How to Yield Farm with Stablecoins: ‘Parking Lot’ for Dollars that Pays You

how to yield farm with stablecoins
  1. Pool fees: 0.2% on each trade. Depends on trading volumes and how much liquidity you provide
  2. Farming: starts at 0.1% daily (or 36.5% a year). This one is constant and limited by duration only

How It Works

  • The USDTE-USDCE pool
  • Daily returns = 0.1% of liquidity supplied (or 36.5% in APR)
  • Payouts in BIP coin
  • Finishes on: September 1, 2021
how to yield farm with stablecoins USDT and USDC

How to Yield Farm with Stablecoins?

  1. Choose a farming program from the list
  2. Top up your wallet for the necessary amount of stablecoins. You can buy them with any liquid coin/token in Minter Console or BIP Wallet. If you have no coins on the Minter network, you can deposit them from Ethereum using a bridge in Minter Console
  3. Use Minter Console to add liquidity into the pool that participates in the farming program you’ve picked
  4. You’re all set! Starting now, you’ll be getting rewards to your wallet according to the terms of a selected farming program

Useful Links

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Supporting development and adoption of Minter, a digital assets marketplace powered by a fast blockchain. Other social media: minter.org/#follow