Provide liquidity for Nerve's governance token and earn CAKE or BANANA
NRV-BNB stakers benefit from:
- The 0.17% trading fee provided to all PancakeSwap LPs for trades in their pool, or the 0.25% trading fee provided to all ApeSwap LPs for trades in their pool (not included in APY/APR calculations)
- Receiving CAKE or BANANA rewards
- No deposit or withdrawal fee (0%).
- Unstaking or withdrawing their liquidity at any time, without a lock-up period.
You can also earn yield by staking your NRV-BNB Cake-LPs at Ramp DeFi (docs). Their autocompounding NRV-BNB vault will periodically sell your CAKE rewards for more NRV-BNB LP, passively growing your position. In addition, you can collateralize your staked LP for minted rUSD - just be sure to note the relevant collateralization and liquidation ratios for your loan. DYOR when interacting with any platform that is new to you.