π¨βπΎFarms
Last updated
Last updated
Farms allow you to stake Liquidity Pool (LP) tokens to earn BABY or other tokens on BabySwap. 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 the token received.
Farming can give better rewards than Pools, but it comes with a risk of Impermanent Loss. Itβs 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.
Check the guide for a step-by-step.
Reach out via the application form.