Liquidity Pool
Learn more about LP yield farming.
Yield farming allow users to earn ENV-BUSD LP Tokens while supporting Envoy by providing liquidity. Before starting with this, it's important to understand the risks and the benefits of this concept.
Disclaimer: Always do your own research, Liquidity Pool Farming could result in impermanent losses. Envoy representatives will never encourage anyone to provide liquidity.
How Does liquidity pool yield works?
You’re going to need "LP Tokens" to enter into a Farm with. Farms can only accept their own exact LP Token; for example, the ENV-BUSD Farm will only accept ENV-BUSD LP Tokens.
To get the exact LP Token, you'll need to provide liquidity for that trading pair. So to get ENV-BUSD LP Tokens, you'll first have to provide liquidity for the ENV-BUSD pair.
It may sound intimidating, but it's not too complicated. Let's go through step by step.
It's important to learn how bridging works:
URL TokensFarm:
https://tokensfarm.com/env/lp/1
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