{"id":1081,"date":"2022-03-02T16:26:22","date_gmt":"2022-03-02T16:26:22","guid":{"rendered":"https:\/\/help.gamespad.io\/?p=1081"},"modified":"2022-08-29T07:52:40","modified_gmt":"2022-08-29T07:52:40","slug":"how-to-farm-gmpd-lps-tokens","status":"publish","type":"post","link":"https:\/\/help.gamespad.io\/how-to-farm-gmpd-lps-tokens\/","title":{"rendered":"How to Farm $GMPD LPs Tokens"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"$GMPD LPs Farming\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/WkM7T9nAhVw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Yield farming involves staking or locking up LP tokens in a smart contract-based liquidity pool. Simply put, you lock your tokens in the protocol and you receive rewards. Yield farmers can earn from transaction fees, price appreciation, high yield, etc. Estimated yield farming returns are calculated annually, thus approximating the returns you would expect to gain over the course of a year.\u00a0 Commonly used metrics for the rate of returns include APY\/APR, with APY including the effects of compounding interest and APR excluding. Yield farmers can bring investors a good profit. Instead of just having your cryptocurrency stored in a wallet, earn more crypto by yield farming.<\/p>\n\n\n\n<ol><li>&nbsp;Go to <a href=\"https:\/\/app.gamespad.io\/\">app.gamespad.io<\/a>. To start farming, go to<strong> Pools &gt; Farming Pool <\/strong>in the sidebar.&nbsp;<\/li><\/ol>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/bl30wwwIssRtdPAvDWslty7wStIZMuJMbC2SFgYqx60t3CA41i0zh8fuJpXlCou33IaQTlC4Eunx5cOeTIVd0NmOfHEpHTu8hjJFbXYIqbhwdlXtz_Qgaa11AhTAdmXPGrbebOOi\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/A0wcxI3fg1DiBGWHcyOTtj0QHYLE8Z9zGzOJON9VFAcFB9rlJnb4te3qMAjANlb3urLv-hHvdKWbwsY4j6KNlShg3NGnSFQ6iPNhruIfX9j5yY_xSbUxj0B-kBFa0-8Cr3vhPKEg\" alt=\"\"\/><\/figure>\n\n\n\n<ol start=\"2\"><li>Click on the box to access the extended version of the pool.&nbsp;<\/li><\/ol>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/eEtM_hhiJtk-rTPDoLlJ7xr0OnailJiuIjtKjmaoSKMd8Sfn87F48vL96k6j4jkuf0uGzgrsjgvHeUJhJ49FeKxkD7dXsK5Q2ex_8a2FdVstzE80B8BPnX8AiIFt-DWyZj5vAHmI\" alt=\"\"\/><\/figure>\n\n\n\n<p>3. On the right, in the <strong>\u201cDeposit\u201d <\/strong>section, type in any amount of BUSD or hit \u201cMAX\u201d.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/znPEl_ZEuZcx1ZCXSDgC-0M_AlBtcnZKpf1ETk2XgtqTE26B2emHaChUwHALxFIsj3pOGpGOyWoi5qs_nOSgxsA85I6SBNQeyOpK4oBKCjPBb0YnovOnsyC1aJ7wBd_ZYQoLk7N5\" alt=\"\"\/><\/figure>\n\n\n\n<p>4. Press <strong>\u201cApprove\u201d.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/0nfAUOePxPfJly61IgNrv2vz0c7DAAOkzp1ZFTNyVSvnKVFw1uQjHfrSXr4LgEqBsIjz5WQDF7hViui4M8phGrhwsao5fwywp4iN4Vk6zCviLswuiNN-ybhlgxIHlBlsRTlhHjsr\" alt=\"\"\/><\/figure>\n\n\n\n<p>5. Press <strong>\u201cConfirm\u201d <\/strong>in your MetaMask wallet.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/WTmOCf2kkqLarNnBEGL397ji94ss1iMu1_3CUYqMevh-kdKKdVZ9jHKlPcRazylNhco9Dj12OEE-f7OZlsHvJ5do0EgPGEQTnd96t8UbrA20KxjZd2lc3lS2VjkEp9qejb4X__UX\" alt=\"\"\/><\/figure>\n\n\n\n<p>6. Please wait patiently, then click <strong>\u201cOK\u201d &gt; \u201cDeposit BUSD\/GMPD LP\u201d.&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/9vOoJEOvWz-JTHBFlmOnqi2MRHxtywLyIv-23pqZhd6DrLAx4kEBUBzSDQjZnBNbYx6meeTUVpBfYqjdWcRtWVmQBmly0A3jJGK52q2CAtjxa_lE4KL9SFu8iWzydJ7TImdTDv0n\" alt=\"\"\/><\/figure>\n\n\n\n<p>7. Confirm the final transaction in the wallet and then<strong> click \u201cOK\u201d<\/strong>.<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/lh6.googleusercontent.com\/40TAQg8FlhUdaha0SqAoTzUAbvniDw3LQnHYeF8plOYQZKX1WGJN8Q3EYaaFcjaNlqabF8v23Dv0mery9A4KyaWH4weCthr2-FK30lpec-VKBMkFGWYm0EVfKhpokDmrQBMpLhIe\" width=\"624\" height=\"333\"><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/gzqO4cAsd5lTwWPis9UM6UMlvX7J9tL4cMiKiMmnaWNAmgzffWPKvs2QFqR8z0iESQDIZiRtjMY9LUYnO6c6qljTMCqpx6b_gYs-ASrAFSQvfwAA5qbSAOlVJo2M4ZLpGSLCxn-d\" alt=\"\"\/><\/figure>\n\n\n\n<p>Ready!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yield farming involves staking or locking up LP tokens in a smart contract-based liquidity pool. Simply put, you lock your tokens in the protocol and you receive rewards. Yield farmers can earn from transaction fees, price appreciation, high yield, etc. Estimated yield farming returns are calculated annually, thus approximating the returns you would expect to gain over the course of a year.\u00a0 Commonly used metrics for the rate of returns&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/posts\/1081"}],"collection":[{"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/comments?post=1081"}],"version-history":[{"count":2,"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/posts\/1081\/revisions"}],"predecessor-version":[{"id":1168,"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/posts\/1081\/revisions\/1168"}],"wp:attachment":[{"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/media?parent=1081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/categories?post=1081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/help.gamespad.io\/wp-json\/wp\/v2\/tags?post=1081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}