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Farm

PreviousHow to Add/Remove LiquidityNextHow to Stake in Yield Farms

Last updated 1 year ago

Yield Farms allow you to stake Liquidity Pool (LP) tokens to earn $DOGON on DogonSwap. The LP tokens come from Liquidity pools by adding tokens to provide liquidity.

Each farm has its own APR, depending on the value of LP tokens, reward multiplier, and price of $DOGON.

Yield farming can give better rewards than single asset staking 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 to learn more.

How can I run a Yield Farms for my project?

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article about Impermanent Loss