How To Add Liquidity And Farm
Last updated
Last updated
Open the official website of FILEDOGE DEX
Click Pool first, and then, to make FILEDOGE token works please click the wallet link which make main network of Filecoin to join the MetaMask.
3.ClickβAdd Liquidityβfirst,then input FIL number and Input the quantity of FIL and the equivalent FILEDGE to add liquidty.
4.After adding liquidity,you can earn a 5/6ths share of the transaction fees,which will be automatically added to your pool.
Yield Farms allow users to earn FILEDOGE while supporting FiledogeSwap by staking LP Tokens.
The rewards generated from farming come from the remaining FILDOGE tokens after the fair launch, which has approximately 80 trillion tokens. Therefore, FILDOGE is an absolute fair social experiment!
Yield Farm APR calculations include both:
LP rewards APR earned through providing liquidity(5/6 fee from Dex);
Farm base rewards APR earned staking LP Tokens in the Farm.
Why? Because when you stake your LP tokens in a farm to earn FILEDOGE, you're still providing liquidity to the liquidity pool, so you earn LP rewards as well!
Farm total APY= Farm base APY + LP reward APY
1.After Add Liquidity,you will get Lp token
2.Click on "Farm", and then click on the "+"
οΌ.Enter the total number of LP tokens you want to stake, usually choosing "max".
For the first time, you need to click "Approve" and wait for the approve to be successful.
οΌ.Then, need click "+" again, enter the quantity, and click "Stake"(At this point, the button has changed to "Stake".) to submit the staking.
5.Once the network has successfully packaged your transaction, you will start farming. The farming output is in line with Filecoin's official block time of 30 seconds per block, and the distribution of your farming rewards is based on the proportion of LP tokens you have staked. Once you have earned rewards, you can click the "Harvest" button to claim them.
