Introducing League of Ancients Custom Yield Farm! Now you can wager and reap some juicy rewards with just a few simple steps.
Yield farming is a common commodity in the crypto space, where investors can stake tokens and earn rewards over a period of time. If you are new to yield farming then no need to worry because we have prepared this beginner’s guide for you to understand the concept of yield farming and walk you through the process step by step. Let us begin!
At launch we will have two farms as listed below – but they won’t be the only ones! More farms will be introduced in the future, where everyone can use, earn and assemble even more rewards.
$LOA BUSD
April: 650,000%
Monthly released tokens: 2,142,856.8
Reward: $LOA + LP fees
$LOA single bet
April: 150,000%
Monthly released tokens: 535,714.2
Reward: $LOA
Also referred to as liquidity mining or liquidity farming, yield farming involves locking cryptocurrency holdings in order to earn rewards. In general, yield farming works with Liquidity Providers (LP) users who deposit funds (LP tokens) into Liquidity Pools in permissionless liquidity protocols such as PancakeSwap.
Liquidity pools are pairs of crypto assets linked by smart contracts to form an aggregate inventory of assets that are pooled by investors. One such pair is – you guessed it – $LOA-BUSD!
Liquidity providers (you!) can make a tidy sum from the interest they earn in cryptocurrencies.
There are two farms available in the League of Ancient Yield Farm: $LOA-BUSD and $LOA Single Bet. Below we will walk you through the steps for both farms.
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