FlatQube
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  • Welcome to FlatQube
  • 👨‍💻Use
    • Getting started
      • How it works
      • Roles
      • How to connect a wallet
      • Glossary
      • Everscale
      • How to get EVER
    • Swap
      • Interface
        • Basic swap
      • How to
        • Make a basic swap
        • Use limit trading
        • Configure slippage tolerance
        • Use cross-exchange
      • Concepts
        • Limit orders
        • Slippage tolerance
        • Fees
        • Price impact
        • Cross-exchange
    • Tokens
      • Interface
        • All tokens
        • Token page
          • Price
          • TVL
          • Trading volume
          • Pairs
          • Transactions
          • Open in explorer
      • How to
        • Upgrade token(s)
        • Add custom token
      • Concepts
        • Tokens we use
        • EVER and wEVER
        • Token lists
    • Pools
      • Interface
        • All pools
        • Pool page
      • How to
        • Connect DEX account
        • Add liquidity (Get LP tokens) / Withdraw liquidity
        • Create a new pool
        • Calculate the amount of LP tokens
      • Pool economics
    • Farming
      • New farming
        • Interface
          • Farming pools
          • Farming page (user)
            • Farming performance and deposits
            • Statistics
            • Farming speed and vesting
            • Transactions
          • Farm page (administrator)
        • How to
          • Claim reward
          • Deposit/Withdraw farm tokens
          • Get a boost
          • Create and manage your farming pool
      • Old farming
        • Interface
          • Farming pools
          • Farm page (user)
            • Farming perfomance and balances
            • Statistics
            • Farming speed
            • Farm information
            • Transactions
          • Farm page (administrator)
        • How to
          • Claim reward
          • Deposit farm tokens
          • Withdraw farm tokens
          • See farming performance
          • Find my transactions
      • Concepts
        • Yield farming
        • Reward distribution
        • Vesting
        • Farming token
        • Boosted farming
        • Pool share
    • DAO
      • Interface
        • DAO page
        • DAO balance
        • Epoch
      • How to
        • Lock tokens
        • Vote in Epoch
        • Get a boost
        • Become a candidate
      • Concept
        • DAO
        • veQUBE
        • Epoch
        • Boosted farming
        • FAQ
    • Token builder
      • Interface
        • Explorer
        • Token page
      • How to
        • Create new token
        • Mint tokens
        • Burn tokens
        • Transfer ownership
  • ⚒️Integrate
    • Open API
      • FlatQube DEX Indexer
        • CMC API
        • Currencies API
        • Pairs API
        • Transactions API
      • FlatQube Farming Indexer
        • Farming pools API
        • Transactions API
        • Graphics API
    • Smart contracts
      • DexAccount
      • DexPair
      • DexPlatform
      • DexRoot
      • DexVault
      • DexVaultLpTokenPending
      • EverToTip3
      • EverWeverToTip3
      • Tip3ToEver
      • TokenFactory
  • ↗️See also
    • EVER Wallet
    • Octus Bridge
    • Platform products
    • Broxus Github
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  1. Use
  2. Farming
  3. Concepts

Farming token

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Last updated 2 years ago

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In order to become a farmer in a certain pool, you need to store a certain amount of Farm tokens in this pool or Liquidity Provider (LP) tokens of the corresponding .

LP tokens represent a liquidity provider’s share of a pool. For example, if you contribute $10 USD worth of assets to a liquidity pool that has a total worth of $100, you would receive 10% of that pool’s LP tokens. You receive 10% of the LP tokens because you own 10% of the crypto liquidity pool. The LP tokens become your claim to your share of the pool’s assets. Holding these LP tokens gives you total control over when you withdraw your share of the pool without interference from anyone — even the FlatQube platform.

In exchange for locking liquidity in the form of LP tokens in a farming pool, farmers receive a , depending on their share in the pool.

👨‍💻
liquidity pool
reward