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anurag54321 (OP)
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January 16, 2022, 09:09:41 AM
 #1

Hello,

Can any one please explain how I can safely earn 30-50% APR on Pancakeswap by staking USDT or CAKE Coin. I am confused between farms and pools and don't understand how the calculation works.
vv181
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January 16, 2022, 07:25:21 PM
 #2

There are no such things that you can earn safely without any risks. So participating in pools or staking in inhere a risk that you should be aware of whether it is on the DEX side or the token you are staked/farmed.

I am confused between farms and pools and don't understand how the calculation works.
If you are still couldn't comprehend both of it, I suggest you better to learn more about all of them first rather than focusing to achieve a massive amount of APR. There are various explanation on the Pancakeswap documentation page that is worth to read if you want to dig deeper about so you should take a look into it since it contains the pools and farms explanation, so does with of how to calculate an APR on pools. Click for the link.
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January 16, 2022, 07:37:46 PM
 #3

Hello,

Can any one please explain how I can safely earn 30-50% APR on Pancakeswap by staking USDT or CAKE Coin. I am confused between farms and pools and don't understand how the calculation works.
Go to their farms and see the APR (https://pancakeswap.finance/farms). IMHO, it's better to do the farming than with the pools. Although the percentages are both high and enormous at least with the farms, you know that the coin you're farming is good enough.
Both farm and the pool, they've got higher percentage but you may probably don't know those tokens if they're going to be good or not. Stick to cake-bnb which is the preferred pair of most.

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January 16, 2022, 08:51:48 PM
 #4

Hello,

Can any one please explain how I can safely earn 30-50% APR on Pancakeswap by staking USDT or CAKE Coin. I am confused between farms and pools and don't understand how the calculation works.

This one should clear out on what you are trying to seek off.
https://docs.pancakeswap.finance/products/yield-farming

The Farm Base APR is calculated according to the farm multiplier and the total amount of liquidity in the farm -- this is the amount of CAKE distributed to the farm.
Source: Link above.


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January 18, 2022, 08:51:10 AM
 #5

Already you had the right suggestions but I wanted to mention avoid doing such kind of staking since you have also risk to lose as well, the guaranteed staking returns for USDT is about 10% which is what you can consider safe but you also need to calculate the inflation rate which means tou will get 5% or even nothing.

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Bitstar_coin
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January 21, 2022, 11:08:32 AM
 #6

Hello,

Can any one please explain how I can safely earn 30-50% APR on Pancakeswap by staking USDT or CAKE Coin. I am confused between farms and pools and don't understand how the calculation works.
Go to their farms and see the APR (https://pancakeswap.finance/farms). IMHO, it's better to do the farming than with the pools. Although the percentages are both high and enormous at least with the farms, you know that the coin you're farming is good enough.
Both farm and the pool, they've got higher percentage but you may probably don't know those tokens if they're going to be good or not. Stick to cake-bnb which is the preferred pair of most.

There is also the issue of IL when providing liquidity pool, am not sure the op is aware of this and take to account what will happen to his funds when this occurs, he should also consider direct staking (no IL issue) for stablecoin, although am not sure if pancakeswap give as high apy to staking stablecoins,
it is better he farm good projects with less apy than some random shitcoins just for a high apy, i don't farm or stake in pancakeswap so i may not have full knowledge of what is being offered, but i do stake some of the project i invested and so far it has been great.
binance also offer stablecoin staking with decent apy, low risk.

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