a Balancer pool that has a total worth of $100, you would receive 10% of that pool’s LP tokens . You receive 10% of the LP tokens because you own 10% of the crypto liquidity pool. The LP tokens become your claim to your share of the pool’s assets.
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