Spot profitability trends in ETH, BSC, SOL and more emerging protocols with 3rd Yield Farming!
May 17, 2021by Steaker
Recently, the rapid growth of Binance Smart Chain (BSC) and Solana (SOL) has grabbed attention from investors. As Pancake Swap became one of the most popular trading venues in the DeFi ecosystem, it is no longer enough to focus on Ethereum (ETH) solely. If you also see potentials in these emerging markets and protocols as we do, start exploring the DeFi map with our 3rd Yield Farming.
So what’s new in 3rd Yield Farming? This time, we integrate multiple DeFi Yield Farming strategies on ETH, BSC, and SOL blockchain, including the most promising protocols, such as Curve.fi, yearn.finance, Belt.fi, Ellipsis.finance, Nerve.fi, and more that we are excited to dive into investing.
3rd Yield Farming is available from now until 2021/05/24 23:59 (UTC+8), with a minimum threshold of 3,000 USDⓢ and a total application cap of 500,000 USDⓢ. For the first time, we allow USDC and DAI deposits as well. The annual percentage yield (APY) for the previous period is currently 29.5% — we bet you will regret it if you miss the opportunity again!
Gentle reminder: 3rd Yield Farming can be applied to the upgraded Affiliate Program and Wagyu VIP Program! Upon maturity, users who registered through referral code can get a 1% reduction in incentive fee. At the same time, Wagyu VIP can enjoy a 10%~20% reduction in incentive fees depending on different membership levels.
About 3rd Yield Farming
- Application Period: 2021/05/17 15:00~2021/05/24 23:59 (UTC+8)
- Application Eligibility: None
- Minimum Investment: 3,000 USDⓢ
- Maximum Application Limit: None
- Total Application Cap: 500,000 USDⓢ
- Supported Currency: USDT, USDC, and DAI
- Contract Period: 6 months
- Project Start Time: 2021/05/25 15:00 (UTC+8)
- Penalty: -10% of the original investment amount
- Stop-loss: -5% of the original investment amount
- Incentive Fee: 30% of interests
- Redemption Fee: 0.2 % of settlement amount
If you deposit after the application period, our system will automatically deduct 15 USDⓢ as a processing fee and transfer the received amount to your Steaker Account. Please pay attention to the deposit deadline to safeguard your rights.
Spot profitability trends in ETH, BSC, SOL and more emerging protocols with 3rd Yield Farming! was originally published in Steaker on Medium, where people are continuing the conversation by highlighting and responding to this story.