How does farming work?
The principles are like the typical yielding farms; users can deposit LP tokens acquired by depositing liquidity and generate yield in Swych tokens; the difference is that the Swych farms have integrated a Fixed APY.
Procedure in detail:
Users deposit LP tokens and the contract automatically creates a position in the yielding farm and keeps track of it. At the moment the farm distributes interest, the contract automatically updates the user's positions and calculates the next reward based on the updated deposits, thus creating the auto compounding without the need to split the LP token, deposit liquidity, acquire LP tokens, and then deposit again in the yielding farm. Everything is simplified by a single, internal, automatic feature in the farm's contract.
Your rewards are dependent on your deposit and are automatically generated