BakerDAO
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  • BakerDAO Index
  • BakerDAO Litepaper
  • V2.0 Use Tutorial
  • BakerDAO System Upgrade Scheme V1.0
  • BakerDAO's Economic Model 2.0
  • BakerDAO Whitepaper V1.0
  • BakerDAO Introduction
  • Announcement
    • 【Cooperation】DogeSwap BSC Chain Now Supports Yeild Farming By BKR(August 30,2021)
    • BakerDAO V1.6 Will Launch At 21:00 Sep. 10th(August 30,2021)
    • Single Token Harvest Fee Ratio Adjustment Announcement(August 21, 2021)
    • 🌞BakerDAO's first AMA alerting🤜(August 11,2021)
    • Opinions collected on 《BakerDAO System Upgrade Scheme V0.8 (Draft)》(July 28,2021)
    • Single Token Harvest Fee Ratio Adjustment Announcement(July 27, 2021)
    • BakerDAO Governance System V1.0 has Launched.(July 25, 2021)
    • Single Token Harvest Fee Ratio Adjustment Announcement(July 22, 2021)
    • Single Token Harvest Fee Ratio Adjustment Announcement(July 20, 2021)
    • Single Token Harvest Fee Ratio Adjustment Announcement(July 11, 2021)
    • BakerDAO early mining user Reward Compensation has been issued notice(June 25, 2021)
    • BakerDAO will compensate BAI (LP) Yeild Farming users(June 22, 2021)
    • BakerDAO Governance currency BKR is officially included by coinmarketcap(June 22, 2021)
    • BakerDAO has issued more than 10 million stable currency BAI(June 21, 2021)
    • BakerDAO has released the detailed configuration document of Collateral Clearing(June 21, 2021)
    • BakerDAO will Compensate BAI (LP) Yeild Farming users(June 21, 2021)
    • BakerDAO is about to start Yeild Farming(June 20, 2021)
    • BakerDAO Yield Farming launched(June 20, 2021)
    • BakerDao Borrow system launched(June 19, 2021)
    • BakerDAO successfully logs into BitKeep(June 19, 2021)
    • BakerDAO Governance Token BKR is about to start global airdrop(June 19, 2021)
    • BakerDAO through CertiK audit(June 18, 2021)
  • Blog
    • BakerDAO Weekly Report:9.27-10.10(October 11,2021)
    • BakerDAO Weekly Report:9.23-9.26(September 27,2021)
    • BakerDAO Weekly Report:9.13-9.21(September 22,2021)
    • BakerDAO Weekly Report:9.6-9.12(September 13,2021)
    • BakerDAO Weekly Report:8.30-9.5(September 06,2021)
    • BakerDAO Weekly Report:8.23-8.29(August 30,2021)
    • BakerDAO Weekly Report:8.16-8.22(August 23,2021)
    • BakerDAO Explanation Ⅳ:The vault of the Borrow system(August 19,2021)
    • BakerDAO Weekly Report:8.9-8.15(August 16,2021)
    • Review of the First AMA | BakerDAO System Upgrade Explanation and Q&A(August 15,2021)
    • BakerDAO Explanation III: Stability Fee(August 13, 2021)
    • BakerDAO Weekly Report:8.2-8.8(August 9,2021)
    • 《BakerDAO System Upgrade Scheme V1.0》development plan and system design(August 7, 2021)
    • BakerDAO Explanation II: Liquidation (August 6, 2021)
    • BakerDAO Weekly Report:7.26-8.1(August 2,2021)
    • 《BakerDAO System Upgrade Scheme V1.0》is Officially Released (July 30,2021)
    • BakerDAO Weekly Report:7.19-7.25 (July 26,2021)
    • BakerDAO Weekly Report:7.12-7.18 (July 19,2021)
    • BakerDAO Explanation I: A Decentralized Stablecoin - BAI (July 15, 2021)
    • BakerDAO Weekly Report:7.5-7.11 (July 13, 2021)
    • Single Token Mining Fee Stepped Rate Plan will be Launched on 11, July(July 10, 2021)
    • BakerDAO Yeild Farming APY up to 1391%(July 08,2021)
    • BakerDAO's Yeild Farming Rewarded has Exceeded Half in Half a Month(July 05,2021)
    • 5 Minutes to Understand BakerDAO(June 20,2021)
  • Liquidation
    • Collateral liquidation and auction
  • Guides
    • Proposal voting guide
    • How to Farming BKR
      • PC version
      • Mobile version
    • How to Borrow BAI
      • PC version
      • Mobile version
  • BDIPs
    • BDIP2: Adjust Stability Fee
    • BDIP1: Adjust Stability Fee and Line
  • Governance
    • Off-Chain Governance
    • On-Chain Governance
  • Audit
  • Liquidation FAQs
  • Social Media
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On this page
  • 1. Link to BSC main network
  • 2. Operation of LP flow mining
  • 1. BKR-BAI liquidity acquisition LP
  • 2. How to mortgage LP
  • 3. How to solve the mortgage problem
  • 4. How to get mining income

