👨🌾Ordinals Farming
Last updated
Last updated
Multibit offers Farming Ordinals ($ORDI), an exciting opportunity for the BRC community to earn additional $ORDI tokens by providing liquidity or staking preferred tokens in selected pools, to facilitate transactions by providing liquidity. The farming process allows participants to contribute to the liquidity of the $ORDI ecosystem while being rewarded for their contribution.
Liquidity farming involves providing liquidity to Ordinals liquidity pools (DEX) or automated market maker (AMM). By adding $ORDI tokens and another compatible token (e.g., ETH or stablecoins) to a liquidity pool, Multibit enables trading pairs and enhance the overall liquidity of the $ORDI token.
Staking allows users to lock their $MUBI tokens in a designated staking pool. By doing so, participants contribute to the network's security and stability while earning additional $ORDI tokens as rewards.