30-Day Minswap Farming Test, Updated Daily
There are a lot of resources out there that help estimate whether farming is profitable or not, but like any investment or trading theory, the only backtest that matters is what you've risked and what the result was.
I opened up seven farms, ADADJED, ADAHOSKY, ADAINDY, ADAMELD, ADANTX, ADASHEN, and ADAWMT. The first and only setup was on April 1, 2022. I will share the results here daily.
Please note that the Net ADA, Net $, and Pending Rewards values provided are cumulative figures for the entire period up to the specified date and not daily values.
This means that the Net ADA value for Day 4, which is -23.64, indicates that on Day 4, the total amount of ADA is 23.64 less than the amount that was originally available on Day 1.
Similarly, the Net $ value for Day 5, which is +350.72, means that on Day 5, the net dollar value is $350.72 more than it was on Day 1.
Furthermore, the Pending Rewards figure represents the total sum of rewards that have not yet been harvested, and it accumulates over time until the rewards are claimed.
Day 1 - Day 5
Day 6 - Day 10
Day 11 - Day 15
Day 16
Day 17