πŸ”„ Exchange

BlockFarms is an Automated Market Maker (AMM), and the Exchange is at the heart of PancakeSwap. PancakeSwap is the leading AMM on the BNB Smart Chain, and as statistics tell, the most popular Decentralized Exchange (DEX) ever!

The BlockFarms Exchange offers several features that support decentralized trading:

Swapping/Trading

BlockFarms lets users trade without the need to go through a Centralized Exchange. Everything you do on BlockFarms is routed directly through your own walletβ€”no need to trust someone else with your coins!

Liquidity Pools

You can only swap tokens on BlockFarms if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do so.

Yield Farming

Yield farming lets users that are providing liquidity earn BLFI rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.

Last updated