First, you need to provide the liquidity pair (e.g., two different cryptocurrencies). That will reward you with LP tokens and part of the trading fees. Afterwards, if you decide to stake your LP tokens, under the Farm tab, choose the CAKE-BNB LP farm , and you will earn CAKE tokens.
Read moreIs staking on PancakeSwap safe?
Secure. PancakeSwap has proven to be very secure . For one, it’s a non-custodial DEX, meaning that the platform never holds your assets directly in large hot wallets. DEXs are much more secure than centralized exchanges for this reason.
Read moreHow much money can you make staking on PancakeSwap?
Currently, 10 CAKE per block is awarded to the CAKE holders staking in the CAKE Pool on PancakeSwap. The APY for staking in the CAKE Pool is around 45%.
Read moreHow is PancakeSwap APR calculated?
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 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 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 moreHow are LP rewards calculated?
Calculating LP Reward APR
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