🌈 Earn Up to 80% APR with Torch Leveraged Yield Farming 🌈
Thanks to TON Foundation's recent farming rewards, Torch Finance introduces Leveraged Yield Farming. With top DEXs like DeDust, Ston, and Torch Stable Swap, you can earn high returns with just a few clicks. Here are the FAQs:
🤑What is Leveraged Yield Farming?
You provide liquidity to a DEX and receive extra farming rewards. If a regular deposit gives 30% APR, using our 3x leveraged farming strategy can boost that to nearly 90% (before loan interest).
😎Two key benefits
🥇You only need USDT to start farming.
🥈Rewards are automatically claimed for you, no need to spend time or gas fees.
Best for: Users looking for high returns.
🤑What is a Saving Account?
Store your tokens and earn interest as they are lent to farmers. The more farmers borrow, the higher the interest rate on your deposit!
Best for: Users seeking steady returns without reducing their token balance.
🤑How to participate?
Through the Torch Finance Torlympics miniapp.
🤑Who can join now?
- Saving Accounts are open for everyone
- Farming is initially available to early users, including those who have:
🥇Reached Torch Finance's mine level
🥈500 TriTon from providing liquidity
🥉500 tsTON or 500 stTON or 3000 USDT in Saving Account.
🤑Protocol Revenue:
We take a portion of farming rewards and handle repayment through our DEX.
🤑Risks:
👀 Leveraged Yield Farming: Risk of liquidation if token prices rise too much. For example, if tsTON or stTON price rises 83%, you might be auto-liquidated.
👀 Saving Account: Low risk, but extreme market conditions could cause temporary withdrawal failure.
👀 External dependency: If DeDust or STON reward withdrawals fail, need to wait for their fix to receive earnings.
👀 Due to the recent high network load on TON nodes, delays may occur.
⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️
⭐️ LET'S FARM NOW ⭐️
⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️
Post #42
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