Yield Farming
Earn Skol APY through Yield Farming
Last updated
Earn Skol APY through Yield Farming
Last updated
Yield, or earnings generated over time, can be accrued on an annual percentage basis, known as Annual Percentage Yield. Yield Farming is an accessible way for investors to learn the benefits of adding to Liquidity Pools for better rewards. Depositing a token into a trading pool contributes to the overall liquidity and stability of a token. In exchange, Liquidity Providers earn a specific percentage of APY, usually paid out in real time. Unlike staking, tokens deposited to pools can be moved at any time. The Skol team will provide education on liquidity pool investing, yield farming, and more as these options become available in the future.