Welcome mStable community to Alpha Homora, as we now support yield farming of ETH/MTA pool on Uniswap!
So what will Alpha Homora yield farmers gain from yield farming on ETH/MTA pool?
👉 Can farm with just MTA (or only ETH, or both)
- We will automatically and optimally swap roughly half of your MTA to ETH, so you can provide liquidity to ETH/MTA pool on Uniswap to get a share of trading fees and get UNI-v2 LP token
👉 Alpha Homora will automatically stake UNI-v2 LP token on mStable for you, so you can earn MTA rewards
👉 Alpha Homora will automatically reinvest MTA rewards for you, increasing your yield farming position
- When reinvestment takes place, half of MTA farmed will be sold to ETH. You will then have more ETH-MTA added to your farming position
How to farm?
- Select ETH/MTA in the Yield Farming Pools section (bottom right in Yield Farming Pools section)
2. Enter how many MTA or ETH (or both) you want to use to farm then click farm.
To learn more about Alpha Homora product, see our documentation 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.
Alpha Homora, which is on Ethereum, is a protocol for leveraging your position in yield farming pools. ETH lenders can earn high interest on ETH. Yield farmers can get even higher farming APY, and liquidity providers can get even higher trading fees APY from taking on leveraged positions.