πΎFarming
Provide liquidity, get rewarded
Last updated
Provide liquidity, get rewarded
Last updated
Yield farming lets users that are providing liquidity earn $FIXX rewards by depositing their LP tokens into a smart contract with the possibility to withdraw anytime. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity on Maiar DEX.
Realistically it is not forever, rewards will always be attractive, but our early supporters and believers will be rewarded the most.
Early Phase: during the early stage, an initially low total value locked (i.e. TVL) will offer the early liquidity providers a very high APR.
Ecosystem Maturity: as more and more people join the farm pools, while the rewards will decrease and be distributed among more liquidity providers, a large liquidity pool size will facilitate swaps, reduce slippage and turn FixxFi into a balanced self-sustaining finance ecosystem.
Each farm pool has its own APR, depending on the amount of LP tokens, reward multiplier, and present market price of FIXX. APRs can also be maximized by compounding earnings.