Mycryptoview How to maximise your earnings with Yield Farming

How to maximise your earnings with Yield Farming

Author: @Mycryptoview Token

Last Updated: December 06, 2023

Yield farming has been a buzzword in the world of cryptocurrency and blockchain, offering investors the opportunity to earn significant returns. However, with the market being extremely volatile, it can be challenging to maximise your earnings. That's why we've put together this guide on how to maximise your earnings with yield farming. Whether you're a seasoned crypto investor or just starting, this guide will provide you with the information and insights you need to maximise your earnings. From understanding the different types of yield farming to selecting the best platforms, this guide has got you covered. So, buckle up and let's dive into the world of yield farming to discover the secrets to maximising your earnings.

Note:- We are using Mycryptoview farming platform to illustrate How to maximise your earnings with Yield Farming. If you are interested in farming on our platform you will need to hold some MCV LP tokens, if unsure how to provide liquidity on Uniswap check this guide via https://mycryptoview.com/uniswap/how-to/how-to-add-liquidity-to-uniswap

  1. Install and set up MetaMask. If you are unsure how to install MetaMask check how to create Metamask wallet via the link below

             https://mycryptoview.com/meta-mask/how-to/how-to-create-metamask-wallet 

       2. Connect MetaMask to Ethereum network mainnet            

      3. Fund your MetaMask wallet with ETH(Ether) for gas fees

      4. Go to Mycryptoview farming smart contracts dashboard on Ethereum via             https://mycryptoview.com/mcv/farm       

      5. Click the select button            

      6. On the MCV-ETH Pair page, click the unlock button to connect to MetaMask              

      7. Click the approve button to approve MCV LP tokens and wait for your transaction to complete. Note for other farming platforms you will need to approve your tokens before you can start farming. We recommend doing your research on any farming platform before interacting with MetaMask to avoid the risk of losing all your funds.

      8. Click the Plus button to deposit your LP tokens to Mycryptoview farming smart contracts on Ethereum.

Once your deposit transaction is completed, you should see the details and other instructions when you can claim your rewards like the screenshot below

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