Who knew painters could be farmers?!
Farms provide additional incentives for users to hold an LP (liquidity pool) position that benefits the PaintSwap ecosystem, allowing other users to freely trade with high liquidity. Users are rewarded with $BRUSH, in amounts proportional to their staked amounts in the farms.
Eventually, the farms on PaintSwap will evolve with additional $BRUSH locking features and the BRUSHdao governance, but currently, they are managed by the PaintSwap team. New farms may be created for promising tokens with significant $BRUSH liquidity. Conversely, farms can be discontinued if the provided $BRUSH liquidity drops below our standards.
Our goal at PaintSwap Finance is to both provide competitive APRs for interested liquidity providers--thus creating a fantastic user experience with minimal slippage trades for the end-user--but also to create them in a structure that will allow for the sustainable, long-term growth of both our platform and the Fantom Opera Network at-large.