All about Farms
All you need to become a FTM Yield Farmer π
At ShibaSwap, we use our farms to primarily incentivize users to provide liquidity for their favorite projects by rewarding them in GBONE or BONE. We are foremost a DEX, so the more liquidity we have the more users can trade. Itβs in our best interest to encourage liquidity for popular trading pairs on ShibaSwap! Using our farms, users can stake their SHIBA-LP tokens after providing liquidity to earn high APYs through our platform.
If youβre considering supplying liquidity to one of our pools in order to farm, itβs important to understand the effects of impermanent loss. For a great guide on impermanent loss, check out this article from Binance Academy.
Farms
The following farms will be available at launch. The initial launch will have all farm rewards paused for at least 24 hours to allow everyone to stake fairly:
Premium Farms (Earn GBONE):
SHIBA-FTM - 33x
SHIBA-GBONE - 33x
GBONE-FTM - 33x
Standard Farms (Earn BONE):
Shiba-BONE - 20x
BONE-FTM - 20x
USDC-FTM - 5x
DAI-FTM - 5x
fUSDT-FTM - 5x
wETH-FTM - 4x
wBTC-FTM - 4x
BNB-FTM - 2.5x
NIPS-FTM - 2x
Yoro-FTM - 1x
Waka-FTM - 1x
Boo-FTM - 1x
LQDR-FTM - 1x
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