​​Dear Community, DAO1 is pleased to announce that the long-a | Lex & Crypto ✪

​​Dear Community,

DAO1 is pleased to announce that the long-awaited Farming feature is now live on DAO1! We are excited to show you how Farming works on DAO1.

The Farming process:

DAO1 will offer six farming pools
Users will add funds to a liquidity pool of their choice
At this stage, the user becomes a liquidity provider (LP)
The smart contract responsible for the pools will ensure funds are in a position to farm
Users can deposit their LP token receipt into a farming vault and earn additional DAO1 tokens
No deposit fees!

Farming will be live on various trading platforms with farming pools through the trading pairs DAO1/USDT!

The APY will be variable and will depend on volume and the size of the liquidity pool. There will be a higher APY and as the liquidity pool grows larger, the APY will be sustainably reduced.

The link for Farming on DAO1: farm.dao1.org

If you have any questions please feel free to reach out.

DAO1 Team