Yield Farming
Passive earning by providing Liquidity
What is Yield Farming?
Yield farming is a popular method of earning rewards or interest by depositing cryptocurrency into a pool with other Duckstail users. Duckstail farms are specially designed to incentivize users to provide liquidity for their favorite token pairs. By creating and staking their liquidity provider (LP) tokens in Duckstail farms, users can earn DKO utility tokens.
The process of yield farming on Duckstail is simple. Users deposit their LP tokens into the desired farm, and the platform automatically begins to distribute rewards to them based on their stake. These rewards are typically a portion of the trading fees generated by the liquidity pool.
Last updated