Why is yield farming a good option?

RobinhoodSwap Finance
2 min readJul 16, 2021

What is yield farming?

Yield farming is a way to earn cryptocurrencies by temporarily lending crypto assets to DeFi platforms in a permissionless environment.

Decentralized exchanges rely on investors who are willing to assist them. When a yield farmer offers liquidity to a DEX like Robinhood Swap, the farmer earns a portion of the platform’s fee, paid out by token traders who access the liquidity.

Yield farmers can determine how long and how much they would like to contribute their assets for. Farmers would earn fees on a daily basis, the more one lends, the higher the returns are.

Why is yield farming a good option?

  1. High Returns passive income
    Yield farming offers attractive high returns, at least a hundred times higher than the traditional banks. Additionally, it could be more profitable than a lot of other traditional investments such as bonds and stocks with the right strategy.
  2. Flexibility
    There is no minimum or maximum to start yield farming with Robinhoodswap and you can harvest easily and at any time you want.

Why Robinhood Swap?

  1. Good returns
    Robinhood swap offers high APY for its yield farmers. They can earn up to 800% APY* on the platform, which is more competitive than other platforms.
  2. Create a better Society
    With RobinhoodSwap, as you farm, rewards are generated which are then attributed to give back to charity. A portion of total tokens (5%) reserved in RobinHood’s pool will be donated to charitable organizations selected by our community. Our objective is to create an environment that’s conducive for the cumulative betterment of both the crypto markets, and the community, all while rewarding the participants of the ecosystem.
  3. Public team
    The team at Robinhoodswap is public and experienced. The man behind the scenes is prominent serial entrepreneur, Mr Chatchanart “JoeZ” Charanwattanakit. He is the co-founder of Seekster amongst other accolades under his belt. With his resources in and outside of his existing occupation, JoeZ aims to propel his passion for helping and bringing good to society by leveraging on DeFi, hoping to provide access to financial literacy to users, while creating a sustainable ecosystem that is centered around a betterment of values and access to funds for those who need it the most. His team comprises Solidity engineers, frontend engineers as well as marketers who all collectively align with JoeZ’s vision and contribute their free time to build and bring RobinHoodSwap to the world.

Telegram (Global): https://t.me/RobinHoodSwap
Telegram (Thai): https://t.me/rbhth
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Medium: https://robinhoodswap.medium.com/
Coingecko : https://www.coingecko.com/en/coins/robinhoodswap
BSC scan : https://bscscan.com/token/0xd5779f2f9d7d239228e4e78bc78f50768661a081

#defi #charity #yeild farming #Crypto #RobinHoodSwap #Charitytoken

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RobinhoodSwap Finance

RobinHoodSwap Finance is to allow users to utilize blockchain and DeFi to earn rewards while contributing to society by giving back to charitable organizations.