Farms
Farms are RobinHoodSwap's liquidity pools. RobinHood loves farms for they store precious and valuable items. Welcome to our answer to LPs. Stake LPs, earn RBH. Simple!
Farms launched successfully on 16 June 2021 and allowed users to provide liquidity to particular trading pairs, in order to support the swapping of it. As users swap for and from tokens, prices are automatically made by the algorithm of the AMM that is built in to PancakeSwap (RobinHoodSwap utilizes PancakeSwap as they are the largest DEX in the BSC). In return for providing liquidity and supporting the ecosystem, you will be rewarded in RBH.
Steps to Start Earning on RBH Farms (or liquidity pools)!
Step 1: Get RBH. You get them via our exchange by swapping BNB or BUSD for RBH.
Step 2: Add liquidity using the "Add Liquidity" page on our frontend. To add liquidity to RBH-BNB pair, you will need both RBH and BNB in equal value (i.e. $1,000 worth of RBH paired with $1,000 worth of BNB at that current time). Adding liquidity awards you a LP token which represents your share of the pool.
Step 3: Head on over to the Farms to stake your LP tokens to start earning RBH. You can only stake LPs in pools which you provided liquidity for. This means that if you provided liquidity for RBH-BNB pool, your LP is specifically for the RBH-BNB pool, and you can only stake it in that Trove.
Step 4: Harvest your RBH!
Farms on Launch
Assets | Multiplier | Deposit Fees |
RBH-BNB | 80x | 0% |
RBH-BUSD | 80x | 0% |
PRV-BUSD | 8x | 3.5% |
PRV-BNB | 8x | 3.5% |
CAKE-BNB | 8x | 3.5% |
BNB-BUSD | 8x | 3.5% |
USDC-BUSD | 5x | 3.5% |
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