Yield farming on DAO1 allows token holders to earn by depositing their DAO1 and ETH tokens into liquidity pools of DEX’s like Uniswap, SafeSwap and Quickswap. As liquidity providers, they get a share of the transaction fees generated by the exchange, usually around 0.30% based on their share of the total pool of funds.

yield farming DAO

Liquidity mining on DAO1 enables liquidity providers to deposit their LP tokens (token pair receipt) into a farming vault to earn additional DAO1 returns as rewards for locking up the tokens for different time intervals. Providing liquidity helps reduce slippage and stabilizes the price for trades on the DEX.

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