Can anyone tell me why creating a LP for CAKE-BNB

Question

Can anyone tell me why creating a LP for CAKE-BNB

and farming it, makes more since then Auto Staking CAKE in the syrup pool? I can't determine how the farm would have a better return

#cake #cryptocurrency #de-fi #english

0

14.12.2021

8 ответов

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Combot

Farming means you are providing liquidity and by staking those LP tokens you get cake. Providing liquidity has rewards of fees plus cake from farm but it has Impermanent loss risk Staking means you just buy cakes and stake them in the syrup pools section in whichever pool you like to stake, while staking cake you either earn cake or other tokens from the pools and it has only price fluctuations risk and no impermanent loss risk

0

14.12.2021

Randy Автор вопроса

Combot
Farming means you are providing liquidity and by s...

I understand that, but I do not see how that particular farm can yield more then then the CAKE Auto Staking Pool

0

14.12.2021

CryptoJack (NEVER DM you First)

Randy
I understand that, but I do not see how that parti...

https://beincrypto.com/learn/yield-farming-vs-staking/

0

14.12.2021