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FARM What is Yield Farming?
One of the go-to strategies that cryptocurrency
investors lean towards has been yield farming.
This is due to yield farms offering a means to
generate passive income. Crypto yield farming
is the process of lending cryptocurrencies to an
exchange or protocol in return for high feest,
otherwise referred to as yield. Your digital assets
are put to work through liquidity mining in a
liquidity pool. The yield will typically be paid out
in crypto. It requires a liquidity pool as well as a
liquidity provider.
With the launch of the PunkPanda Farm,
PunkPanda token (PPM) holders now can earn
the same passive rewards for staking PPM. The
PunkPanda token acts as a share of ownership
for the app community and all revenue streams
that exist within the protocol. The token has a
portion reserved for staking rewards in the early
period to encourage holding versus selling, as
well as various upgrades inside the system,
such as access to encrypted File Sharing, Video
Conferencing, and Storage Vault. In addition,
the token can also be used as a currency in the
upcoming PunkPanda game, where massive
amounts of NFTs will be traded and sold.
Use Invite Code:
88574702
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