πHow to use Yield Farms
To embark on your journey into yield farming, you'll need to contribute liquidity to specific pairs. For instance, if you're eager to participate in the ARBS/USDC yield farm, you must acquire ARBS-USDC-LP tokens exclusively tailored for this particular farm. It's essential to emphasize that only these specific LP tokens are compatible with your chosen farming endeavor. Therefore, it's crucial to ensure that you possess the correct LP tokens ready before you initiate your foray into yield farming.
For guidance on obtaining the necessary LP tokens, you can find comprehensive information [here](insert link on how to obtain LP tokens). Once you have successfully acquired your LP tokens and have chosen your preferred farming pool, you can commence the process of staking your LP tokens. Each farm hosted on Carbonstarter provides $ARBS liquidity mining rewards, which are generously distributed to those who have staked their LP tokens in pools that align with the specified bonding length criteria.
It's important to be aware of swap fees, which are the charges incurred when executing a swap within any LP pool. These fees are paid by traders in the form of the assets they input during a swap. For instance, if a user wishes to trade ARBS for USDC, they will pay the swap fees in $ARBS, and vice versa. The total fee for a trade is calculated as a percentage of the swap's size. These accrued fees are then contributed to the pool, leading to proportional distributions among LPs based on their respective shares of the total pool.
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