Oscar Farms

How Yield Farming Works?

One of the widely used methods to earn rewards or interest on cryptocurrencies is yield farming. It involves depositing your cryptocurrency into a pool shared with other users on Oscarswap. The Oscar farms are designed to incentivize users to provide liquidity for their preferred token pairs. By staking their liquidity provider (LP) tokens in Oscarswap farms, users can earn $OSCAR utility tokens.

Yield farming on Oscarswap is a straightforward process. Users can deposit their LP tokens into the chosen farm, and the platform will automatically start distributing rewards based on the amount of stake. The rewards are usually a percentage of the trading fees produced by the liquidity pool.

Oscarswap Yield farming reward

Oscarswap proudly holds the status of the sole DEX that offers yield farming rewards in upto THREE coins. One of the coins is the Oscarswap native token $OSCAR, the second is WETH, and lastly, a stable coin.

The choice of these three coins is not a random decision, instead, the pair is carefully curated after ample consideration to maximize the utility for users. The choice of these coins develops into a fully diversified portfolio, with two high value coins and a stablecoin.

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Last updated 1 year ago