AI Swap Earn -Farms
Last updated
Last updated
Earn in the top menu bar contains ‘Farms’ and ‘Pools’.
When you enter the Farms and Pools section you can reach the respective module for staking the LP reward token and Token in the pools.
Farming pool provides the users an opportunity to earn a passive income by staking the LP token in which the user got as a reward for their contribution to the LP pairs.Generally the Farming Pool contains the APR, Staking option, Withdrawal option, Reward Token and the Harvest button for collecting the rewards.
APR stands for Annual Percentage Returns while APY stands for the Annual Percentage Yield . Both APR/APY sounds similar but there is a key difference between them.
FIXED APR - The Reward percentage will be fixed in which if we set 10% as a reward for the Farming pool, then it calculates the 10% reward for the quantity of LP tokens deposited. Irrespective of the tokens deposited you will earn only 10% of that reward based on no.of.days, hours, minutes, seconds.APY - The reward percentage will be variable not fixed as it will be calculated depending upon the total quantity of LP tokens deposited in the pool. The number of LP tokens deposited higher then lower will be the reward percentage and vice versa.
1.Enter the amount in either BDX-BUSD Farming pool or BDX-BNB Farming pool by clicking (+) add button.
2. After entering the amount and click confirm for transaction
3. You can also check the ROI (Return on Investment) button by clicking the box besides the dollar value.
4. After Staking the LP tokens you can harvest the rewards (BDX) earned by clicking the harvest button.
5. The Subtract button (-) denotes the withdrawal of the staked LP token.