Strategies For Success

Congratulations for making it this far!. Now that you're ready to start using MyChickenFarm to earn some great yields, let's look at some basic strategies you can follow. We'll break things down by complexity and relative risk, so feel free to mix and match elements according to your own level of experience, goals, and risk tolerance.

The strategies described here are intended only to illustrate how to use the MyChickenFarm protocol and do not constitute financial advice. Always do your own research and make your own decisions with regard to how you use MyChickenFarm

Genesis Pool Strategy

When the protocol launches, the genesis pools will be live for 5 days. By depositing wFTM, USDC, BOO and/or 2omb, you will continuously receive CHICKEN tokens as rewards! We strongly encourage all participants to partake in the genesis pools as early as possible, as this is a risk free way to earn CHICKEN tokens.

Farming LP Strategy

The LP pools will open 3 days after the genesis pools open. Take your CHICKEN rewards from the genesis pools (and/or buy some on SpookySwap) and pair it with FTM to receive CHICKEN-FTM LP tokens. (Refer to the Provide Liquidity section for instructions on how to do this). You can then stake those LP tokens in our Farms to earn EGG tokens as rewards. Furthermore, you can withdraw your EGG token rewards and pair it with FTM to receive EGG-FTM LP tokens (Refer to the Provide Liquidity section for instructions on how to do this). Stake those LP tokens in our Farms to earn even more EGG. Talk about compounding gains!

Hatchery Staking Strategy

You can also use your EGG rewards from farming (and/or buy some on SpookySwap) to stake in the Hatchery to earn additional CHICKEN when above peg and the Hatchery is printing