Alien'sFarm
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  • Alien'sFarm
  • Get Started
    • Create a Wallet
    • Connect Your Wallet to Alien'sFarm
    • Where to Get Tezos (XTZ)
    • 🚜How to Yield Farm
    • How to Vault (coming soon)
    • How to Reinvest (coming soon)
    • How to Refer a Friend
  • Where to Get PAUL Tokens
  • Referral Program
  • NFT (coming soon)
  • Alien's DEX
  • FAQ
    • What is Yield Farming
    • How Profitable is Yield Farming
    • What is a Compound
    • Is Yield Farming Safe
    • How do I Become a Yield Farmer
    • What is Vault
    • What is Reinvest Mechanism
    • Why Users will Interact with Reinvest
    • What is a Referral Program
    • What is a Referral Bonus
    • How does the Referral Program Work
    • Why do my operations (transactions) show so high cost for Storage fee
  • Tokenomics
    • PAUL Token
    • PAUL Tokenomics
    • PAUL Supply
  • GitHub
  • Telegram
  • Twitter
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  1. FAQ

How do I Become a Yield Farmer

The first step in yield farming involves adding funds to a liquidity pool, which are essentially smart contracts that contain funds. These pools power a marketplace where users can exchange, borrow, or lend tokens. Once you've added your funds to a pool, you've officially become a liquidity provider. The next step is to stake your LP tokens in farming pools.

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Last updated 4 years ago

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