How Does Farm Work?

The Neptune Mutual Pool consists of both single asset farm and LP token farm. Each farm has its own allocation and strategy to yield NEP rewards.

Single Asset Farm

Based on the blockchain network you select, we have some popular cryptocurrencies available to stake and earn generous NEP rewards. There are not many choices as we are very selective about the (quality or popularity of) cryptocurrencies which can be farmed in our pool.

The NEP farms are fundamentally different than most of the existing farms and pool as our main objective is distribute the initial NEP supply (or allocated as such) to the community rather than optimizing any ROI. To be accurate, there isn't any ROI or APY as you are getting NEP tokens by staking one of the available cryptocurrencies. There is no magic or special effects happening behind the scenes. The rewards generated in the farms are NEP tokens only; not tokens generated as a result of staking, investment, or yield optimization effort.

How to Use Single Asset Farm?

Directly stake your cryptocurrency in single asset farm to get NEP reward.

Note that there is an entry fee to participate in some farms. In CAKE farm, the deposited assets are farmed in the Syrup pool and the obtained CAKE reward are used to purchase NEP tokens in the PancakeSwap exchange. The acquired NEP are burned thereby reducing the total supply.

LP Token Farm

Obtain LP tokens from the DEX shown in the UI. You will not only receive NEP rewards but the LP tokens will also yield additional rewards directly on the DEX.

The Neptune Mutual platform incentivizes the liquidity providers with NEP tokens. The NEP tokens provided here fall under “Liquidity Pool Rewards” in our token design. The available tokens in the liquidity pool rewards have a finite supply. The rewards will keep decreasing and farming will eventually be stopped.