๐ฉโ๐พ Farm with DITTO.money! ๐
Liquidity providing / Yield farming guide
Providing liquidity, what does that mean?
Automated Market Makers (AMMs) are a form of decentralized exchange (DEX).
LP(Liquidity Providing/Liquidity Pools) enables users to trade tokens seamlessly.
Pancakeswap is such a DEX on which DITTO is tradable on a pair with wrapped BNB.
Liquidity pools aim to successfully address the low liquidity problem and guarantee that the token price does not swing significantly after performing the order of a single large trade.
Why are Liquidity Pools Important for DITTO? ๐ค
Providing and increasing the trading pairโs liquidity secures DITTOโs price and stabilizes it over a long period.
Users providing liquidity also enhance the projectโs decentralized nature, with less of the total liquidity being the original amount that the team provided.
As an incentive for Liquidity providing, $DITTO or tokens of our partner pools are being distributed amongst LP token holders.
How to join a Liquidity Pool and Stake your LP tokens/$DITTO/Partner tokens for massive gains???
๐โโ๏ธPools
Often referred to as a single staking pool, deposit asset x, earn asset x or y. (sometimes both or maybe even more, depends on promotions.)
๐จโ๐พFarms
Often referred to as LP staking/Farm, deposit LP tokens (BNB + DITTO), earn asset x or y. (sometimes both or maybe even more, depends on promotions.)
๐Vaults
Often referred to as Vaults, deposit LP tokens (BNB + DITTO), earn asset x or y. (sometimes both or maybe even more, depends on promotions.)
Most Vaults are (auto)compounding, unlike Farms.
Jetfuel.finance
๐ Vault
- Add Liquidity to Pancakeswap, get DITTO-BNB LP
- Go to Jetfuel Vaults
- Search the DITTO-BNB LP Vault, add your DITTO-BNB LP tokens
- Watch your stacks grow.
Beefy.finance
๐ Vault
- Add Liquidity to Pancakeswap, get DITTO-BNB LP
- Go to Beefy Vaults
- Search the DITTO-BNB LP Vault, add your DITTO-BNB LP tokens
- Watch your stacks grow.
Autofarm.network
๐ Vault
- Add Liquidity to Pancakeswap, get DITTO-BNB LP
- Go to Autofarm Vaults
- Search the WBNB-DITTO LP Vault, add your DITTO-BNB LP tokens
- Watch your stacks grow.
Cafeswap.finance
๐จโ๐พ Farm
- Add Liquidity to CafeSwap, get DITTO-BNB LP
- Go to CafeSwap Farms
- Search the BNB-DITTO LP Farm, add your DITTO-BNB LP tokens
- Watch your stacks grow.
๐โโ๏ธ Pool
- Go to CafeSwap Pools
- Search the DITTO Pool, add your BREW tokens
- Watch your stacks grow.
Hyperjump.fi
๐จโ๐พ Farm
- Add Liquidity to Hyperjump, get DITTO-BNB LP
- Go to Asteroid Field
- Search the DITTO-BNB LP Farm, add your DITTO-BNB LP tokens
- Watch your stacks grow.
Market cap is critical in understanding the growth of an elastic supply token such as DITTO.
Through each rebase, usersโ token balance changes, however, the overall percentage ownership remains constant holding $DITTO.
Holding through rebases, both positive and negative, relative to the $1 target price helps the $DITTO protocol finding itโs supply/demand balance as the market cap grows.
Updating article as new farming options appear, $xDITTO guide soonTM :)
Made with โค๏ธ by
Happy farming! ๐๐ธ