Farms 101
Understanding XDEX Farms
🌾What Are Farms?
Farms are mechanisms that allow users to stake Liquidity Provider (LP) tokens in exchange for additional rewards, often in the form of platform tokens like $XDEX.
When you provide liquidity to a pool on XDEX, you receive LP tokens representing your share of that pool. By depositing those LP tokens into a farm, you can earn farming rewards over time as an incentive for supporting the ecosystem.
⚙️ How Farms Work
1️⃣ Provide Liquidity
Add liquidity to any supported pair (e.g., XNT/USDT, XNT/wSOL) to receive LP tokens.
2️⃣ Stake LP Tokens
Deposit those LP tokens into the corresponding farm.
3️⃣ Earn Rewards
As long as your LP tokens remain staked, you’ll earn rewards — typically in $XDEX or other incentivized tokens.
4️⃣ Unstake Anytime
Withdraw your LP tokens at any time to redeem your share of the liquidity pool and claim any accrued rewards.
⛔ Note: Some farms may include optional lockup periods or bonus multipliers.
🎁 Benefits of Farming
Boosted Rewards Earn additional incentives on top of the trading fees generated in the pool.
Passive Income Farming generates consistent yield without active trading or management.
Ecosystem Growth Farming contributes to deeper liquidity, healthier markets, and long-term ecosystem sustainability.
⚠️ Risks of Farming
Impermanent Loss Market price changes can affect the relative value of your LP tokens compared to simply holding the assets.
Smart Contract Risk Farms are powered by smart contracts and may carry technical risks or vulnerabilities.
Lockup Periods (if applicable) Some farms may require LPs to commit for a fixed period to maximize rewards or access bonus incentives.
🚀 How to Start Farming on XDEX
✅ Step-by-Step:
Provide Liquidity Choose a token pair, add liquidity, and receive LP tokens.
Find a Farm Go to the Farms section on XDEX and select a farm that matches your LP token.
Stake LP Tokens Deposit your LP tokens into the farm contract.
Claim Rewards Monitor your yield and harvest rewards at your convenience.
🔐 Rewards are claimable at any time and are distributed continuously based on your stake and the farm’s emissions rate.
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