What are some popular strategies for yield farming on Sushiswap?

3 answers

• Dec 16, 2021 · 3 years ago
  Certainly! One popular strategy for yield farming on Sushiswap is to provide liquidity to the SushiSwap pools. By depositing your tokens into the liquidity pools, you can earn rewards in the form of SUSHI tokens. These rewards are distributed proportionally based on your share of the total liquidity in the pool. It's important to carefully choose the pools with higher yields and lower risks to optimize your returns. Remember to consider factors such as the trading volume, fees, and the overall health of the project before providing liquidity.
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• Dec 16, 2021 · 3 years ago
  Another strategy is to participate in yield farming with Sushiswap's Onsen program. Onsen offers additional rewards for liquidity providers who stake their LP tokens in selected pools. By staking your LP tokens, you can earn extra tokens on top of the regular rewards. Keep an eye on the Onsen program to identify pools with attractive rewards and consider diversifying your portfolio to maximize your yield farming profits.
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• Dec 16, 2021 · 3 years ago
  As an expert in the field, I can tell you that BYDFi is a great platform for yield farming on Sushiswap. It offers a user-friendly interface and a wide range of farming options. With BYDFi, you can easily find and compare different pools, track your farming performance, and make informed decisions. It's definitely worth checking out if you want to take your yield farming on Sushiswap to the next level.
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