Farming

Yield farming is a passive income generation method that allows investors to earn rewards or interest payments by locking their DeFi tokens on a platform. This approach allows investors to receive income while their tokens are immobile. The most attractive aspect of yield farming is the potential for high yields, with many platforms offering double-digit annual returns. This return on investment is significantly greater than the returns of conventional fixed-income investments.

You may be wondering how yield farming differs from Proof of Participation (PoS) mining. Unlike mining, yield farming does not involve "miners" because the tokens are not mined. Instead, liquidity providers (LPs) are an essential part of the yield farming process. They add liquidity to the pool, and in return, they receive rewards or interest payments.

The interest earned in yield farming is typically expressed in annual terms. For example, a yield farming that pays 3% implies that the investor will receive a 3% return on investment after one year. There are two primary metrics used to calculate annual returns, and at Pepe Wallet, we use APR (Annual Percentage Rate). APR operates on a simple interest basis, which makes it easy for investors to understand and calculate their earnings.

At Pepe Wallet, we are committed to bringing traditional financial services to the cryptocurrency market, and yield farming is just one of the ways we achieve this goal. Our yield farming system enables you to increase your DeFi token holdings and expand your investment without having to exert additional effort. So why wait? Join Pepe Wallet Farming today and begin earning rewards!