Liquidity Farming - Pool Rewards
Introduction to Liquidity Provision on Sushi.com (Polygon Network)
Last updated
Introduction to Liquidity Provision on Sushi.com (Polygon Network)
Last updated
Liquidity providers (LPs) play a crucial role in decentralized finance (DeFi) by enabling smooth trading on decentralized exchanges (DEXs) like Sushi.com. By supplying equal values of tokens to a liquidity pool, LPs facilitate seamless token swaps, contributing to the overall health and efficiency of the DeFi ecosystem.
On Sushi.com, when you provide liquidity to the $BCTS/$WETH pool on the Polygon network, you earn rewards in the form of $SUSHI tokens. This incentivizes LPs to maintain liquidity in the pool, ensuring that traders can easily exchange $BCTS and $WETH with minimal slippage. The rewards are automatically distributed based on your share of the total liquidity pool, allowing you to earn passive income while supporting the DeFi ecosystem.
There are three reward campaigns:
Here is the tutorial as pdf and as a youtube tutorial.