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.
Read moreWhere can I buy PancakeSwap?
PancakeSwap (CAKE) can be bought and sold on the following exchanges:
Read moreHow do you get PancakeSwap on Binance?
These rewards can be sold at market price, or you can use them to enter PancakeSwap lotteries.
Read moreWhat is PancakeSwap?
PancakeSwap is a decentralized exchange (DEX), allowing investors to swap BEP-20 tokens . BEP-20 tokens are tokens built on top of the Binance Smart Chain that don’t have their own blockchain. The platform is built on Binance Smart Chain instead of Ethereum, giving it a number of advantages.
Read moreHow do you get crypto with PancakeSwap?
Steps on how to buy PancakeSwap
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