🌾┃Farm
Last updated
Last updated
Yield Farms allow users to earn LFG while supporting LFGSwap by staking LP Tokens.
Check out our How to Use Farms guide to get started with farming.
Learn how to find Farm smart contracts
Yield farming can give better rewards than LFG Pools, but it comes with a risk of Impermanent Loss. It’s not as scary as it sounds, but it is worth learning about the concept before you get started.
Check out this great article about Impermanent Loss from Binance Academy to learn more.
Yield Farm APR calculations include both:
LP rewards APR earned through providing liquidity and;
Farm base rewards APR earned staking LP Tokens in the Farm.
Why? Because when you stake your LP tokens in a farm to earn LFG, you're still providing liquidity to the liquidity pool, so you earn LP rewards as well!
So how do we calculate those figures?
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 LFG distributed to the farm.
On top of that, farmers receive LP rewards for providing liquidity. Here's an example of calculating LP rewards:
