Zeroswap (ZEE — BNB LP) is now added to Beefy.Finance — Vault to Optimize yield on Binance Smart Chain
Step by Step Guide to Yield Farming on BSC with Beefy.Finance
We are thrilled to announce Zeroswap ($ZEE) is added into Beefy Finance’s Vaults, a leading Yield Optimizer On Binance Smart Chain. Users need to deposit ZEE— BNB LP token into the ZEE — BNB Vault on Beefy finance and swap them to $CAKE tokens.
What is ZEE — BNB LP Vault on Beefy finance?
Beefy finance is a Yield Optimizer on Binance Smart Chain. The vaults are the pool of funds that follow a certain strategy designed to maximise the deposited asset yield and minimise the risks.
The strategies of these vaults include multiple things such as farming other protocol tokens and selling them for profits, supplying collateral, providing liquidity, supplying stable-coins into money markets etc.
Here is the Step By Step Guide on using Beefy finance and optimising your ZEE -BNB LP positions.
Step 1: Provide liquidity into PancakeSwap and obtain ZEE— BNB LP
To use Zeroswap — BNB LP Vault on Beefy finance, one needs to have ZEE— BNB LP obtained after providing liquidity into PancakeSwap.
Follow this guide to provide liquidity and obtain the LP tokens from PancakeSwap.
Step by Step Guide to Stake ZEE — BNB LP Tokens to farm ZEE and CAKE on PancakeSwap Syrup Pool
Stake delicious CAKE and Earn ZEE — Stake ZEE | BNB LP Token and Earn CAKE
Step 2: Visit https://beefy.finance/ and click on the wallet.
Choose the wallet you wish to connect.
Note: If you are choosing Metamask when connecting wallet with Beefy.Finance make sure the network selected is Binance Smart Chain.
Step 3. Select the ZEE— BNB LP Vault
Step 4: Choose how much percentage of the ZEE — BNB LP you want to provide and then Click on approve.
Step 5. As you click on approve you would need to pay the transaction fee by Clicking Confirm on the Metamask Wallet.
Step 6. As your transaction gets approved, Click “Deposit” or “Deposit All” to stake the LP tokens into the Vaults and Confirm the transaction on Metamask, Now wait for the transaction to be confirmed.
Step 7: You have successfully deposited ZEE — BNB LP into the Vault. The Vault optimizes the returns, the rewards can be swapped to $CAKE
🎉 You have successfully Staked ZEE — BNB LP
The vault compounds automatically with every harvest, your deposited amount will reflect the change(earnings get added to the deposit amount). The harvests are fully automated and done by the cowllector bot, no user action is required.
Withdrawing ZEE — BNB LP from the Vault
Click “Withdraw” or “Withdraw All” to withdraw the LP tokens from the vaults and confirm the transaction.
For any queries, reach out to us on our Telegram Chat — https://t.me/zeroswap
ZeroSwap is a multi-chain compatible decentralized exchange aggregator focused on making zero-fee transactions possible. We aim to make on-chain trading simple and easy by providing access to Ethereum, Binance Smart Chain, and DEXes access under one roof. One of the core utilities of ZEE is to reduce friction in fundraising using digital assets.