Farms
Farmageddon brings farms from as many sites as possible. More partners more growth. Easier managment for the users. From pancakeswap to Farmageddon, Olive Cash to Buffalo swap. All accessable and managed through Farmageddon.
Yield Farms allow users to earn REWARDS while supporting Our partners by staking LP Tokens.
Check out our How to Use Farms guide to get started with farming.
Yield farming can give better rewards than Pools, but it comes with a risk of Impermanent Loss. It’s not as scary as it sounds, but it is worth learning about the concept before you get started.
Check out this great article about Impermanent Loss from Binance Academy to learn more.
Reward calculations
Yield Farm APR calculations include both:
LP rewards APR earned through providing liquidity and;
Farm base rewards APR earned staking LP Tokens in the Farm.
Why? Because when you stake your LP tokens in a farm to earn REWARDS, you're still providing liquidity to the liquidity pool, so you earn LP rewards as well!
So how do we calculate those figures?
Calculating Farm Base Reward APR
The Farm Base APR is calculated according to the farm multiplier and the total amount of liquidity in the farm -- this is the amount of CAKE distributed to the farm.
Calculating LP Reward APR
On top of that, farmers receive LP rewards for providing liquidity. Here's an example of calculating LP rewards:
In the WBNB/BUSD pair above, we see these values:
Liquidity: $387.42M Volume 24H: $96.97M Volume 7D: 709.73M
Calculate yearly fees
Use the 24H volume to calculate the fee share of liquidity providers in the pool (based on the 0.17% trading fee structure): $96,970,000*0.17/100 = $164,849
Next, use that fee share to estimate the projected yearly fees earned by the pool (based on the current 24h volume): $164,849*365 = $60,169,885
We can now use the yearly fees to calculate the LP rewards APR: That's yearly fees divided by liquidity: ($60,169,885/$387,420,000)*100 = 15.53% LP reward APR
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