Introduction
If you are new to this topic, check our initial article about how to create a Trust Wallet & connect to PancakeSwap (we follow the same steps for other Farms as well) https://www.publish0x.com/cryptomurmuragr/binance-smart-chain-trust-wallet-and-pancakeswap-stake-and-e-xerzgjq
Farms are very risky. We are searching for reviews & data, but we are not blockchain developers, so we cannot be sure about a project and the level of safety. It is your responsibility to check and decide if you would like to invest.
We already know about Yield Farms like Pancake, Goose, Viking, Ramen etc. The issue is that if you use their websites, you have to manually auto-compound (harvest / exchange / add liquidity). There are new websites where you are farming and auto-compound is automatic.
Websites with Auto-compound function
There are two well-known websites with Auto-compound function. These are:
- Autofarm Network / https://autofarm.network/
- Beefy Finance / https://app.beefy.finance/
Autofarm Network
Autofarm has around 1,2 billion TVL. The pairs with the highest yields are:
- Viking (VIKING-BUSD & VIKING-WBNB)
- Goose (EGG-BUSD & EGG-WBNB)
The positives of using Autofarm:
- It auto-compounds your earnings. I.e., it harvests Viking or EGG tokens, sells them to return LP tokens e.g., VIKING-BUSD LP and compounds them.
By using Autofarm, you are additionally earning AUTO tokens (the native token of Autofarm).
Beefy finance
Beefy has around 230 million TVL. The pairs with the highest yields are:
- Ramen (RAMEN-BUSD & RAMEN-BNB)
The positives of using Beefy:
- It auto-compounds your earnings. I.e., it harvests Ramen, sells them to return LP tokens e.g., RAMEN-BUSD LP and compounds them
Referrals
You can use my referrals in order to support me:
BEST NON-CUSTODIAL-WALLET (1st LINK)
Maiar Mobile Wallet (Elrond – BNB – ETH): https://get.maiar.com/referral/suy4ib9eq1
Binance: https://www.binance.com/en/register?ref=WTXZBQ5W
Kucoin: https://www.kucoin.com/ucenter/signup?rcode=bsweH6&lang=en_US
Publish0x: https://www.publish0x.com/?a=olejRqD5ej
