RE: RobiniaSwap Blokfield.INC: a Defi approach towards earning passive income

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RobiniaSwap Blokfield.INC: a Defi approach towards earning passive income

in hive-175254 •  3 years ago 

First of all very nice update given by you , but I am still confused how to mine the rbs. If you have any information regarding the same I definitely love to know about it.

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Hi, @adityajainxds thanks for your comment.
Her's The thing, in YIELD FARMING. The concepts are basic and not complicated as it maybe seen at a glance. However, "mining" as a vocab is more likely to be applicable to POW (proof of work) that includes actual GPU force to generate revenue.
Although, in This case. We as Lp's we're not providing any concrete power. It's the power of The assets that its put in motion.
Therefore, you'll be dealing with 2kind of rewarding mechanism

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.

And that's it. It's basically stacking but what you're holding is is ALIVE not frozen in a wallet

Solid comment @racemlaadhar

Thank you @crypto.piotr