Add a pool for tokens on Binance Alpha, with an annual yield of 5000%?
Tested as follows:
1. Open Pancake
2. Click on Earn and then Farm/Liquidity
3. Search for tokens (currently the most traded $B2 / $ZKJ)
4. Add liquidity
5. Select a range of 0.1%
6. Purchase tokens corresponding to the amount of BNB you want to invest
7. Confirm to add to the pool
Challenges:
1. To achieve a high annual yield, you must choose a smaller range, which can easily lead to impermanent loss if you go beyond the range
2. You need to adjust your liquidity range according to the coin price at any time (if you don't want to adjust frequently, you can choose a larger liquidity range, but this will reduce the annual yield)
3. You can reduce the risk of impermanent loss through lending
If anyone encounters any issues during practical operation, feel free to discuss in the comments section, and I will reply one by one, focusing on recovering the wear and tear!
@KaitoAI @binancezh @GiveRep
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