Can someone explain how adding liquidity and Farming works? I uploaded a picture of my stake.

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[Here’s my farm]([https://i.imgur.com/qMTFeJk.png](https://i.imgur.com/qMTFeJk.png))

So I understand the basic concept, you’re more or less contributing to the liquidity so when people buy Cake with BNB they’re “using” some of the cake that you put in and you’re getting some fees in reimbursement, and hopefully these fees make up for the tokens that you “lose” by providing that liquidity.

So here’s my question, do you receive the fees in BNB if people are buying cake? And if so, do those fees automatically get added to your wallet? And how does farming work exactly? Do you just add your LP tokens, and you get the free Cake? Is the APR based on the total price of how much your LP tokens are worth? If so, how do you calculate the total value of your LP tokens? (In my picture I have no idea how much 3.767 LP tokens are worth), and wouldn’t this change if the Impairement loss is high? Also, wouldn’t impairement loss be irrelevant if BOTH the coins are rising in price?

I can’t seem to wrap my head around this concept. Thanks in advance.

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