Mycryptoview How to maximise your earnings with Yield Farming

How to maximise your earnings with Yield Farming

Author: @Mycryptoview Token

Last Updated: April 03, 2024

Yield farming has attracted the likeness of cryptocurrency and blockchain with investors as among the best ways to make a huge return on investment (ROI). While on the one hand, this volatility might make it difficult to generate the maximum possible returns, on the other hand, it does make it some kind of a rollercoaster ride where the excitement of such a ride makes up for the possible losses. Therefore, in this guide, on the topic of the most effective ways to get better at yield farming, we have provided the necessary information. Whether you're already an eminent crypto investor, or you even started your trading today, this guide is on point to give you the necessary information and insights when it comes to earning more. 

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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