BaryonStake
BaryonStake is the simplest way to earn yields on Baryon Network. Just stake tokens and earn free tokens while you sleep!
BaryonStake allows the project team to reward their loyal holders with the staking feature. Rewards are compounded automatically so users don't need to do anything besides clicking the stake button.
When yield-farming, you are subjected to impermanent loss (IL). For example, if you're farming with BARYON-BNB, you might lose out on potential gains if BARYON goes up and BNB stays still. This is the reason why farming APYs are much higher than staking, where you can simply stake one token to earn yields without any Impermanent loss (IL) and maximize your profits when token price goes up.
Last modified 1yr ago