What is profitable farming (income farming).
07 Nov 2020, 04:29
⁉️What is profitable farming (income farming)?
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🤞 Yield farming is the process of generating additional profit (usually in the form of control tokens) by users of DeFi protocols for granting loans or obtaining loans, as well as providing liquidity to decentralized exchanges (DEX).
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🔸The liquidity pool is a smart contract on decentralized exchanges (DEX) based on automated market making (AMM) technology.
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🔸Streamity company from October 12 for 2 months launched the liquidity replenishment program kristy_2 on one of its platforms, the STREAMITY NETWORK decentralized exchange.
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🔸The program targets the following 5 pools:
✅ BNB / STM
✅ BUSD / STM
✅ BNB / USDT
✅ ETH / DAI
✅ BNB / BTC
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🔸For these pools, 5,000,000 STM tokens have been allocated in proportion to liquidity.
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💰Everyone can make money on liquidity mining.
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🔥 STREAMITY NETWORK
👉 METAMASK
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