# IceFlake Farms

## 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!