Breaking: AOG wins PancakeSwap Farm
AOG-BUSD Farm on PancakeSwap starts 6th Jan
It is no secret, at AgeOfGods we love PancakeSwap, we have been trending Number 1 on Dextools.io each single day multiple times and are constantly in the top of PancakeSwap trading pairs.
We were honored to be whitelisted by PancakeSwap to participate in the Community Auction, which we are excited to announce that we won. Taking the number 1 spot!
According to PancakeSwaps Twitter “The winning farms will be going live for one week at 1x multiplier, within 48 hours” , so that should be on the 6th of January somewhere in the afternoon (UTC time).
Farms are amazing and deserve a whole article on its own (which I will make, no worries). For now though, ill give you a short introduction:
Yield Farming in Farms is a great way to earn CAKE rewards on PancakeSwap.
Unlike Syrup Pools, Farms require you to stake two tokens to get LP Tokens (AOG & BUSD), which you then stake in the Farm to earn rewards. This lets you earn CAKE while still keeping a position in your other tokens!
Yield farming can give amazing rewards , but it comes with a risk of Impermanent Loss. It’s not as scary as it sounds, but it is worth learning about the concept before you get started.
Check out this great article about Impermanent Loss from Binance Academy to learn more.
If you have any questions, join our Telegram, we answer questions 24/7.