DeFi

Staking and Farms

Staking and Farms are two ways in which users can earn rewards through the $ZKPAD platform.

Staking $ZKPAD involves locking up a certain amount of $ZKPAD tokens for a specific period of time in order to earn rewards. These rewards are generated from a portion of the transaction fees generated by the platform. Users can choose to stake their tokens for a minimum of 7 days up to a maximum of 90 days. The longer the staking period, the higher the rewards.

Farms, on the other hand, involve providing liquidity to the $ZKPAD/ETH pool on the zkLaunchpad Platform. Users can deposit an equal value of $ZKPAD and ETH into the pool to earn liquidity provider (LP) tokens. These LP tokens can then be staked on the $ZKPAD platform to earn rewards. Similar to staking, rewards are generated from a portion of the transaction fees generated by the platform.

Both staking and farms offer users the opportunity to earn rewards while supporting the $ZKPAD ecosystem. However, users should also be aware of the risks involved in these activities, including the potential loss of their deposited tokens due to price fluctuations and impermanent loss in the case of liquidity provision.

Staking Single:

$ZKPAD

Staking Liquidity Pool:

Pair: ZKPAD/ETH

*For the aforementioned staking, the APR will be variable relative to the placed tokens in the Pool