In this blog post we'll explain in detail how to use Bitlocus DeFi farming products.
Fixed-term yield farming
Follow these steps to learn how to start fixed-term yield farming on Bitlocus. Let’s get started.
1. Log in
2. Buy BTL-USDC Pancakeswap LP tokens
Before you start farming, you need to get BTL-USDC Pancakeswap LP tokens. Start by going to Exchange, under the Products tab.
3. Choose CAKEBTLUSD/EUR
Now, find the CAKEBTLUSD/EUR pair and buy the number of tokens you want.
4. Go to DeFi Marketplace
After buying tokens, navigate to DeFi Marketplace, click on Farming tab, and then click Farm.
5. Fill your farming order
Now, you are ready to start filling the farming order. Choose the currency (CAKEBTLUSDC) and click Proceed.
6. Choose the number of tokens you want to farm.
Now, choose how many tokens you want to farm and click Proceed.
7. Choose a lock-up period
The next step is to choose the lock-up period. There are 2 options: 180 & 360 days. Remember: a longer farming period means higher annual returns. Click Proceed.
8. Last step
Click on I agree with Fixed Term Farming Services T&C and then click Submit for farming. The request processing time can go up to 24 hours.
Beefy.Finance yield farming
In the second part of this blog post we'll explain how to start with Beefy.Finance yield farming.
1. Log in
Log into your Bitlocus account. If you don't have a Bitlocus account, you register here. Deposit your account with EUR or CAKE USDC/USDT LP tokens. In this article you will find all info you need to know about depositing your Bitlocus account.
2. Head to Farming tab
Go to the Farming tab on DeFi Marketplace. Find the offer from Beefy platform.
3. Fill in the farming order
You can choose either EUR or CAKE USDC/USDT LP tokens, depending on which assed you have deposited to your account. We'll proceed with EUR.
Next, select amount you want to allocate.
In our case, we have to exchange EUR to CAKEUSDTUSDC. This step would be excluded if the Bitlocus account had been deposited with CAKE USDT/USDC LP tokens.
4. Submit your farming order
And finally, agree to our T&C and submit your request for farming on Beefy.Finance.