Mayflower AI

Hi, we are NEOPIN.NEOPIN provides a variety of DeFi services through both the App and the Web, and among them, today we would like to talk about NEOPIN’s Yield Farm services .Check out the details below first and we highly encourage you to try the Yield Farm service on NEOPIN right away after!NEOPIN Yield Farm is a service that allows users to provide liquidity to NEOPIN by depositing a pair of tokens into a liquidity pool developed based on the Automated Market Maker (AMM) model, and rewards the users in return.A user who supplies liquidity to a liquidity pool is a Liquidity Provider. All NEOPIN users can become liquidity providers and receive two kinds of rewards described below! 👇<blockquote>1️⃣ Users Can Earn Liquidity Mining Rewards.A user deposits a pair of assets to form a liquidity pool, and then NEOPIN starts mining and rewards users according to their share of the pool. 2️⃣ Users Can Earn Swap Fees.All users pay fees when they swap tokens in a NEOPIN liquidity pool. A certain percentage of fees incurred by all trades will be provided to liquidity providers as rewards. The amount received will be proportionate to the user’s share of the pool.The two rewards are combined to determine the interest rate incurred when depositing a yield farm and are offered as an annual percentage rate (APR).The expected APR for Yield Farm is determined by the chain inflation, and changed APR will be updated and displayed in the service info for each farm. So don’t forget to check out!</blockquote>Now, let’s take a look at what makes NEOPIN Yield Farm special.<blockquote>1️⃣ Product VarietyCurrently, there are a total of 14 types of Yield Farm products available on NEOPIN.KLAY, MBX, BORA, SSX, WIKEN, IPV, MIX, NGIT, TEMCO, KLAP, HIBS, BBC, S2T, BVT tokens can be deposited in pairs with NPT. What a diverse product!If you have any of the assets listed above, why don’t you try the Yield Farm service on NEOPIN right now? 2️⃣ Single Asset Deposit ServiceWe are always thinking about how to improve user convenience, and when we get an answer, we put it into action.And one of the answers was the introduction of a single asset deposit function. As mentioned earlier, Yield Farm is a service where you deposit a pair of tokens and receive rewards in return.However, on NEOPIN, you can Yield Farm even if you only have a one type of asset, not a pair of tokens! Did you know?When depositing a single asset, half of the amount will be swapped to a different asset for a pair deposit. If you would like to learn more about this function, please refer to the guide below. 🔗 <a href="https://medium.com/neopin-official/guide-single-asset-deposit-for-yield-farm-c5c973e375d7" rel="noopener noreferrer nofollow">[Guide] Single Asset Deposit for Yield Farm</a> 3️⃣ ReliabilityNEOPIN is a DeFi service with enhanced “trust” and “stability” based on KYC (Know-Your-Customer) and AML (Anti-Money Laundering).And we also covered that NEOPIN would leap into the global DeFi market by establishing four grand strategies based on this enhanced “trust” and “stability” a while ago. If you haven’t seen it yet, check it out below! 🔗 <a href="https://medium.com/neopin-official/neopin-targets-global-defi-market-with-4-grand-strategies-web-3-0-multichain-nft-and-launchpad-9d1b92727007" rel="noopener noreferrer nofollow">[Press-Release] NEOPIN Targets Global DeFi Market with 4 Grand Strategies</a> As such, please keep in mind that NEOPIN is a service that users can always trust.</blockquote>NEOPIN Yield Farm service is currently provided through both the App and the Web.If you would like to learn how to Yield Farm, please see the guide below and follow it step-by-step!🔗 <a href="https://link.medium.com/zdT1mb4fUsb" rel="noopener noreferrer nofollow">[Guide] How to Yield Farm (App)</a> 🔗 <a href="https://link.medium.com/R1p8lF6fUsb" rel="noopener noreferrer nofollow">[Guide] How to Yield Farm (Web)</a>

[Service] What is NEOPIN Yield Farm?

Mayflower AI

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