[Guide] Single Asset Deposit for Yield Farm

ANETA
NEOPIN
Published in
2 min readAug 30, 2022

NEOPIN has revealed a single asset deposit function for its Yield Farm service.

Yield Farm is typically done in pairs.

However, the single asset deposit function allows users to use Yield Farm with just one type of asset.

Please read the guide below to learn more about the single asset deposit function!

[Yield Farm Single Asset Deposit]

Find the single asset to be deposited under [Types] in the Yield Farm page.

Choosing one of the two boxes with the single asset will allow you to Yield Farm even if you do not have the other pair.

When depositing a single asset, half of the amount will be swapped to a different asset for a pair deposit to a different asset for a pair deposit. The exchange rate, swap fees, and the actual amount deposited depending on the slippage percentage may vary from the estimated amount of deposit.

📌 The expected APR for Yield Farm is determined by the chain inflation, and changed APR will be updated and displayed in the Yield Farm product information.
📌 Assets deposited in Yield Farm cannot be traded until withdrawal.
📌 Estimated Returns are the estimated values ​​at the time of the request and may differ during the actual deposit process.
📌 After your deposit request, the transaction begins within a few minutes and you will receive a push notification when the deposit is complete. (However, waiting time may occur depending on network congestion.)

Please refer to the links below for detailed information on Yield Farm!🙏

🔗 [Info] What is Yield Farming?
🔗 [Guide] How to Yield Farm (App)
🔗 [Guide] How to Yield Farm (Web)

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