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  1. Blog

BakerDAO's Yeild Farming Rewarded has Exceeded Half in Half a Month(July 05,2021)

PreviousBakerDAO Yeild Farming APY up to 1391%(July 08,2021)Next5 Minutes to Understand BakerDAO(June 20,2021)

Last updated 3 years ago

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Monday, July 5, 2021

BakerDAO, the decentralized stable currency agreement of BSC Chain, successfully launched yeild farming at 20:00 on June 20, 2021. Within half a month, it has produced 40,000 BKR mining awards, accounting for nearly 50% of the 100,000 mining awards in the first phase.

The mining course is as follows

1. Link to BSC main network

Open the BakerDAO yeild farming page:

1.Set the link to the main network of BSC and view the current network. If it is not the main network of BSC, click Metamask to switch to the current network as the main network of BSC.

2. Switch to BSC main network

2. Operation of LP flow mining

Taking BKR-BAI LP as an example, this paper introduces the course of LP yeild farming.

1. BKR-BAI liquidity acquisition LP

1.In the BKR trading pair, click the [provide liquidity] button to enter the access LP page.

2. Get LP here

2. How to mortgage LP

Note: all BKR income generated by LP mining will be extracted when mortgage and release are carried out in LP mining.

Note: BAI LP will charge a certain fee for Mining: 0.01 BNB will be mortgaged each time, and 5% or 10% of the mining value (BAI) will be charged as the handling fee when extracting the income.

1.Click in progress to open the mining pop-up window. Click the [authorize BKR-BAI LP] button.

2. Click confirm in Metamask and wait for authorization to complete

3. After entering the mortgage amount, click mortgage, and click confirm in Metamask to wait for authorization to complete

4. After successful mortgage, you will see the number of LP mortgaged

3. How to solve the mortgage problem

1.Enter the quantity to be released and click release. Please confirm and wait for completion

2. After the successful release, we can see the number of LP in the remaining mortgage

4. How to get mining income

Note: during the mortgage and release operation in LP mining, all BKR income generated by mining will be extracted

1.In the revenue section, click the [get revenue] button to confirm the transaction, and then you can get the BKR from the mining. BKR type of yeild farming, free income

For more details, please click the link below

BakerDAO is an upgraded version of MakerDAO running on the coin safety intelligent chain (BSC). It is a multi collateral loan stable currency agreement, which allows users to generate decentralized stable currency BAI by over mortgaging BNB, BUSD, ETH, BTC and other assets. BAI is a decentralized, unbiased, collateral backed, dollar anchored stable currency. BKR is the decentralized governance token of BakerDAO. Users can obtain BKR through mining of BAI, BNB, BUSD, ETH, BTC, HKR and HAI to realize the decentralization of BKR to the greatest extent.

Enter BakerDAO yeild farming page:

https://farming.bakerfi.com/
How to Farming BKR
https://farming.bakerfi.com/