Leveraged Yield Farming (Ashswap/Onedex)
Leveraged Yield Farming (LYF) allows you to borrow assets to multiply your yield farming positions and amplify, maximise your profits.
We currently support ASHSWAP, the first stableswap dex in MultiversX, for leveraged yield farming.
We also support ONEDEX, for non-leveraged yield farming.
If yield farming gives you X returns, then LYF with 3X leverage will give u 3X returns. So the borrowed tokens are used to boost your position. Interests are paid for the borrowed tokens. The beauty of LYF is thus the ability to borrow more than what you put up so that you can maximize your yield farming profits.