How to Farm
In this guide, we'll go over how to get started farming through the Common web app.
Last updated
In this guide, we'll go over how to get started farming through the Common web app.
Last updated
To begin farming, we first have to enter the "Pools" tab and choose a liquidity pool with an active farm. Before we get into the individual steps, consider the APR of the various pools Common offers, the LP tokens accepted for farming, and the APR of the farm itself.
Once you’ve chosen a pool/farm of interest, deposit your crypto assets into the pool. To learn how to deposit funds into the pool, be sure to check out Common Guide: Explaining Liquidity Pools. After you add your funds, you will receive LP tokens.
Once you are part of a liquidity pool that provides farming capabilities, you can proceed with farming by clicking the "Start farming" button.
A pop-up will appear explaining your position on the farm and your accompanying assets, as well as a network fee for joining. To proceed, click "Start farming."
Next, sign the transaction.
You are now farming! Although some yield-farming strategies do have lockup periods, Common's farms do not. You can withdraw your LP tokens at a time of your choosing after which you’ll receive your share of rewards for the amount of time your LP tokens remained deposited. You can do this by clicking the "Stop farming" button.
To learn more about the Common web app, be sure to check our other guides on:
