How to stake and farm YobiCoin
1. Buy the #YBC token. To do this, you must already have a cryptocurrency wallet and USDT dollars on it. If you already have a wallet, then go to the YobiCoin farming section on our website. On this page, click "Buy YobiCoin".
You will be transferred to the PancakeSwap exchange and there you can buy #YBC.
If you don’t know how to open a wallet and buy USDT, then read our guide on “How to buy a cryptocurrency dollar”.
2. Then go back to the staking page and connect your wallet to our staking platform. In the upper right corner, click "Connect Wallet".
3. Scroll down a bit and click on the YobiCoin icon. In the empty field, enter the number of #YBCs you want to put on the steak.
Today the annual rate of YobiCoin staking is 515%. If you were to invest $500 with this percentage since the start of staking, then today you would already receive approximately $105.
1. For farming, you need to have both USDT and YBC on your wallet in order to exchange them for the YBC-USDT LP token. This token allows you to farm YobiCoin.
2. To get the YBC-USDT LP token, go to the YobiCoin Farming section. Scroll down a bit and click on the “YBC-USDT LP” section, and then click on the “get YBC-USDT LP” button. You will be transferred to the PancakeSwap exchange, where you can get a liquidity token.
On the PancakeSwap exchange, enter the amount of cryptodollars and YobiCoin you want to exchange for a liquidity token. This amount of cryptocurrency must be equal. For example, if you want to invest 40k #YBC, then you would need to invest approximately 100 USDT, because that's roughly the same as 40k #YBC.
3. Once you have received your USDT/YBC LP token, return to the farming page. There, in the empty column, enter the number of tokens that you want to invest in farming. You will receive the first #YBC tokens from farming the very next day.
The yield from farming that you can get today is 327%.
As you can see, there are many possibilities in cryptocurrency. No bank will ever give you a 300% return, and even more so 500% interest. At the same time, while you receive interest for staking and farming, the price of the token can rise even more.