👨‍🌾Farming

What is Farming?

Sonic farmers receive 50% of protocol revenue and reward when provide liquidity on Sonic Finance.

SNC rewards are vested for three (3) months but can be claimed early at a follow penalty.

Exiting a vest early always incurs a 50% penalty, no matter how early or late you choose to exit.

The 50% penalty paid is distributed continuously to SNC lockers. Swap The Swap tab is where you can trade one token for another. It is a user-friendly swap interface; select the two tokens you wish to exchange.

The liquidity provided comes from Liquidity Providers (LPs) who stake their tokens in the associated 'Pools.' In exchange, they get LP (Liquidity Provider) tokens, which can also be staked to earn REF and other tokens in the 'Farms.' When you trade (swap) on Sonic Finance, you will pay the pool fee (trading fee), which is broken down as follows: Incentives for convergence of coverage ratio