🏹The Hunting Grounds (Yield Farms & Staking)
Howl Finance
What is passive income? Earning passive income generally means utilizing your assets, without active involvement, to generate additional dollars, and it can be done in the crypto space. The concept is the same as compounding interest or reinvesting dividends in the traditional financial world or earning rent on investment properties. Continue reading to learn how to earn $HOWL and utilize passive crypto income with Howl Finance. What is Yield Farms? Yield farming is the process of providing liquidity to DeFi protocols such as liquidity pools and borrowing and lending services. It offers rewards in the form of interest, with a portion of transaction fees given to the yield farmer. In this case, you will add liquidity to $HOWL/BNB Pool
DeFi platforms like smart contract-enabled decentralized exchanges (DEXs) facilitate crypto trading through Automated Market Makers (AMMs). Liquidity providers can deposit funds into a liquidity pool and leverage AMMs to execute automated trading. In return, they get rewards like liquidity provider (LP) tokens. Yield farmers can also lend and borrow crypto funds from yield farming pools at often lucrative interest rates. What is Staking? Staking is the process by which users pledge to lock their crypto assets to secure a Proof-of-Stake blockchain network. Stakers set up individual nodes for validating transactions and adding new blocks to the blockchain network. What is the Hunting Grounds (Farms & Staking)?
The Hunting Grounds is where the Wolf's go to refuel and eat up! It's their way to gain strength and earn passive income. Take part in the Hunting Grounds and start gaining with the rest of the pack.
To elaborate the Hunting Grounds is a tool for $HOWL Holders to be rewarded in passive income by staking/farming through our dapp platform. This is done by taking your tokens which were purchased either through the Pinksale Fairlaunch presale or buying via Wolf Swap, PancakeSwap or any other DEX Binance Smart Chain Swap and inserting them into a contract for a certain period of time which will allow you to reap passive rewards over a longer period of time. Farms:
HOWL/LP PAIR+BNB Rewards: High APR HOWL 🐺 Tokens Staking:
- Staking HOWL(Low APR - Short Lock Period) - Staking HOWL (Moderate APR - Moderate Lock Period) - Staking HOWL (High APR - Long Lock Period) Rewards: HOWL 🐺 Tokens Post Launch Staking Pools: Staking $HOWL earn $BNB Staking BNB earn $HOWL Staking $Cake earn $HOWL
Why Stake in the Hunting Grounds? Why is locking tokens away beneficial? The Hunting Grounds (Staking) provides the token to gain TVL (Total Value Locked) which means the Wolf Fi Token will be locked into a contract rather than in circulation. This prevents dumps and creates a higher floor value for the token as more holder's stake Wolf. As more stake in our ecosystem we start to grow and build more. As we grow in TVL it benefits our existing holder's and also attracts newer investors to join our ecosystem. As we develop more cutting edge utilities we will expand Wolf Fi into new technologies such as AI, Mobile DAPP development and much more. Withdrawl Fees: Any early withdrawl of staking will result in a 15% Tax to prevent abusing the system.
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