Yield Farms
Last updated
Last updated
allow you to stake Liquidity Pool (LP) tokens to earn HAKU on HakuSwap. 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 HAKU.
Yield farming can give better rewards than Staking 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 from Binance Academy to learn more.
Check the for a step-by-step.
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