Alpha Homora (vBSC) now supports leveraged BNB/LINK (3.0x) and BNB/BAND (3.0x) yield farming pools on PancakeSwap!
What do users gain from leveraged pools?
- Earn CAKE from yield farming process (higher CAKE APY from leverage)
- Earn trading fees APY for providing liquidity to pools (higher APY from leverage)
- Earn additional liquidity mining rewards (CAKE and ALPHA)
- Optimize and automate yield farming process for users
- Can farm CAKE with just one token (e.g. no need to have both BNB and LINK or BAND)
- We will automatically and optimally swap roughly half of your supplied token to another token, so you can provide liquidity to the pool on PancakeSwap to get a share of trading fees and get LP token
- Automatically stake LP token for you on PancakeSwap, so you can earn CAKE
- CAKE earned is automatically reinvested and added to your yield farming position
For detailed step-by-step on how to open a leveraged yield farming position, see here.
About Alpha Finance Lab
Alpha Finance Lab is an ecosystem of DeFi products that will interoperate to maximize returns while minimizing downside risks for users. Each Alpha product focuses on capturing unaddressed demand in DeFi in an innovative and user friendly way.