Introduction to Easy Farms
What is Farmly Easy Farms?
Farmly Easy Farms allows users to farm on platforms that provide concentrated liquidity (Uniswap V3) with a single click by setting the upper and lower price according to predefined strategies.
According to the strategy, the liquidity price range is set according to pre-defined conditions. How these strategies work and how they are backtested is explained in the documentation.
How does the process work?
When the user deposits his money, he receives the corresponding Easy Farm's share token in return. At any time he can come back and withdraw his liquidity in exchange for the share token.
What is Share Token?
The share token represents the user's share of the liquidity. When the user deposits his money, it is minted in the user's wallet according to the liquidity status at the time of deposit, so that the user joins the corresponding Easy Farm and starts farming according to the Easy Farm's strategy.
When the user wants to withdraw his money, the share token is burned from the wallet and the corresponding amount is paid to the user. The amount to be paid to the user may change according to the market conditions (profit or loss).
Commissions
Farmly Finance does not charge a commission on deposits or withdrawals from Easy Farms.
It only takes a percentage of the trading fees earned as commission. Commission rates vary depending on the Easy Farm.
Strategies
See current strategies here.
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