Yield fields

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What is Yield fields?

Yield fields — an automated market maker (AMM), based on an exchange. It is a decentralized exchange (DEX) on the Binance smart chain, created by the development team of MonetaryUnit.org and Wrapping.Services.

Contents:

Features of Yield fields
Liquidity pools

Yield fields - make profitable exchanges on the blockchain

Features of Yield fields

The YieldFields exchange offers several features that support decentralized trading. YieldFields allows users to trade without having to go through a centralized exchange. Everything you do on YieldFields is routed directly through your own wallet - you don't have to trust anyone with your coins.

You can only trade tokens for YieldFields if there is sufficient liquidity for those tokens. Providing liquidity will earn you LP (Liquidity Pool) tokens, which will earn you rewards in the form of trading fees for ensuring that the exchange will always have liquidity.YieldFields

Yield Farming allows users who provide liquidity to earn FIELD rewards by locking their LP tokens in a smart contract. The incentive - to balance the risk of intermittent losses, associated with locking in your liquidity.

Swapping Tokens at YieldFields — an easy way to exchange one BEP-20 token for another through automated liquidity pools.

When you make a token exchange (trade) on an exchange, you pay a trading fee of 0.2%, which is distributed as follows:

0,17%	returned to liquidity pools as a reward to liquidity providers.
0,03%	sent to YieldFields treasury (for ransom/burning and platform development).

Trading on YieldFields is very easy, compared to most exchanges. Before you can trade, you will need a Binance Smart Chain (BSC) compatible wallet. Set it up for use on the BSC network. You will also need some BEP20 tokens to trade. Select the token you want to exchange from the drop down menu and enter the amount. Check the details and click the "Exchange" button.

Liquidity pools

When you add your token to the liquidity pool, you receive liquidity provider (LP) tokens and share the fees. For example, if you deposit FIELD and BNB into the liquidity pool, you will receive FIELD-BNB LP tokens. The amount of LP tokens you receive represents your portion of the FIELD-BNB liquidity pool. You can also redeem your funds at any time by removing your liquidity.

Providing liquidity rewards you with trading fees when people use your liquidity pool. Whenever someone trades on YieldFields, the trader pays a fee of 0.2%, of which 0.17% is added to the liquidity pool of the swap pair they traded.