In the system we call Farm, we put 2 different cryptocurrencies into the pool with equal cash value and combine them as LP under one roof. That is, if 2 BNB is worth $500, we put $500 BUSD against it and make lp. This is how we start the farm.
BNB-BUSD FARM
The extra thing you need to know about Farm is that your coin amounts may change during price changes. If BNB goes too high, your 2 BNB units will drop a little because BNB is sold and BUSD is added to it. If 2 BNBs are worth $600 instead of 500, they are now sold for $50, making $550 worth of BNB. $550 becomes BUSD.
When you break the LP, you naturally get a different amount of coins. If BNB falls instead of increasing, BUSD decreases and your BNB amount increases by buying BNB. This is the LP logic in the farm.
So now let's move on to Farming and proportions. We perform this transaction through Pancakswap, which is one of the best rates and also one of the most reliable platforms. The current APR rate is 13% (15% in Biswap. Anyone who wants can use that platform, but I'm going over Pancakeswap because many of you have heard of Pancake) So your money will provide 13% annual return.
Here, unlike staking, we cannot give an example over the amount of coins because we are farming. The amount of coins is constantly variable in LP. so you will get 13% return in proportion to your total money amount. The good thing is that you can redeem LP at any time, so you can instantly redeem your staked coins and collect the stakes whenever you want on a daily basis.
We can say that it is completely free and everything is in your hands. From this point of view, it can be very nice to farm over Panksswap. You can farm with the BNBs you hold and the BUSD you hold for possible declines and get good returns.
ATOM Stake
After connecting your Keplr wallet here, you can stake on the stake fish validator. The reason is one of the validators with the lowest commission rate and the highest return rate (4% commission 18% APR).
After staking here, you can collect the accumulated coins at any time and add to the staked amount again. In this way, you can quickly increase the amount of ATOM in your hand at a multiplier rate.
The point you need to know here is that if you want to get back the coins you staked, you remove the stake status by "undelegate" and it takes 21 days to get your money back.
DOT Coin
You do this via "Moonbeam" using 2 different wallets. Since it would be complicated and long to explain here, I will show this and even everything here in a video in our Youtube channel "Kriptobi".
Those who cannot make transactions will be able to watch how all the coins I have described here are staked in the video I will shoot.
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