3.1.4. Staking and Farming
DeFiGram.io recognizes the significant role that staking and farming play in the DeFi ecosystem, as they provide users with opportunities to earn passive income while contributing to the platform's stability and growth. To facilitate this process, DeFiGram.io offers a user-friendly staking and farming feature that caters to both seasoned DeFi users and newcomers alike.
Staking on DeFiGram.io allows users to lock their crypto assets into a smart contract for a predetermined period. In return, they are rewarded with a proportional share of the platform's native token or the staked token's rewards. This not only incentivizes users to hold their assets for an extended period but also helps secure the underlying blockchain network by promoting decentralization.
Farming, also known as liquidity mining, is another essential aspect of the DeFi ecosystem. DeFiGram.io enables users to provide liquidity to our decentralized exhange (DEX) by depositing their tokens into liquidity pools. By doing so, users earn a portion of the trading fees generated on the platform, as well as additional rewards in the form of the platform's native token or other project tokens. This encourages users to actively participate in the platform's growth while earning passive income.
DeFiGram.io's staking and farming features are designed to be intuitive, with detailed information and analytics available to help users make informed decisions. Users can quickly view the available staking and farming pools, their respective yields, and the assets they can stake. Additionally, the platform ensures that users can easily track their staking and farming rewards, making it simple for them to manage their passive income streams.
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