Blacksail Finance
  • About Blacksail Finance
    • What is Blacksail Finance?
    • Compounding Rewards
    • Harvester/Compound Events
    • Blacksail Vaults
    • SAIL Token
    • SAIL Bonding Curve
    • SAIL Curve Leveraging
    • SAIL Whitelist
    • Blacksail Parlays
    • Anti-Whaling Policies
    • Protocol Revenue
    • Audits
      • SolidProof.io
      • In-House Audit
    • Blacksail Contracts
    • Risks
    • Mission Statement
    • Letter to the Community
  • FAQ
    • Partnership Inquiries
    • Where Do Rewards Come From?
    • What is a Bonding Curve?
    • What is Liquidity Staking?
    • What are LP Tokens?
    • What is a Yield Aggregator?
    • What is Yield Farming?
  • Tutorials
    • Bridging from Fantom to Sonic
    • Connecting to Sonic on Metamask
  • Resources
    • Media Pack
  • Links
    • Website
    • Twitter
    • Discord
    • Telegram
    • Merch Store
Powered by GitBook
On this page
  1. FAQ

What is Yield Farming?

Yield farming involves providing liquidity to a pool and then staking the LP tokens you receive in return. This strategy focuses on maximizing the yield from staking crypto, typically by depositing liquidity into an Automated Market Maker (AMM) protocol. Unlike centralized exchanges that rely on order books, DEXs use AMMs—smart contracts that facilitate decentralized liquidity for crypto traders.

PreviousWhat is a Yield Aggregator?NextBridging from Fantom to Sonic

Last updated 5 months ago