ETH/ESS Pool Relaunched by Essentia

Essentia announced re-launch of the ETH/ESS pool for the fifth time already.

“Yield farming is the process of lending cryptocurrencies to a variety of decentralized application (or Dapp) smart contracts for a set period of time, in order to receive rewards (or ‘yield’) in the form of additional cryptocurrency.”

In other words, you provide the liquidity — add the assets you currently have to the existing supply. By doing so, you become a liquidity provider. You add to the ecosystem and are rewarded for that.

Farming details

Pool: ETH/ESS.

Block reward: 1.2713 ESS

Duration: 152 days

About Essentia

Essentia is Decentralized data management framework. With one seed, you can control all of your dApps, identities, and assets.

INFO

https://essentia-one.medium.com/unicrypt-farm-round-5-eth-ess-pool-relaunched-ba8114523ca0

Source: https://thebittimes.com/eth-ess-pool-relaunched-by-essentia-tbt3440.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam

Category: DeFI News

Post by: TheBitTimes.com