Alpha Homora adds leveraged yield farming for ETH/COMP and ETH/AAVE pools on SushiSwap
Yesterday, Alpha Homora launched support for oracle players.
Today, we welcome the lending players, Compound and Aave, and extend our support by adding ETH/COMP and ETH/AAVE leveraged yield farming pools that are on SushiSwap.
- ETH/COMP pool with 2.0x leverage
- ETH/AAVE pool with 2.0x leverage
So what do leveraged yield farmers gain?
- Earn ALPHA as a part of Alpha Homora Liquidity Mining (2A) program 💥
- Automatically stake SLP token for you on SushiSwap, so you can earn SUSHI
- Earn SUSHI on leverage
- SUSHI earned is automatically reinvested and added to your yield farming position
- Earn trading fees on leverage for providing liquidity to pools
- Can farm with just one token (e.g. no need to have both ETH and COMP for ETH/COMP pool or AAVE for ETH/AAVE pool)
- We will automatically and optimally swap roughly half of your supplied token to another token, so you can provide liquidity to the pool on Sushiswap to get a share of trading fees and get SLP token
For detailed step-by-step on how to farm, see here.
About Alpha Finance Lab
Alpha Finance Lab is an ecosystem of cross-chain DeFi products that will interoperate to bring optimal alpha returns to users. Alpha products focus on capturing unaddressed demand in DeFi in an innovative and user friendly way.
We are moving at a rapid pace, so we encourage everyone to join our Telegram / Discord for the latest updates, follow us on Twitter, or read more about us on our Blog!