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

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: https://farming.bakerfi.com/

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

Enter BakerDAO yeild farming page: https://farming.bakerfi.com/

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

How to Farming BKR

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.