Yield Farms
Yield Farms enable users to stake Liquidity Pool (LP) tokens in order to earn FSX on FusionX Finance. The LP tokens are obtained by contributing tokens to liquidity pools to facilitate trading. Each farm offers a specific Annual Percentage Rate (APR) which is determined by factors such as the value of LP tokens, reward multiplier, and the price of FSX
Yield farming can give better rewards than single-asset staking pools, but it comes with a risk of Impermanent Loss. Itβs not as scary as it sounds, but it is worth learning about the concept before you get started.
Check out this great article about Impermanent Loss to learn more.
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