How to farm SAKE? To use the SakeSwap LP Token.
Let’s take the SAKE-ETH LP pool as an example.
To start from SakeSwap Swap page https://sakeswap.finance/#/swap
Connect an ERC20 wallet
Swap ETH for SAKE. Choose the SakeSwap Choices list to find the SAKE token. Add the SAKE token address if you can’t find SAKE from the list. Address: 0x066798d9ef0833ccc719076Dab77199eCbd178b0
Add liquidity for the SAKE-ETH pool https://sakeswap.finance/#/add/0x066798d9ef0833ccc719076Dab77199eCbd178b0/ETH
Get SAKE-ETH SakeSwap Liquidity Provider (SLP/LP) token
Visit the Farm V2 page https://app.sakeswap.finance/#/farmv2
Choose the SAKE-ETH pool https://app.sakeswap.finance/#/farm-v2/SAKE_ETHV2_lp
Approve SAKE-ETH LP to tell the network that SakeSwap is allowed to take SAKE-ETH LP on our behalf
Deposit SAKE-ETH LP to earn SAKE
*The first sake harvest will be activated in 1 month. The interval between two harvests needs to be more than 1 month.
Currently, SakeSwap supports 9 farming pools. AllocPoint of each pool is available here https://docs.google.com/spreadsheets/d/1TLRKALAQUcWGl0Z-2nmMkR-FYPMyU-d-OgeCkxE0_34/edit?usp=sharing
The BIKI-ETH pool is the new farming pool. And the APY of each pool is clearly listed on the Farm V2 page. Start to earn SAKE tokens by staking SakeSwap LP tokens. At any point, you can remove your LP tokens from the farming pools.