What is farming🤔?
Farming is launched in #DEX pools to give liquidity providers additional rewards.
For example, on DEX STON.fi, there is currently a farming pool JRK/TON with 346% APR. Without farming, the APR would be based only on the trading volume in the pair and would be just 5%.
Launching a farming pool brings the following positive things for the project👇:
◉ Increased liquidity in the pool
◉ Promotion of the project and token
◉ Airdrop for liquidity providers
◉ Lowered risks for liquidity providers due to higher rewards
To understand how to earn from farming, you need to understand the details of the farming pool since each farming pool is unique. Let’s look at the JRK/TON example👇.
◉ Rewards for farming are given in JRK
◉ Farming will last for another 3 months and 16 days
◉ Tokens are locked for 14 days
The 14-day lock🔒 means that you will not be able to withdraw your assets from the pool during this period, though some farming pools have no lock.
Thanks to the Arbitrary Provision feature, you can set the asset ratio as you wish, for example 30% JRK and 70% $TON , which reduces risks but also affects the APR of rewards📊.
To provide liquidity and immediately add tokens to farming, you need to go to the pool and select the appropriate option.
