How To Farm Yield
Yield Farming in the HULKFINANCE easy with $HULK!
Last updated
Yield Farming in the HULKFINANCE easy with $HULK!
Last updated
Yield Farming in Farms is a great way to earn $HULK rewards on HULKFINANCE.
Unlike Syrup Pools, Farms require you to stake two tokens to get LP Tokens, which you then stake in the Farm to earn rewards. This lets you earn $HULK while still keeping a position in your other tokens!
Yield farming can give better rewards than 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.
Yield farming takes a little work to get set up.
You’re going to need some "LP Tokens" to enter into a Farm with. Farms can only accept their own exact LP Token; for example, the HULK-BNB Farm will only accept HULK-BNB LP Tokens.
To get the exact LP Token, you'll need to provide liquidity for that trading pair. So to get HULK-BNB LP Tokens, you'll first haveHULrovide liquidity for the HULK-BNB pair.
It may sound intimidating, but it's not too complicated. Let's go through step by step.
Before you proceed, you'll want to choose a Farm that's right for you.
and you’ll see a list of available Farms.