πŸ¦…Fundamental

Broadly, yield farming is any effort to put crypto assets to work and generate the most returns possible on those assets.

AVE Farming: This will integrate decentralized finance mechanisms wherein holders provide some of their crypto assets into liquidity pools, from which they can earn rewards. AveFarm will leverage blockchain liquidity pools smart contracts from market makers.

A liquidity pool is basically a smart contract that contains funds. In return for providing liquidity to the pool, LPs get a reward.

How to Add liquidity to get LP tokens:

  1. Select the pools by the token name from pool list, then click "add" to provide liquidity.

  2. Type in the amount for token pair you want to deposit into the pool.

  3. Click β€œDeposit” to add liquidity. After adding liquidity, you will receive the LP tokens in your wallets which you can now farm to earn rewards.

Staking pools & Vaults: Cryptocurrency staking pools for users where they can earn rewards locking up their assets with no impermanent loss!. Users can earn up to 500% APR with optimized vaults featuring auto compounding.

Think of the AveFarm vaults as a traditional savings account with interests.

Staking as a less resource-intensive alternative to liquidity mining (Yield-farming)- In this case, holders do not need LP tokens to utilise the protocol, Just locking your tokens in provided staking pools, does the work.

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