Step by step guide to start Yield Farming with WhatToFarm tool
DeFi is one sector of the crypto world that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.
When we talk about DeFi, often we mention Uniswap, SushiSwap, and PancakeSwap. These big protocols exist on Ethereum, Binance Smart Chain, and Polygon. For all of these blockchains and all DEX pools to function well and allow large trades, it needs to have large liquidity pools. Liquidity Providers, in other words farmers, can be anyone who is able to supply equal values for 2 tokens to an exchange contract.
The Yield Farming movement was launched just less than a year ago. Farmers got used to their advantage by providing liquidity in exchange for getting a fee. But, the problem is that all crypto farmers know how difficult it is to get true liquidity data.
That is why our team has made the useful WhatToFarm tool to help other farmers.
Why we?
We are not only a team of professionals, we are farmers as well.
Our mission is to get true liquidity data from all blockchains (MATIC, BSC, Ethereum etc.) and all DEX pools in real time.
It has not been done by anyone before.
We have already developed a budding ecosystem including an analytical portal with data from all blockchains in real time and integrations are coming thick and fast. In only its first 2 months, the WhatToFarm tool has already achieved significant volume.
How can you earn X fast?
Here are some instructions to get started Yield Farming.
Disclaimer
These instructions should not be relied upon or the basis for making any investment decision or be construed as a recommendation to engage in any transaction or be construed as a recommendation of any investment strategy.
Do Your Own Research.
1/ Launch WhatToFarm APP
2/ Select the filter needed to the left of the site
«NETWORKS»
«NEW»
«HOT»
«GROUP»
and etc.
3/ Sort by transactions (TXs) for the past 5 min / 30 min / 1 hour / 24 hours.
The more transactions, the more users use it.
4/ Sort by Liquidity for the past 1 min / 1 hour / 1 week / 1 day.
The more liquidity, the more users use it.
You can sort either (transactions + liquidity) with a period like you prefer.
It depends on your strategy.
5/ Choose what pool you like.
When you choose a pool, do not forget to check out the social media of this project to be sure the project works well.
(website, twitter, telegram etc.)
6/ Before launching into farming, try testing on a small amount
How to find new tokens?
The less transactions and liquidity, the more risk to use it. But more chances to earn X fast.
1/ Launch WhatToFarm APP
2/ Click the filter
«NEW»
3/ Sort by «No Liquidity (0 — $30k)».
4/ See all new tokens released.
5/ Sort by transactions (TXs) for the past 5 min / 30 min / 1 hour / 24 hours.
6/ Sort by Liquidity for the past 1 min / 1 hour / 1 week / 1 day.
You can sort by transactions (TXs) or liquidity with periods like you prefer. It depends on your strategy.
We hope this article will help to start using the WhatToFarm tool effectively!
