Profit Sharing
The interest-bearing FarmBit NFT, is a deposit receipt token for subscribing to a pool that is compounding the Profit Sharing Pool. It can be obtained by subscribing to a pool.
FarmBit Pool utilizes the same vault architecture as other vaults, collecting FMB from users and then depositing it in aggregate into the Profit Sharing Pool. The advantages include:
No gas fee for subscribing and unsubscribing, you pay all fees in FMB.
A fungible and transferrable receipt token, FPR (FarmBit Pool Reciept), allows compounding Profit Sharing shares to be transferred between addresses without first unsubscribing your FPR.
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