Yield Farming

Yield Farming on Minswap

The process of yield farming for rewards is straightforward thanks to the great user interface on the Minswap DEX.

By following these steps, you will lock in your liquidity into the yield farms and earn not only transaction fees from the liquidity pool but also yield farming rewards that are being offered by the pool.

In this example, we are going to assume that you already have liquidity in a pool that offers yield farming rewards. In this case, it is the ADA/MIN trading pair.

Total Time: 14 minutes

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Navigate to Your Liquidity

From the top navigation menu, navigate to Earn > Liquidity to see what liquidity you have on the DEX to lock into a yield farm. If you don’t have any liquidity on the DEX, please see our other tutorials on how to add liquidity to a pool on Minswap.

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Navigate to Farming Options

If you already have liquidity on the DEX, navigate to Earn > Farm. Here you will be presented with all the pools that have farming options.

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Choose a Farm to Stake

From the Farm screen, you will see all of the pools that have farming options. If you don’t have liquidity added to a pool yet, you may choose from this screen to add liquidity directly.

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Choose Amount of Liquidity to Stake into Farm

On this screen, choose the amount of liquidity pool (LP) tokens you wish to lock into the pool to start yield farming. You have 4 predefined options or you can type in your own custom amount of LP.

Click Stake to continue.

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Confirm, Sign and Submit

Check over the details and enter your signing password. Click Sign and Submit to continue.

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Check Your Status

Success!

Once you have signed and submitted your transaction, wait a few minutes and you will see the amount of value you have currently staked to the farm.

You can check from the top navigation Earn > Liquidity and navigate to Your Farm to see your current farming positions on the DEX.

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Farming on Minswap is overall fairly easy, only taking one transaction to lock in your liquidity to the DEX and start earning rewards.

There are many ways to optimise your earning potential when it comes to yield farming. Be sure to check out our other resources regarding optimisation of your yield farming rewards.