> For the complete documentation index, see [llms.txt](https://magiclandfinance.gitbook.io/magicland/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://magiclandfinance.gitbook.io/magicland/product-iotex/forest-farm.md).

# Forest (Farm)

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Earn $iMAGIC by staking LP tokens in the **Forest**
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Magicland strives to provide the best rates while still maintaining a competitive $iMAGIC price.

**\*\*These forests' reward multiplier will be adjusted dynamically with data-driven modeling to ensure the best APR% and TVL booster. Please refer to the site for the latest update.** 

|     |
| :-: |

| PID |      Pair     | Multiplier | Deposit Fee | Withdrawal Fee |
| :-: | :-----------: | :--------: | :---------: | :------------: |
|  2  |  iMAGIC-WIOTX |     50X    |      0%     |       0%       |
|  1  | iMAGIC-ioBUSD |     40X    |      0%     |       0%       |

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Some farms have deposit and withdrawal fees, always check before you stake! DYOR and never risk more than you could afford. 
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Impermanent loss is a **decentralized finance (DeFi) phenomenon** that occurs when an automated market maker's (AMMs) algorithmically driven token rebalancing formula creates a divergence between the price of an asset within a liquidity pool and the price of that asset outside of the liquidity pool.
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