Garden v3 is Live

The third, and longest, Yield Garden is live! To participate, you’ll need to be a liquidity provider in the ETH-YLD Sushiswap pool and then stake the liquidity tokens you receive over at garden.yield.credit. You cannot stake just YLD. The Gardens serve as a liquidity incentivization program and, as such, only liquidity providers can participate.

Pertinent details about Garden v3:

  • duration: 60 days
  • reward pool: 7.5K YLD
  • time to 3x multiplier: 45 days
  • cooldown period: 10 days (during this period you cannot unstake/withdraw)
  • unstake fee: 1%, 0.75% if you unstake after 45 days

The reason this Garden is longer than the previous one is to give time for the planned v2 geyser contract from Ampleforth — the Yield Gardens use v1 — to be audited, released, and any unforeseen quirks smoothened out. Similarly, Sushiswap has certain developments in the works that will potentially allow us to combine the Garden and the Onsen liquidity programs.

Keep up with Yield by following on telegram, twitter, and/or discord.

Kanpeki is a fixed-rate lending dapp with incentivized borrowing & lending.

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Kanpeki

Kanpeki

Kanpeki is a fixed-rate lending dapp with incentivized borrowing & lending.

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