🔥Liquidity Farming Protocol
Yield Farming is easy!
LIQUIDITY PROTOCOL
Earn interest, borrow assets, and build applications.
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What is Liquidity Farming?
Liquidity Farming is a new trend in Decentralized Finance (DeFi), which enables crypto investors to fully utilize their crypto assets and obtain high returns.
Liquidity Farming is a cutting-edge feature designed to maximize returns for users by enabling them to stake their digital assets and earn rewards. A smart contract operates the liquidity pool, and the users who deposit or stake cryptocurrencies are called Liquidity Providers (LP).
By participating in Sakai Vault's Liquidity Farming, users provide liquidity to the platform, which is then utilized to facilitate various decentralized finance (DeFi) operations. In return, Sakai users receive yield rewards, typically in the form of additional tokens, for their contributions.
Mechanism
The Structure of Liquid Farming
FARMING PAIR
To join Sakai Vault Liquidity Farming Pool, a farming pair of 2 tokens are formed.
Refer to the token farm pair designated with SAKAI is X token (from project X).
The current available farming pair available includes: SAKAI/PAXE
FARMED TOKEN ALLOCATION
Farmed PAXE tokens will be utilized in the burning/staking mechanism of project X to reduce inflation.
An equivalent amount of farmed SAKAI tokens will be added to Sakai Staking Pools to enhance liquidity.
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