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#ExtraFi -new leveraged yield farming and compounder for #Velodrome LPs
Launched open beta 2 weeks ago.
Already growing at a staggering rate (currently over $700k in TVL).
Emissions yet to begin and token still not launched.
You're still early!
app.extrafi.io
Launched open beta 2 weeks ago.
Already growing at a staggering rate (currently over $700k in TVL).
Emissions yet to begin and token still not launched.
You're still early!
app.extrafi.io
1/ Use case
Single sided lending pools for idle assets on supply side with leverage and auto-compounding for farmers.
Valuable tooling for users looking to manage risk, improve capital efficiency or earn extra yield through LYF.
Single sided lending pools for idle assets on supply side with leverage and auto-compounding for farmers.
Valuable tooling for users looking to manage risk, improve capital efficiency or earn extra yield through LYF.
2/ Distribution
Generous community (60%) and partnership allocation (26%) to play a key strategic role in the ve(3,3) game
Emission plan is TBD, but will need to account for user behaviour and market dynamics (e.g incentivising lenders for heavily utilised pools, etc)
Generous community (60%) and partnership allocation (26%) to play a key strategic role in the ve(3,3) game
Emission plan is TBD, but will need to account for user behaviour and market dynamics (e.g incentivising lenders for heavily utilised pools, etc)
