πŸ”·IceFlake Farms

Provide liquidity and start earning high yields!

Stake LP, Earn $FLAKE!

Through optimization, our yield farms provide some of the most competitive rates available in the market. All you need to do is provide liquidity and get rewarded!

Withdrawal Fees

For the native Farms on IceFlake, there will be no withdrawal fees charged. This is designed to increase the attractiveness of $FLAKE, particularly through high yields and zero fees.

For the non-native Farms, most yield farms commonly charge a deposit fee on staked LPs.

However, we will be introducing a 4% withdrawal fee on non-natives (as opposed to the typical deposit fee), which will enable investors to earn more rewards on their initial capital since their staked amounts are not immediately reduced. A summary is detailed below.

Type

Withdrawal Fee

Native LPs

0%

Non-Native LPs

4%

Additional burn mechanics: 5% of each newly minted $FLAKE will be automatically burnt when the harvest function is called upon. This helps reduce circulating supply and mitigate potential sell pressure, which will translate towards better $FLAKE price performance.

Liquidity Provider Guide

Here is a step by step guide to provide LP.

  • Step 1: Securely import $FLAKE and swap on the DEX.

  • Step 2: To stake an LP token, provide liquidity on the DEX.

  • Step 3: Select one of our Farms.

  • Step 4: Approve the contract, if it's your first time. Depositing will then be enabled.

  • Step 5: Deposit an amount for staking, and press "Confirm".

Once these steps have been completed, your LP tokens will have been staked and you can start earning $FLAKE!

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