Yield Farming
- 1.Choose a pool on the farm tab and click deposit. [See Figure 1] You should already have liquidity in the pool. If not, you will be prompted to add liquidity to the pool and can reference this guide.
- 2.If you have the right LP tokens for that yield farming pool, you should see them present and be able to deposit the tokens in the pool. [See Figure 2]
- 3.Choose how many tokens to deposit or hit "MAX" in order to deposit all tokens available. If this is your first time depositing LP tokens in this yield farm, you'll first need to approve the transfer and then click "Deposit" to make it final. [See Figure 3]
Figure 1. Selecting yield farming pool to deposit in
Figure 2. Deposit UBE-LP tokens
Figure 3. Select deposit amount and confirm your deposit
No. Once your LP tokens are deposited in the pool, they'll start earning rewards right away. You can claim the rewards at anytime.
You can find the full schedule for Ubeswap's tokenomics, including the mining rewards, in this article.
The exact numbers distribution schedule can be found in this spreadsheet. How UBE is distributed between pools is up to our community! So join the conversation on Discord and vote on Romulus.
You can go to the farm page to see your active pools. At the bottom of each pool will be the rate of your reward earnings as well as the value of your stake.
Liquidity providers earn a 0.25% fee on all trades proportional to their share of the pool. They are still accrued while yield farming. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.
Last modified 1yr ago