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FAQ
Frequently Asked Questions
TokensFarm is a cross-chain Farms-As-A-Service provider offering deployable farms that can be live within hours. It provides an easy-to-use interface, allows projects to incentivize liquidity, and strengthens token and project stability while gaining exposure to TokensFarm hundred of thousands of followers and users. TokensFarm supports all EVM chains & DEXs and doesn’t require coding or integrations.
At the same time, it enables crypto investors to have a one-stop shop to earn a yield on different tokens, lowering the entry barrier to DeFi space.
TokensFarm was established during the summer of 2021 by the Decentralab Team. Dcentralab was founded in 2017 to create an ecosystem of on-chain products designed to accelerate blockchain mass adoption. To date, we’ve developed four different products, including ChainPort and TokensFarm. Decentralab’s products produce value, increase transparency, and lead the decentralized revolution.
TokensFarm puts a heavy emphasis on security and understands its profound importance. TokensFarm’s contracts have undergone a minimum of two independent audits. These audits were conducted by the biggest names in the world of blockchain security.
TokensFarm supports all leading blockchains and DEXs. Supported chains include Ethereum, and most EVMs, while supported DEXs include PancakeSwap, Uniswap, and Quickswap. TokensFarm will add additional DEXs and chains in the future.
TokensFarm supports all popular wallet options. Supported wallets include Metamask, Ledger, Trezor, Coinbase Wallet, and many others.
Yield farming is an investment strategy based on DeFi (decentralized finance) to maximize cryptocurrency returns. Returns for yield farming are generally calculated in annual percentage yields or APYs.
The Dynamic APY calculates and adjusts the APY based on the number of farm participants and the number of tokens or TVL locked.
The fewer participants a farm has, the greater the rewards. Dynamic APY also works in vice versa, and the larger number of participants a farm has, the lower the APY.
Total value locked or TVL is the number of user funds a DeFi protocol holds, usually in a USD equivalent. These funds may be locked in a protocol for different functionalities such as lending, staking, or providing liquidity. TVL is calculated by multiplying the number of tokens vested by their value in USD.
All forms of investment contain risk. With yield farming, the most significant risks are smart contracts exploits, gas costs, and impermanent loss. If not appropriately audited and secured, smart contracts can face exploits and hacks by bad actors. Gas costs or Tx fees can become expensive on specific blockchains at certain times, cutting profitability.
Impermanent loss can also affect farmers. When farmers provide liquidity to a token pair on a DEX, one of the tokens can shift sharply in value. If that occurs, it negatively affects the farmers' returns.
Staking farms are a smart contract protocol available on TokensFarm. On staking farms, users receive rewards in the form of tokens for staking a specific token on the protocol. The rewards are provided by the farms' creators and are usually a crypto project. Typically the rewards are in the form of the token required for staking, although projects may select other tokens.
The token rewards are supplied by the crypto project or entity that launched the farm.
Currently, there are no minimum or maximum staking amount limitations on TokensFarm.
Different farms have different time requirements for withdrawing tokens while staking. Please check the farm where you wish to stake tokens for requirements before staking.
The staking rewards depend on the project that has set them. Typically the rewards are in the form of the same token staked, although a project can choose a different token.
Farmers will receive their staking rewards as soon as the minimum staking time requirements have been completed. Each farm has different requirements for minimum staking time, so check the farm’s information before staking.
You can either restake the rewards you’ve received or withdraw the funds. Should you withdraw the funds, the smart contract will send your funds to the wallet you’ve connected.
After minimum staking requirements are complete, farmers can choose to restake rewards or withdraw them.
Yes. As long as all requirements have been met, you can withdraw rewards and keep staked tokens staked.
While in the past, DEXs relied on order books, all modern DEXs rely on AMMs or automated market making. AMMs require two equal pools of a token pair (e.g., WBTC/USDT) for a token pair to be tradable. Individuals and not the DEX provide liquidity for token pairs.
Providing liquidity is a type of DeFi-based investment strategy. Individuals can provide liquidity on any DEX for any token pair. In exchange for liquidity, these individuals receive LP tokens representing their stake in the liquidity pool.
Impermanent loss is a hypothetical loss called an unrealized loss. This unrealized loss occurs when one of the tokens in the token pair experiences extreme volatility. When this volatility occurs, it would hypothetically be more profitable to hold the tokens. A liquidity provider may still make a profit when experiencing impermanent loss, but it wouldn’t be as great as buying or selling.
LP tokens represent a liquidity provider's stake for a specific pair on a DEX. The DEX requires the LP tokens when a liquidity provider wants to withdraw their liquidity from a pool. Liquidity providers can also stake their LP tokens on TokensFarm in exchange for rewards.
Typically crypto projects deploy LP farms on TokensFarm to ensure continuous liquidity on DEXs. As such, the projects provide rewards.
Yes. You will still receive fees from trades on the DEX in addition to the LP farm’s rewards.
LP tokens are generated by the DEX when an individual provides liquidity. The LP tokens represent the share of liquidity the provider has lent to the DEX. LP tokens have no real value besides being used to withdraw liquidity or represent their share. TokensFarm offers rewards in tokens when certain LP tokens are staked.
Different farms have different time requirements for withdrawing LP tokens while staking. Please check the farm where you wish to stake LP tokens for requirements before staking.
Different farms have different time requirements for withdrawing staking rewards. Please check the farm where you wish to stake tokens for its requirements before staking.
The smart contract will send your funds to the wallet you’ve connected.
Yes. The tokens staked and the rewards are different types of tokens. LP tokens aren’t widely tradable, while the reward tokens are.
Vesting contracts release the portion of tokens belonging to either the projects team, advisors and/or early investors. Projects can choose between three different types of release schedules in TokensFarm’s vesting contracts.
Simply connect your wallet to the contract to see if you’re eligible.
There are three different ways to distribute tokens with TokensFarm’s vesting contracts. In Airdrop, all tokens are released at once to all addresses. There are also linear and iterative releases that release tokens in a certain period or according to an algorithm. In addition, tokens from the vesting contract can be released on different chains. All vesting contracts are fully customizable and adaptable to crypto projects' needs.
Some users may wish to withdraw their funds early if a project has set a specific time frame for vesting, such as a linear or iterative release. Projects can allow users to do so, implement a form of penalty such as a “cool off” period, or deny their request.
Partial funding is a functionality that allows a project to place a portion of its vesting rewards in a contract. The minimum required funding is 5% of the total vesting amount. The team can later add more tokens to the smart contract during the vesting period.
Partial funding enables projects to use their tokens for other usages. Additionally, crypto projects can use it to present a lower circulating supply or avoid unlikely contract issues. Distribution will cease if the tokens within the contract have been depleted before the scheduled end of the contract. The reactivation time and costs of the contract are identical to the launch of a new contract.
Yes. We accept all major stablecoins as well as bank transfers.
Yes. The cost is $2000, which is payable in USDT and USDC. Simply contact the TokensFarm team and let us know the duration you’d like to set.
Unfortunately no. However, a project can choose to deploy a new farm.
A farm can go live within a few hours after completing the payment and filling in the specifics.
Yes. While LP farms may be irrelevant, you may launch a staking farm on TokensFarm.
Simply fill out one of the forms below and stay in touch with TokensFarm’s team.
No coding is required to launch a farm. TokensFarm’s team will deal with all technical aspects.