Strategy and Planning

Considerations
Avoid creating a stake/farm before due consideration of:
what you are trying to achieve for your ecosystem
how you plan to incentivize stakers/farmers
the benefits of single-side staking versus farming  
how to reward fairly both large and small holders/LP providers
The fee for creating a Stake/Farm pool is non-refundable as the process is fully decentralized and doesn't involve Unicrypt at any stage.
Consider to fully test your stake pool and reward pool(s) under Kovan.
Planning
Farming vs Staking
If your main goal is to incentivize LP providers, you should strongly consider farming over staking, and make the rewards worth it while maintaining a healthy inflation rate.
Inflation
A large portion of rewards for stakers/farmers in a short time frame could lead to high inflation and may hurt the chart. Below are some suggestions to counter the inflation. 
Alternative rewards
You can have multiple rewards pools and consider various tokens for rewards, not (only) the same as the token staked. This could be a secondary token in your ecosystem, or even BNB, stable coin, or the token of another project you are partnering with.
Time-lock
Several level of time-lock periods each with an appropriate % boost can help ladder the unlock time of the token/LP token and limit the consequences of inflation.
Tiers
Separating small players from whale can help making it worth for everyone. You can consider 2 or more tiers for your stake/farm with different requirements holding requirements
e.g. 
Tier2: 0-100 tokens, 30% of total rewards
Tier1: 100-Infinity, 70% of total rewards
This helps redirecting most of the whales to the upper tier while leaving a chance for small holders to still earn some rewards.
Incentivize locking period
Plan the "time-boost" while acknowledging that there are 2 types of boost: Your time-boost and UNCL boost. The stakers have the choice of any combination. You need to understand how the UNCL boost works so that there is no "competition" between the "time-boost" and "UNCL boost", but more like a synergy: they complete each others. If your time-lock boost is not really appealing, your community will not time-lock their coins (other than the minimal requirement you set) and may instead only use UNCL to boost their stake. This may impact your ecosystem.
Recommendations
Set a minimal locking period which would look aligned with your tokenomics and roadmap
Consider a boost up to 100% for several months or a year of locking
Consider how to incentivize different profiles who have different needs with several time-boosts options over a wide timeline
A relatively bad example would be: 
1 Month 0%, 3 months 5%, 6 months 10%, 15 months 15%
15% boost only on a volatile asset will not incentivize locking. Also the time gap between 6 and 12 months with only 5% extra reward is not appealing for anyone.
 A rather good one could be:
1 Month 10% boost, 4 months 30% boost, 8 months 70% boost, 12 months 100% boost
Long term holder may lock for a year and leave it, while short term players may lock for 1 month, or not at all. Other profiles may be represented with the 4 and 8 months lockup & boost. And if no one is locking their coins, it may mean the incentive is not worth it. 
How to set the right APR?
What to do if you wish the APR to be 50%?
Simple answer: you cannot.
Why?
The APR is calculated based on the current reward block, which is linear, and depends on the amount of tokens staked (more precisely on the "total stake weight"). It's a rough indication for stakers.
Your farm/stake APR will be very high in the beginning and will settle to a lower % as more people are joining.
How to mitigate the risk of early whales earning most of the reward?
Create a reward pool with a start date in the coming days (i.e. not rewarding immediately) and communicate properly to your community ahead of the reward pool start time: this should give people enough time to think over it and potentially join your pool.
Additionally: start with a low reward and top up the reward pool along the way if required to give enough incentive for current stakers to stay and for new stakers to join.
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Create a Farm

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On this page

Considerations

Planning

Farming vs Staking

Inflation

Tiers

Incentivize locking period

How to set the right APR?