@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.
Read moreWhy 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
Read moreWhat is the multiplier on PancakeSwap?
it’s just the reward multiplier so 40x farms have 40 times more rewards of 1x farms and 20 times more than 2x farms (per block) etc. It’s already calculated in the APY values so you don’t have to worry about it.
Read moreHow 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 .
Read moreWhat is a trading fee APR?
APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment . This includes any fees or additional costs associated with the transaction but does not take compounding into account.
Read moreWhat is farming APR?
APR is calculated as the percentage of your initial deposit you will receive back after 365 days .
Read moreWhat is yield farming on PancakeSwap?
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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