How to do Farming in Unos Finance: A complete guide for yield farming

Yield farming , likewise alluded to as liquidity mining, is an approach to produce compensations with digital money possessions. In basic terms, it implies securing cryptographic forms of money and getting rewards. 

In some sense, yield farming  can be resembled with marking. Nonetheless, there’s a ton of multifaceted nature going on out of sight. As a rule, it works with clients called liquidity suppliers (LP) that add assets to liquidity pools. Yield farming is one of the best ways to make more money in cryptocurrency.

UNOS provide 2 types of farming to all, those are

  •  Farming 1(Rewards basic)
  •  Farming 2(Fees basic)

lets know about the 2 types of farming, how its work, how you can do farming, what are the benefit and what are the difference between them.

Farming 1(Rewards basic)

This is the basic farming dapps  of UNOS. in this farming dapps anyone can stake any amount, there is no minimum limit. in this farming dapps there is a bonus of 55 UNOS token everyday thats mean 1650 UNOS token in every month and 19800 UNOS token in a year. All of this token will be given to all of them who do a stake in this farming dapps. It’s completely under blockchain.

how to do farming in this farming1 dapp

Anyone can be farming their resources(Funds) in farming1 dapp just follow three simple steps

Step 1 : you have to go to UNISWAP. then you have to do liquidity(LP) your resources(Funds). liquidity(LP) should be done 50% in Ethereum and 50% in UNOS tokens.

Step 2 : Go to the UNOS.finance then go to the farming page. In the farming page you should approve your liquidity(LP) by the company for farming in this company.

Step3 : When your liquidity(LP) is approved, you will see the farming button in that place where you see the approve button. Now you have to click that button to start farming.

Farming 2(Fees basic)

In this Farming dapps anyone can stake minimum 100$ resources and that would be 50% Ethereum and 50% UNOS. in staking charge of this dapps is 5% of the total amount. While unstaking charge 10% of the total amount. So when someone stake or unstake their token from this farming dapps they will charge  that amount, and it will be Distributed to all other people who have already stake their resources(Funds) in this farming dapps. It’s completely under blockchain.

how to do farm in farming2 dapp

Anyone can be farming their resources(Funds) in farming2 dapp just follow three simple steps

Step 1 : you have to go in UNISWAP.

then click on Add Liquidity

then enter your Liquidity amounts, and should be 50% in Ethereum and 50% in UNOS tokens.

once you got your LP token, you can see on your meta mask wallet like this

Step 2: Go to the UNOS.finance then go to the farming page. On the farming page, you should approve your liquidity(LP) by the company for farming in this company.

Step 3: When your liquidity(LP) is approved, you will see the farming button in that place where you see the approve button. Now you have to click that button to start farming.

Once you stake your LP Token, The LP token will be locked for 30days from your recent stake date.

Difference between Farming1dapp and Farming2 dapp

Amount of resources (Funds)

  • In farming1 dapp there is no minimum limit of resources. So anyone can farm any amount of resources in this dapp.
  • In farming2 DApp there is no minimum amount to stake. So anyone can stake any amount like $100 or more resources (Funds).

Amount of rewards

  • In farming1 dapp the reward will remain the same 55 UNOS tokens per day.
  • In farming2 dapp reward depends how much resources(Funds) do stake or unstake in that particular day.

Cost of farming

  • In farming1 dapp we do not charge any kind of amount.
  • In farming2 dapp there is a charge of 5% on staking and 10% on unstaking the resources(Funds).

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