🚜What is Farming?

Thanks to our Farming structure, our users will earn $PNV while supporting our DEX, similar to how you would earn interest on any money in your savings account. And, similar to depositing money in a bank, Farming involves storing your $PNV in a smart contract, called "staking", for a period of time in exchange for interest or other rewards, such as more cryptocurrency.

When traditional loans are made through banks, the borrowed amount is paid back with interest, with income agriculture, the concept is the same.

The Percentage Annual Yield (APY) of each market can be calculated using the value of supplyRatePerBlock(for supply APY) as presented in this formula:

1. Rate = PayinnovProtocol.supplyRatePerBlock(); // Integer
2. BNB Mantissa = 1 * 10 ^ 18 (BNB has 18 decimal places)
4. Blocks Per Day = 20 * 60 * 24 (based on 20 blocks occurring every minute)
5. Days Per Year = 365
7. APY = ((((Rate / BNB Mantissa * Blocks Per Day + 1) ^ Days Per Year - 1)) - 1) * 100

This method allows us to guarantee the economic health of our protocol, in addition to guaranteeing an exponential financial return for investors who aim for long-term profit, thus being rewarded daily with an APY of at least 6.5%