🚜Yield Farms

What is Yield Farming?

Yield farming is a popular method of earning rewards or interest by depositing cryptocurrency into a pool. MobyDEX 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 MobyDEX farms, users can earn MOBY.

The process of yield farming on MobyDEX is simple. Users deposit their LP tokens into the desired farm, and the platform automatically begins to distribute rewards based on their stake. These rewards are typically a portion of the trading fees generated by the liquidity pool.