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Tag: Farms stake LP tokens to earn

What is yield farming on PancakeSwap?

27 March 2022 Enpatika.com Genel

Yield farming is one of the oldest concepts in Decentralized Finance (DeFi). Also referred to as liquidity mining or liquidity farming, the concept involves generating income from holding cryptocurrencies . In short, it is a means of locking cryptocurrency assets to get rewards.

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What does APR mean in PancakeSwap?

27 March 2022 Enpatika.com Genel

Calculating Farm Base Reward APR 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 .

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