Blog

Relite: A Guide To Liquidity Farming

Relite Finance
Oct 25, 2021
3 min read

We’re thrilled to announce the rollout of the first feature on the Relite Finance 2021-2022 Roadmap, Liquidity Farming!


With Liquidity Pool staking, providers of liquidity for RELI+USDT pairings on Uniswap V2
and RELI+BNB pair on Pancakeswap will be empowered to earn double-dip rewards on
their liquidity provision.


Getting started with Liquidity Farming is easy, check out the steps below to get started:


1. Make sure you’ve provided liquidity for the RELI pair on Uniswap V2 or Pancakeswap
and received your RELI+USDT or RELI-BNB LP Tokens
->
Learn how to get LP tokens on Uniswap
->
Learn how to get LP tokens on Pancakeswap
2. Head on over to
https://app.relite.finance
3. Select the pool you’d like to stake your LP tokens in - Uniswap or Pancakeswap
4. Enter the amount of RELI LP tokens you’d like to begin staking
5. Hit ‘Continue’ and confirm the transaction in MetaMask or another wallet


Boom. Simple as that. Now you can sit back, relax, and bask in the glory of your Liquidity Farm
and earn passive RELI rewards.

See how it’s done in a video:


The Future of Relite


There’s been a lot of noise in the cryptoverse since our IDO back in May. None of that has
deterred the Relite team from executing our vision.


Whilst others have been caught up in the throws of national bans on crypto, regulatory
uncertainty, and the general ebbs and flows of the crypto market, the Relite team have
remained laser-focused on building the most accessible, user-friendly, and innovative DeFi
platform to be seen.


We’ll continue to stay on-track and we appreciate the support of each and every member of the
Relite Community.


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Crypto lending Platform
Centralized or Decentralized?
Rating out of 5
Interest Rates
BTC
ETH
USDT
DAI
XRP
XLM
Aave
BlockFi
Cake
Basic
-
0.0%
0.1%
2.7%
-
-
Celsius
Crypto.com
Nexo
Max
-
0.0%
0.1%
2.7%
YouHodler
Binance
CoinLoan
Decentralized
3.2
Basic
0.5%
0.5%
9.3%
8.5%
3.5
-
-
-
Centralized
Max
5.0%
4.5%
9.3%
8.5%
-
-
-
Decentralized
3.0
Basic
5.0%
5%
8.0%
-
-
-
-
-
-
Max
7.5%
7.5%
8.0%
Decentralized
4.0
Basic
Max
Basic
Max
4.4%
5.3%
8.9%
8.9%
2.5%
3.1%
6.2%
6.3%
11.2%
11.2%
3.1%
3%
3.0
Centralized
1.5%
3.5%
6.0%
6.0%
-
0.5%
8.5%
8.5%
14.0%
14.0%
-
5.0%
Centralized
3.7
Basic
Max
Max
Max
Max
4.0%
4.0%
4.0%
4.0%
8.0%
8.0%
8.0%
8.0%
8.0%
8.0%
12.0%
12.0%
Centralized
Centralized
Centralized
3.8
3.7
3.5
Up to 12.7% for all 25 supported crypto assets
Up to 7% for all 58 supported crypto assets
Up to 12.3% for all 18 supported crypto assets

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