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How I learnt how to join liquid pools and farm - A newbies adventure by failingforwards

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hive-167922 · @failingforwards · (edited)
$3.84
How I learnt how to join liquid pools and farm - A newbies adventure 
So I thought I would try out some of this farming business that I have heard so much about. 

So I decided to try ninjaswap because its a newish project and they are offering some additional ninja for doing some simple stuff (a bounty as they call it) referral link here https://ninjaswap.app/bounty?ref=MHg0MTI2NzU0YjVhODdiYjLEimE0ZmU0MGM3MDE2NEYzRjk1YkNBxJMx

So what are the bountys? Pretty easy to be honest, join thier telegram, follow on twitter make some memes... these earn points which turn into ninjas, at a rate to yet be determined so I'm not pushing to hard.

So how did I start farming for the first time? Well needed to set up my metamask to accept BNB smart chain, much smarter people then me can tell you how to do that!

Then I bought some BNB and sent it over for a small fee. Pretty fast which was cool.

Then because I want to add liquidity to the pool I needed some ninja. Go to dex (often called swap) and connect your wallet via wallet connect and buy some ninja but leave at least half the bnb for the pool, plus fees.. so many fees.

 
![Screenshot_20210509-215011_Chrome.jpg](https://files.peakd.com/file/peakd-hive/failingforwards/23vrrb5ZaWpkUUSViAEPX44NmbY4n2s4RGzzfKfFbZKkcnoZG7JQqCvm4KqM2kZbYZRnc.jpg)

![Screenshot_20210509-215036_Chrome.jpg](https://files.peakd.com/file/peakd-hive/failingforwards/23xKhsE6NsBUwHVZ18uF3VECGTk69ZXy5f2PrzVDjd3S51pW2JfbvWVq8CVjbNwtq84Xv.jpg)
 

Ok got some sweet ninja, then we have to create ninja-bnb lp by clicking this link. This part tripped me up, you don't farm straight away , you create the liquid pool and then stake that to the farm. 


![Screenshot_20210509-215109_Chrome.jpg](https://files.peakd.com/file/peakd-hive/failingforwards/23tki3r5hTFSD8ii2sRKuqjRAuaHNmdypMpdNMsnYYJwynGfKxFeoQVicoSRHhNMRujTz.jpg)



![Screenshot_20210509-215131_Chrome.jpg](https://files.peakd.com/file/peakd-hive/failingforwards/23vsBhpKnmp7Ht7u7zuzuxYsSfMzHb5qHPCzfMUtcxYtt6XfQi67yNXnqW1y459n8z5wa.jpg)


![Screenshot_20210509-215157_Chrome.jpg](https://files.peakd.com/file/peakd-hive/failingforwards/23swhwXneY4vYPhLnypmtkf1uZ7dVDGedFMfrP3CTHVjswbfjk6Yy5Py6H9CFY4qBFiRa.jpg)


Ok add equal parts ninja and bnb to get ninja-bnb lp which you can then farm for..

 Ninjas!


![Screenshot_20210509-215220_Chrome.jpg](https://files.peakd.com/file/peakd-hive/failingforwards/EoJz7KsJiMXVaNf7HiR1y1J12jZgB2S3UnHjhopvVUNY9xV9kfKH2vZ4gq7HXqZKmyv.jpg)


Ok we did it, what a ride! I'm just glad I got a better understanding on creating liquid pools and farming!!

 

 All images are from swapninja, also accidentally took pic of baud instead of bnb sometimes but it is the exact same


 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@failingforwards/how-i-learnt-how-to-join-liquid-pools-and-farm-a-newbies-adventure)
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vote details (68)
@esther-emmanuel ·
$0.02
Wow! Any relating to farming, I get confused easily. You explained your process well. I will do my own research on ninja and see if I could explore some farming.

Lovely post and thanks for sharing it with us. 💖
👍  ,
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@failingforwards · 
Glad it could help and ninja may not be great but hopefully it help you get into it!
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@hivebuzz · 
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@informationvault · 
This is informative,thanks for this wonderful tutorial...@failingforwards



---

<center><sub>Posted via [proofofbrain.io](https://www.proofofbrain.io/@informationvault/qsv4t4)</sub></center>
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@failingforwards · 
Glad you liked it!
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@skylinebuds ·
$0.02
Nice, I haven't heard of this one. Do you use cub?
👍  ,
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vote details (2)
@failingforwards · 
No I don't I wanted to but need to learn how which is why I went on this adventure
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@thatgermandude ·
$0.02
My DeFi of choice was [CakeDeFi](https://app.cakedefi.com?ref=493510). It is made by a rather prominent German guy.

I did some ETH/DeFi, LTC/DeFI and BCH/DeFi. The DeFi Tokens I made pretty much just cover  the amount I lost due to impermanent loss... I even did Doge/DeFi LP Mining, but I exited that just before doge mooned, lucky me :)
👍  ,
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vote details (2)
@failingforwards · 
I'm really not sure if if I had made anything yet but having fun watching the numbers tick up.
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@thatgermandude · 
the cool thing about cake is no fees. On CubFinance the BNB fees are eating deep into my profits.
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