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 moreWhat are liquidity tokens?
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 do I get liquidity tokens?
Go to CoinMarketCap and search for Liquidity Accelerator Token. Tap on the button labeled “Market” near the price chart . In this view, you will see a complete list of places you can purchase Liquidity Accelerator Token as well as the currencies you can use to obtain it.
Read moreWhere can I buy liquidity coins?
How to buy Proof Of Liquidity
Read moreHow is LP price determined?
It is a decentralized exchange (DEX) where anyone can provide liquidity by depositing a token pair of 50-50 ratio inside it. There are no order books and the price is determined by the constant product formula: x * y = k .
Read moreWhat does the 40x mean 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.
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