FAQ

Why are there multiple APRs?

In DerpDEX, you can provide your liquidity to earn the trading fees of the pool, and you can get additional rewards from our farming pool.

There is benefit of using DerpDEX pools, that providing extra incentive to LPs, while it is able to offset the risk of impairment loss and earn higher % rewards.

Therefore, there is combination of APRs with Base APR (trading fees) and Farm APR (Yield Farming incentive) in DerpDEX.

What happens if my liquidity position goes out of range while staking in the Farm?

In DerpDEX farming pools, we are moving the user position to our farming pools that allowing fully utilised by the pool. It encouraged the liquidity providers can enjoy the trading fees and farming rewards all the time while staking into the pool.

How many position I can stake in one single farm?

As much as possible. There is no maximum limit of the positions you can stake in a farming pool.

How often should I harvest my rewards?

How often you harvest your rewards is up to you, but it does help to remember that there is an small incentive (1% of the rewards) to encourage users to harvest.

Fees of using farming pools?

DerpDEX team will take 1% cut of the trading fees when users unstake their positions. Also, remember that we have 1% additional rewards for harvesting. Whoever is harvesting can get extra 1% of the harvesting rewards of the pool.